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MACQ - MACQ STOCK NEWS

Welcome to our dedicated page for MACQ news (Ticker: MACQ), a resource for investors and traders seeking the latest updates and insights on MACQ stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MACQ's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MACQ's position in the market.

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AdTheorent, a leading programmatic digital advertising company, announced that CEO Jim Lawson will present at Water Tower Research’s Virtual Fireside Chat on December 20, 2021, at 2pm ET. The presentation will cover growth opportunities for 2022. Following the chat, an archived replay will be available on the MCAP Acquisition Corporation website. MCAP raised $316 million in March 2021 and is focused on a proposed business combination with AdTheorent, set for a special meeting on December 21, 2021.

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AdTheorent, a leader in programmatic digital advertising, reported a 49% year-over-year growth for the nine months ending September 30, 2021. The company has raised its 2021 revenue guidance twice, anticipating at least $161.6 million. Their CTV revenue surged nearly 300% in Q3 2021. AdTheorent also announced a planned business combination with MCAP Acquisition Corporation, expected to close on December 21, 2021, which will position them for further growth in the digital advertising sector.

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AdTheorent, a leading digital advertising company, announced that CEO Jim Lawson will present at Water Tower Research’s Virtual Fireside Chat to discuss Connected TV (CTV) on December 14, 2021, at 11am ET. The presentation will be available via a live webcast, with an archived replay on the MCAP Acquisition Corporation website for 30 days. MCAP, a blank check company, raised $316 million in March 2021 and trades under the tickers MACQ, MRCC, and MACQU.

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MCAP Acquisition Corporation (MACQ) announced that AdTheorent and its majority equityholder have waived two closing conditions related to their proposed business combination. This includes the $140 million aggregate cash consideration and $258.1 million in trust. The merger is anticipated to finalize shortly after the stockholder meeting on December 21, 2021. MCAP's CEO highlighted the strong balance sheet and cash flow as key assets. The combination aims to enhance growth opportunities and solidify the ownership structure, with existing AdTheorent shareholders becoming the largest post-merger stockholders.

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MCAP Acquisition Corporation announced the effectiveness of its Form S-4 Registration Statement for the proposed business combination with AdTheorent Holding Company. A special meeting for MCAP stockholders is set for December 21, 2021, to approve the deal, which is expected to close shortly after, pending customary conditions. MCAP raised $316 million in March 2021, and the combined entity will trade on NASDAQ under the symbol ADTH.

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AdTheorent Holding Company, a leader in programmatic digital advertising, announced CEO Jim Lawson's participation at Water Tower Research’s Virtual Fireside Chat on December 8, 2021, at 11 am ET. The event will cover industry trends and will be available via live webcast. An archived replay will be available on the MCAP Acquisition Corporation website for 30 days. MCAP, which raised $316 million in March 2021, is set to combine with AdTheorent, aiming for growth in the digital advertising sector. More details can be found at adtheorent.com.

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AdTheorent Holding Company announced that its business combination with MCAP Acquisition Corporation has received SEC approval. The effective registration statement includes critical information about both companies and the proposed transaction. The special meeting for MCAP's stockholders is scheduled for December 21, 2021, with a record date of November 4, 2021. Pending stockholder approval, the merger will close shortly after the meeting. Upon completion, AdTheorent will trade on NASDAQ under the ticker ADTH.

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AdTheorent reported Q3 2021 financials showcasing a 36% revenue increase to $39.5 million, driven by robust growth in video (over 67%) and other channels. Gross profit rose 39% to $20.3 million, with a margin expansion to 51%. The company's net income surged 87% to $3.0 million, while Adjusted EBITDA increased 49% to $8.9 million. AdTheorent reaffirmed its full-year revenue guidance of at least $161.6 million and raised Adjusted EBITDA guidance to exceed $35.0 million.

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AdTheorent, Inc., a leader in programmatic digital advertising, has been named one of the '100 Best Places to Work in New York City' for the eighth consecutive year by Crain's New York Business. The recognition is based on a survey of over 20,000 employees examining workplace practices and policies. CEO James Lawson emphasized the company's commitment to innovative technology and employee success, particularly as the company prepares to go public through a merger with MCAP Acquisition Corporation (NASDAQ: MACQ). The merger is expected to enhance AdTheorent's market position and growth potential.

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