McLaren Technology Acquisition Corp

McLaren Technology Acquisition Corp. operates as a blank check company, which was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on February 24, 2021 and is headquartered in Irvine, CA.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Irvine, CA, Nov. 05, 2021 (GLOBE NEWSWIRE) -- McLaren Technology Acquisition Corp. (the “Company”) announced today that it closed its initial public offering of 20,125,000 units, including 2,625,000 units issued to the underwriters upon full exercise of their over-allotment option, at $10.00 per unit. The units are listed on the Nasdaq Global Market (“Nasdaq”) and began trading on Wednesday, November 3, 2021, under the ticker symbol “MLAIU”. Each unit consists of one share of the Company's Class A common stock and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable and will trade.  Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “MLAI” and “MLAIW,” respectively.

McLaren Technology Acquisition Corp. Announces Closing of $201,250,000 Initial Public Offering

News for McLaren Technology Acquisition Corp Stock (MLAIU)