MCAP Acquisition Corporation Announces the Separate Trading of Its Class A Common Stock and Warrants Commencing on or About April 19, 2021

CHICAGO--(BUSINESS WIRE)--MCAP Acquisition Corporation (“the Company” or “MCAP”), a special purpose acquisition company sponsored by an affiliate of Monroe Capital LLC, today announced that holders of the units sold in the Company’s initial public offering of 31,625,000 units completed on March 2, 2021, may elect to separately trade the shares of Class A common stock and warrants included in the units commencing on or about April 19, 2021. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their broker contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into shares of Class A common stock and warrants. Those units not separated will continue to trade on the Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “MACQU,” and the Class A common stock and warrants that are separated will trade on the Nasdaq under the symbols “MACQ” and “MACQW,” respectively.