Mason Industrial Technology, In

Mason Industrial Technology, In

MIT-WT
Mason Industrial Technology, InUS flagNew York Stock Exchange
0.01
USD
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633.75MMarket Cap
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Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Financial Services
Industry
Asset Management
Address
110 E. 59th Street, New York, NY 10022, USA New York NY United States of America 10022
IPO Date
Jan 29, 2021
Business
Mason Industrial Technology, Inc. Mason Industrial Technology, Inc. (NYSE:MIT-WT) operates as a blank check company whose primary business is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, with a focus on the industrial technology, advanced materials, and specialty chemicals sectors. The company offers no current products or services of its own, instead targeting growth-oriented businesses in automation, robotics, sensors, and related industrial processes that enhance engineering, production, assembly, and manufacturing efficiency; it emphasizes fundamentally sound, technologically differentiated companies with enterprise values between $1 billion and $3 billion that can expand organically or through add-on acquisitions. Headquartered at 110 E. 59th Street in New York, NY, Mason Industrial Technology was founded in 2020 as a Delaware corporation and trades publicly on the New York Stock Exchange. The company maintains a dedicated team of experienced investors, managers, operators, and leaders from public and private companies to support its acquisition and growth platform strategy, operating initially with minimal employees and no significant revenue or operations prior to a business combination. In recent developments, affiliates including Mason Capital Management LLC completed the acquisition of CB&I—a leading designer and builder of storage facilities, tanks, and terminals for energy and industrial markets—in December 2024 through a consortium with IES Holdings, Inc. IES Holdings, Inc., Nut Tree Capital Management, LP, 683 Capital Management, LLC, First Pacific Advisors, and other investors, positioning the asset as a standalone entity with no funded debt to pursue growth in energy storage solutions.