North Mountain Merger Corp - Ordinary Shares - Class A

NASDAQ:NMMC   11:53:52 AM EDT
9.85
+0.01 (+0.10%)
Mergers / Acquisitions, Equity Financing / Related, Initial Public Offerings

Corcentric to Become Publicly Listed Through a Business Combination with North Mountain Merger Corp.

Published: 12/10/2021 12:17 GMT
North Mountain Merger Corp - Ordinary Shares - Class A (NMMC) - Corcentric, a Leading B2b Network That Transforms How Companies Purchase, Pay, and Get Paid, to Become Publicly Listed Through a Business Combination With North Mountain Merger Corp.
North Mountain Merger Corp - Corcentric and North Mountain to Combine at a Pro Forma Enterprise Value of $1.2 Billion.
North Mountain Merger - Deal to Provide Up to $182 Million of Gross Proceeds, Including $50 Million Pipe.
North Mountain Merger Corp - $50 Million Pipe From Investors Including Wellington Management and Millais Limited.
North Mountain Merger Corp - Upon Closing of Deal, Combined Entity Will Be Named Corcentric Inc.north Mountain Merger - Post Deal Close, Corcentric Management Team to Continue to Be Led by CEO Douglas Clark & President and Coo Matthew Clark.
North Mountain Merger Corp - Corcentric's Existing Shareholders Will Convert Their Ownership Stakes Into Equity of Combined Company.
North Mountain Merger - Corcentric's Existing Shareholders Expected to Own About 81% of Post-combination Co Immediately Following Closing of Deal.
North Mountain Merger Corp - Bregal Sagemount, a Prominent Growth Equity Firm, Will Continue As a Shareholder of Corcentric.