Mission Advancement Corp.
MACC-UN
New York Stock Exchange10.04
USD
+0.01
- -
CIK
0001840148
Return %
Stock
S&P500
1Y
2.50
18.02
3Y
0.30
64.11
5Y
0.30
72.15
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Jahm J. Najafi
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2525 East Camelback Road Phoenix AZ United States of America 85016
- CIK
- 0001840148
- Website
- missioncorp.com
- Similar Companies
- Business
- Mission Advancement Corp. (MACC-UN) operates as a special purpose acquisition company, or blank check company, focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting premier consumer enterprises at the intersection of consumer interests and societal impact. The company offers no current products or services beyond its core SPAC structure, which provides financing through its public offering proceeds held in trust for deployment in a de-SPAC transaction; its units consist of one share of Class A common stock and one-third of one warrant, with shares trading under ticker MACC and warrants under MACC-W, and remaining units under MACC-U on the New York Stock Exchange. Incorporated in 2020 and headquartered in Phoenix, Arizona, Mission Advancement Corp. pursues targets in sectors including direct-to-consumer brands, apparel and fashion, consumer products, consumer packaged goods, financial technology, food, health and wellness, sports, media, and education, with operations centered in the United States and a global target geography. Co-sponsored by Colin Kaepernick and The Najafi Companies, the company completed an upsized $345 million initial public offering in March 2021, raising proceeds to fund its business combination search. In a significant development, Mission Advancement Corp. underwent liquidation on December 7, 2022, following an amendment vote on December 6, 2022, after failing to complete a merger within its 24-month tenor, resulting in the return of trust funds to shareholders and the delisting of its securities. As of December 2025, no recent partnerships, acquisitions, funding rounds, new product launches, or strategic expansions have been announced, with the company remaining in a post-liquidation status and trading activity limited to legacy units.