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MTVC - MTVC STOCK NEWS

Welcome to our dedicated page for MTVC news (Ticker: MTVC), a resource for investors and traders seeking the latest updates and insights on MTVC 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 MTVC'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 MTVC's position in the market.

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Rhea-AI Summary

Motive Capital Corp II announced the successful closing of an additional 4,137,444 units as part of its initial public offering, resulting in gross proceeds of $341,374,440. Each unit is priced at $10.00 and consists of one Class A ordinary share and one-third of a redeemable warrant. The warrants allow purchase of additional shares at $11.50 each. The offering was managed by UBS Investment Bank and J.P. Morgan, with proceeds largely placed in trust, totaling $348,201,928.80.

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Motive Capital Corp II has announced its upsized initial public offering (IPO) of 30 million units priced at $10.00 each. The underwriters have an option to purchase an additional 4.5 million units. The units will start trading on the NYSE under the symbol 'MTVC U' on December 7, 2021. Each unit includes one Class A share and one-third of a redeemable warrant, which can be exercised for one Class A share at $11.50. The offering follows the effectiveness of the Registration Statement on December 6, 2021.

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FAQ

What is the market cap of MTVC (MTVC)?

The market cap of MTVC (MTVC) is approximately 448.5M.

MTVC

NYSE:MTVC

MTVC Rankings

MTVC Stock Data

448.48M
33.89M