BARCELONA, Spain and NEW YORK, June 28,
2024 /PRNewswire/ -- Mountain & Co. I Acquisition
Corp. ("Mountain") and FC Barcelona ("Barça") jointly announce the
termination of the Business Combination Agreement ("Agreement")
dated August 11, 2023. The decision
to terminate the Agreement stems from the joint decision to focus
on near-term business opportunities, which are best addressed in a
private structure. The parties have agreed that Barça standalone,
without Mountain, shall fully concentrate on leveraging such
business opportunities, which are projected to substantially drive
growth for Barça Media.
Forward-Looking Statements
This communication contains forward-looking statements within
the meaning of Section 27A of the U.S. Securities Act of 1933,
as amended (the "Securities Act"), and Section 21E of the U.S.
Securities Exchange Act of 1934, as amended, that are based on
beliefs and assumptions and on information currently available to
MCAA and FC Barcelona. In some cases, you can identify
forward-looking statements by the following
words: "budget," "may," "will," "could," "would," "should,"
"forecast," "future," "might," "outlook," "expect," "intend,"
"plan," "anticipate," "believe," "estimate," "predict," "project,"
"potential," "continue," "ongoing," "target," "seek" or
the negative or plural of these words, or other similar expressions
that are predictions or indicate future events or prospects,
although not all forward-looking statements contain these words.
Any statements that refer to expectations, projections or other
characterizations of future events or circumstances, including
strategies or plans as they relate to the proposed transaction, are
also forward-looking statements. These forward-looking statements
involve risks, uncertainties and other factors that may cause
actual results, levels of activity, performance or achievements to
be materially different from the information expressed or implied
by these forward-looking statements. Most of these factors are
outside MCAA's and FC Barcelona's control and are difficult to
predict. Forward-looking statements in this communication include,
but are not limited to, statements regarding the identification of
a target business and a potential business combination or other
such transaction. These forward-looking statements are subject to a
number of risks and uncertainties, including, among others, those
included under the heading "Risk Factors" in the annual report on
Form 10-K for year ended December 31, 2023 of MCAA and in
its subsequent quarterly reports on Form 10-Q and other
filings with the SEC.
CONTACT: Alexander Hornung,
ah@mountain.partners
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SOURCE Mountain & Co. I Acquisition Corp.