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NEW YORK, Feb. 17, 2023 (GLOBE NEWSWIRE) -- Mountain Crest Acquisition Corp. III (Nasdaq: MCAE; “Mountain Crest”), a publicly traded special purpose acquisition corporation or SPAC, today announced the completion of its business combination with ETAO International Group (“EIG...
Transaction values ETAO International Group (“ETAO”) at a pro forma fully diluted enterprise value of approximately $2.5 billion with existing ETAO shareholders rolling over 100% of their equity into equity of the combined company Transaction expected to provide up t...