Mountain & Co. I amends FC Barcelona deal; extends €40M condition deadline to Apr 30

Mountain & Co. I Acquisition Corp.

Amendment extends FCB's termination right from Dec 31, 2023 to Apr 30, 2024 if €40M condition unmet.
Condition: either Bridgeburg share sale for ≥€40M cash or PIPE escrow event of ≥€40M with only condition being closing.
FCB notified condition was unsatisfied; parties negotiated extension via Amendment No. 1.
Original Business Combination Agreement entered Aug 2023, amended multiple times; deal still subject to shareholder approvals.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Mountain & Co. I Acquisition Corp. amended Amended and Restated Business Combination Agreement with Futbol Club Barcelona (effective 2024-04-15).

Action: amendment
Agreement: merger
Counterparty: Futbol Club Barcelona
Effective: 2024-04-15

Exact text from the filing

On April 15, 2024, Mountain, FCB and BP entered into Amendment No. 1 to the Amended and Restated Business Combination Agreement

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Source: SEC EDGAR

accession 0001104659-24-047342

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