Mission Advancement Corp. formerly operated as a special purpose acquisition company, established with the goal of pursuing a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with an identified entity. Incorporated in 2020 and headquartered in Phoenix, Arizona, the company successfully completed its initial public offering in March 2021. However, Mission Advancement Corp. ultimately liquidated its operations in December 2022, without completing a business combination.