Brief: FC Barcelona & Mountain & Co I Acquisition Corp. Amend & Restate Business Combination Agreement With Regards To Barça Media

Mountain & Co I Acquisition

26/10/2023 22:13

Oct 26 (Reuters) - Mountain & Co I Acquisition Corp
 MCAA.O :
    * FC BARCELONA AND MOUNTAIN & CO. I ACQUISITION CORP. AMEND
AND
RESTATE BUSINESS COMBINATION AGREEMENT WITH REGARDS TO BARÇA
MEDIA
    * FC BARCELONA AND MOUNTAIN & CO. I ACQUISITION CORP. AMEND
AND
RESTATE BUSINESS COMBINATION AGREEMENT WITH REGARDS TO BARÇA
MEDIA
    * MOUNTAIN & CO I ACQUISITION CORP: AMENDMENT REDUCES
CLOSING
CONDITIONALITY FOR PUBLIC SHAREHOLDERS OF MCAA
    * MOUNTAIN & CO I ACQUISITION: PREVIOUS MINIMUM CASH
CONDITION
ADJUSTED TO REQUIRE THAT BARÇA MEDIA HAS NOT LESS THAN EUR 90
MILLION IN CASH AT CLOSING
    * MOUNTAIN & CO I ACQUISITION: MINIMUM PROCEEDS CONDITION
CAN NOW
BE MET THROUGH VARIOUS SOURCES, AND IS ONLY REQUIRED TO BE
SATISFIED AS OF CLOSING OF DEAL
    * MOUNTAIN & CO I ACQUISITION CORP: FCB'S PREVIOUS
UNILATERAL
TERMINATION RIGHT HAS BEEN REMOVED
    * MOUNTAIN & CO I ACQUISITION: AS AMENDED, DEAL PROVIDES FOR
TERMINATION RIGHT BY FCB IF FUNDING OF EUR 40 MILLION HAS NOT
BEEN RECEIVED/COMMITTED BY DEC 31

Source text for Eikon:  ID:nBw1S2FDPa 
Further company coverage:  MCAA.O 

 ((Reuters.Briefs@thomsonreuters.com;))