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Macondray Capital Acquisition Corp. I

macondraycap.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2022 10-Q, filed Nov 9, 2022. Its latest SEC filing is a SC 13G/A from Feb 14, 2023.

The sections below describe the company as of the FY2021 annual report.

What Did They Do?

Seeks to combine with an operating business, sourcing potential targets through its team’s networks and evaluating companies across industries.

How Did They Make Money?

No revenue was reported.

How Were They Changing?

Since the FY2021 annual report
Latest quarter: Q3 FY2022, the three months to Sep 30, 2022
Net income
▼ −81%
vs $8.5M in Q3 FY2021
  • Dec 27, 2022 Plans to liquidate and redeem public shares after failing to complete a business combination The company said its public shares would be redeemed and its warrants would expire worthless.

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