Mountain & Co. I Acquisition Corp. terminates FC Barcelona merger; director resigns

Mountain & Co. I Acquisition Corp.

Terminated A&R Business Combination Agreement with FC Barcelona and Barça Produccions, effective June 28, 2024.
Mutual release of claims except for fraud or willful breach; no termination fee disclosed.
Director Miles Gilburne resigned June 26, 2024, not due to any dispute with MCAA.
MCAA now non-compliant with Nasdaq audit committee independence (Rule 5605(c)(2)(A)) and board majority independence (Rule 5605(b)(1)).
MCAA intends to pursue alternative business combination opportunities and expects to cure Nasdaq non-compliance within the cure period.

item 1.02 item 3.01 item 5.02 item 9.01

Executive movements

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Departed

Miles Gilburne

Director

Mountain & Co. I Acquisition Corp.

Effective: 2024-06-26
Filed: July 2, 2024, 7:59 PM ET

On June 26, 2024, Miles Gilburne resigned as a director of MCAA.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Miles Gilburne resigned as Director at Mountain & Co. I Acquisition Corp..

Action: resigned
Role: Director

Exact text from the filing

On June 26, 2024, Miles Gilburne resigned as a director of MCAA.

View on SEC.gov

Source: SEC EDGAR

accession 0001140361-24-032149

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