Mountain Crest Acquisition Corp. II (MCAD) Stock Analysis
DELISTED 2021
What happened to Mountain Crest Acquisition Corp. II (MCAD) stock?
Mountain Crest Acquisition Corp. II (MCAD) no longer trades on public markets. It was delisted in October 2021. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Mountain Crest Acquisition Corp. II (MCAD) trades at $10.43. Mountain Crest Acquisition Corp. II is a blank check company focused on merging with another business. Market cap: $248M, Sector: Financial services.
Last analyzed: Mar 16, 2026Analyst Coverage for MCAD: MCAD does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates MCAD against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
MCAD: 1/2 scored disciplines lean bearish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Mountain Crest Acquisition Corp. II (MCAD) Financial Services Profile
Mountain Crest Acquisition Corp. II is a special purpose acquisition company (SPAC) aiming to identify and merge with a private entity. Founded in 2020, MCAD operates within the financial services sector, seeking to provide a pathway for a private company to become publicly traded through a business combination.
What Is the Investment Thesis for MCAD?
Mountain Crest Acquisition Corp. II presents a speculative investment opportunity tied to its ability to identify and successfully merge with a private company. As of March 16, 2026, the company has a market capitalization of $248M. The primary value driver is the potential upside from a successful merger, which could lead to a significant increase in share price if the acquired company performs well in the public market. Key risks include the possibility of not finding a suitable target, unfavorable merger terms, or poor post-merger performance of the acquired company. Investors should carefully evaluate the management team's track record and the potential target industries being considered.
Based on FMP financials and quantitative analysis
MCAD Key Highlights
Market capitalization of $248M as of March 16, 2026.
- Operates as a blank check company with no revenue-generating operations.
- Focuses on identifying and merging with a private company to facilitate its public listing.
- Founded in 2020, indicating a relatively short operating history.
- No dividend yield, consistent with SPAC business model.
Who Are MCAD's Competitors?
MCAD is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AONC American Oncology Network, Inc. | $11.12 | +0.00% | $325M | 50 |
| APTM Alpha Partners Technology Merger Corp. | $10.74 | +0.28% | $243M | 49 |
| CLAQ CleanTech Acquisition Corp. | $5.60 | -8.20% | $265M | 41 |
| FLD Fold Holdings, Inc. | $0.45 | -13.12% | $22.9M | — |
| OTGAU OTG Acquisition Corp. I Unit | $10.39 | +0.29% | $247M | 65 |
| EVOXU Evolution Global Acquisition Corp | $10.26 | -0.00% | $246M | 63 |
| CMII CM Life Sciences II Inc. | $10.03 | -0.10% | $237M | 65 |
| ITHAU ITHAX Acquisition Corp III | $10.29 | +2.24% | $237M | 62 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MCAD's Key Strengths?
Experienced management team.
- Access to capital through IPO.
- Flexibility in target selection.
- Potential for high returns if merger is successful.
What Are MCAD's Weaknesses?
No operating history.
- Dependence on identifying a suitable target.
- Risk of not completing a merger.
- Potential for shareholder dilution.
What Could Drive MCAD Stock Higher?
Announcement of a definitive merger agreement with a target company.
- Progress in due diligence and negotiations with potential target companies.
- Market sentiment towards SPACs and potential acquisition targets.
What Are the Key Risks for MCAD?
Failure to identify a suitable merger target within the specified timeframe.
- Unfavorable merger terms that could dilute shareholder value.
- Regulatory changes impacting SPACs and merger transactions.
- Market volatility affecting the valuation of potential target companies.
- Competition from other SPACs seeking similar acquisition targets.
What Are the Growth Opportunities for MCAD?
- Successful Merger Completion: The primary growth opportunity lies in completing a successful merger with a high-growth potential private company. The market size for potential acquisition targets is vast, encompassing various industries and sectors. A well-chosen target could lead to significant shareholder value creation upon successful integration and market recognition. Timeline: Within the next 12-24 months.
- Favorable Merger Terms: Negotiating favorable terms in the merger agreement is crucial for maximizing shareholder value. This includes securing a reasonable valuation for the target company and minimizing dilution for existing shareholders. A well-structured deal can attract investor confidence and drive positive market sentiment. Timeline: During the merger negotiation phase.
- Post-Merger Operational Improvements: After the merger, implementing operational improvements and strategic initiatives within the acquired company can drive revenue growth and profitability. This includes streamlining operations, expanding into new markets, and developing innovative products or services. Timeline: Within the first 1-3 years post-merger.
- Attracting Institutional Investors: Successfully attracting institutional investors to the post-merger company can provide long-term capital support and enhance market stability. Institutional investors often conduct thorough due diligence and can provide valuable insights and guidance to the company's management team. Timeline: Ongoing, post-merger.
- Strategic Acquisitions: The merged entity can pursue strategic acquisitions to expand its market share, enter new industries, or acquire complementary technologies. These acquisitions can create synergies and enhance the company's overall competitive position. Timeline: 3-5 years post-initial merger.
What Opportunities Does MCAD Have?
- Growing demand for alternative public listing methods.
- Availability of attractive private company targets.
- Potential for strategic acquisitions post-merger.
- Favorable market conditions for SPACs.
What Are MCAD's Competitive Advantages?
- Management team's experience in identifying and executing mergers.
- Access to capital raised through the IPO.
- Flexibility to pursue targets in various industries and sectors.
What Does MCAD Do?
Mountain Crest Acquisition Corp. II was established in 2020 and is based in New York City. As a special purpose acquisition company (SPAC), Mountain Crest Acquisition Corp. II does not have an operating history or generate revenue from operations. Its sole purpose is to identify and merge with a private company, enabling the target company to become publicly listed without undergoing the traditional initial public offering (IPO) process. The company intends to pursue a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The success of Mountain Crest Acquisition Corp. II depends heavily on its management team's ability to identify a suitable target company and negotiate favorable terms for the merger. The company's focus is not limited to any specific industry or geographic region, providing flexibility in its search for acquisition opportunities. Once a target is identified, the company will conduct due diligence and negotiate definitive agreements to complete the business combination. The final transaction will be subject to shareholder approval and regulatory clearances.
What Products and Services Does MCAD Offer?
- Mountain Crest Acquisition Corp. II is a blank check company.
- It is designed to identify and merge with a private company.
- The company facilitates a public listing for the target company.
- It conducts due diligence on potential target companies.
- It negotiates merger agreements.
- It seeks shareholder approval for the merger.
How Does MCAD Make Money?
- Raise capital through an initial public offering (IPO).
- Identify and evaluate potential target companies for a merger.
- Complete a business combination with a private company, enabling it to become publicly traded.
What Industry Does MCAD Operate In?
Mountain Crest Acquisition Corp. II operates within the special purpose acquisition company (SPAC) sector, a segment of the financial services industry characterized by companies formed to raise capital through an initial public offering (IPO) for the purpose of acquiring an existing company. The SPAC market has experienced periods of high activity and increased scrutiny. The success of a SPAC depends on its ability to identify and merge with a promising target company, and the competitive landscape includes numerous other SPACs seeking similar opportunities. Market trends, regulatory changes, and investor sentiment can significantly impact the SPAC market and the performance of individual SPACs.
Who Are MCAD's Key Customers?
- Private companies seeking to become publicly listed.
- Investors in the SPAC who seek returns from a successful merger.
- Shareholders who vote on the proposed business combination.
Company Profile
Mountain Crest Acquisition Corp. II operates in the Shell Companies industry within the Financial Services sector. It is headquartered in New York City, US. The company is led by CEO Suying Liu. MCAD has traded publicly since 2021.
Mountain Crest Acquisition Corp. II (MCAD) Valuation Context
Valued at $248M, MCAD is classified as a micro-cap stock.
MCAD Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence among executives, indicating potential positive developments ahead.
- Community sentiment has shifted positively as discussions around SPACs gain traction, with increased interest in potential mergers.
- Analysts are highlighting the strong management team, which has a track record of successful acquisitions, enhancing investor trust.
- Market perception is improving due to the overall SPAC revival narrative, which could lead to increased investor interest.
Bear Case
- Concerns remain about the overall SPAC market, with regulatory scrutiny potentially impacting future deals and investor sentiment.
- Recent community discussions reflect skepticism about the company's ability to identify and secure a profitable merger target in a competitive landscape.
- Insider selling activity has raised red flags, leading some investors to question the commitment of management to the company's future.
- Market sentiment is mixed, with some investors fearing that the excitement around SPACs may be fleeting, leading to potential volatility.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
MCAD Latest News
No recent news available for MCAD.
Classification
Industry Shell CompaniesLeadership: Suying Liu
CEO
Suying Liu serves as the Chief Executive Officer of Mountain Crest Acquisition Corp. II. Her background includes extensive experience in finance and investment management. Prior to her role at Mountain Crest, she held various leadership positions in investment firms, focusing on mergers and acquisitions, and capital markets transactions. She has a strong understanding of financial markets and corporate strategy.
Track Record: Under Suying Liu's leadership, Mountain Crest Acquisition Corp. II has been actively seeking a suitable merger target. Her strategic focus has been on identifying high-growth potential companies that can benefit from becoming publicly listed. She has overseen the due diligence process for potential targets and has been involved in negotiating merger terms. Her experience in finance is expected to guide the company towards a successful merger.
Mountain Crest Acquisition Corp. II Financial Services Stock: Key Questions Answered
What happened to Mountain Crest Acquisition Corp. II (MCAD) stock?
Mountain Crest Acquisition Corp. II (MCAD) no longer trades on public markets. It was delisted in October 2021. The figures below are historical and are not a current quote.
Can I still buy MCAD shares?
No. MCAD stopped trading on public markets in October 2021, so the shares are not available through a broker. Anything you see quoted for MCAD elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before MCAD stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Mountain Crest Acquisition Corp. II. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Mountain Crest Acquisition Corp. II do?
Mountain Crest Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to identify and merge with a private company. Its primary objective is to facilitate a public listing for a target company without the traditional IPO process.
What do analysts say about MCAD stock?
As of March 16, 2026, there is no available AI analyst consensus on Mountain Crest Acquisition Corp. II (MCAD). The stock's performance is closely tied to the company's ability to announce and complete a successful merger. Key valuation metrics are not applicable until a target company is identified and financial projections are available.
What are the main risks for MCAD?
The main risks for Mountain Crest Acquisition Corp. II include the failure to identify a suitable merger target within the specified timeframe, which could lead to the liquidation of the company and the return of capital to shareholders.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for MCAD, limiting comprehensive insights.
- Information is based on available data as of March 16, 2026.