North Mountain Merger Corp.
NMMCU
NASDAQ Capital Market10.00
USD
-0.01
- -
CIK
0001819157
ISIN
US6612042068
CUSIP
661204206
Return %
Stock
S&P500
1Y
- -
26.53
3Y
-1.19
76.60
5Y
-1.19
80.11
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.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 767 Fifth Avenue New York City NY United States of America 10153
- IPO Date
- Sep 18, 2020
- CIK
- 0001819157
- Website
- northmountainmerger.com
- Similar Companies
- Business
- North Mountain Merger Corp. (NMMCU) is a blank check company, or special purpose acquisition company (SPAC), formed 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 financial technology segment of the financial services industry. The company offers no current products or services beyond its standard SPAC structure, including redeemable units comprising one Class A ordinary share and one-half of one redeemable warrant, each exercisable for one Class A ordinary share at $11.50; its securities trade on the Nasdaq Capital Market under the tickers NMMC for Class A ordinary shares, NMMCU for units, and NMMCW for warrants. Founded in 2020 and headquartered at 767 Fifth Avenue, 9th Floor, New York, New York, North Mountain Merger operates principally in the United States and has generated no revenues as it has not yet completed an initial business combination. In December 2021, the company announced a $1.2 billion business combination with Corcentric, Inc., a provider of procurement, accounts payable, and accounts receivable solutions, supported by approximately $132 million in trust cash and $50 million in PIPE financing from investors including Wellington Management; the transaction was expected to close in the second quarter of 2022 but was mutually terminated on August 29, 2022, due to unsatisfied closing conditions amid challenging market conditions. On September 20, 2022, North Mountain announced it would redeem all outstanding public shares and not consummate an initial business combination, returning funds to shareholders from its trust account. As of late 2025, the company remains a non-operating SPAC with no further announced mergers, acquisitions, or strategic shifts, and its units continue to trade around $10.00 with low volume.