MCAC

Monterey Capital Acquisition Corporation

A special purpose acquisition company, or SPAC — a "blank check" company with no business of its own, formed to raise money and merge with an existing firm to take it public. Founded in 2021 and based in Monterey, California, it targeted companies in the clean energy transition and completed its mission in 2024 by merging with ConnectM Technology Solutions, an electrification technology firm, which then took over the Nasdaq listing. Its name simply reflects its home city, a common habit among SPACs.

Class A Common Stock — Merged with ConnectM Technology Solutions on July 12, 2024