Macondray Capital Acquisition Corp. I

General Information

We intend to focus our search on companies with an aggregate enterprise value of approximately $1.5 billion and up in the software, data and technology, media and telecom (“TMT”) industries. We intend to capitalize on our management team’s background and experience in order to identify, source, negotiate and execute an initial business combination with the ultimate goal of pursuing attractive risk-adjusted returns for our shareholders. (Incorporated in the Cayman Islands)

R. Grady  Burnett, our co-CEO and chairman of our board of directors, was a co-founder of Bow Capital Partners. He previously was Vice President of Global Sales & Operations at Facebook, Inc. (Nasdaq: FB) (“Facebook”) from June 2009 to November 2013. Prior to joining Facebook, Grady was the Director of North American Sales and Operations at Google from August 2005 to May 2009 and Vice President of Sales at DoubleClick from April 1998 to April 2003. Grady started his career as a professional tennis player on the ATP tour before shifting to a career in technology and media.

(Note: Macondray Capital Acquisition Corp. I priced its SPAC IPO on June 30, 2021, in sync with the terms in its prospectus: 25 million units at $10 each to raise $250 million.)

Employees: 0
Founded: 2021
Contact Information
Address 707 Menlo Ave, Suite 110 Menlo Park, California 94025
Phone Number (650) 422-2001
Web Address
View Prospectus: Macondray Capital Acquisition Corp. I
Financial Information
Market Cap $312.50mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol DRAYU
Exchange NASDAQ
Shares (millions): 25.0
Price range $10.00 - $10.00
Est. $ Volume $250.0 mil
Manager / Joint Managers B. Riley, Inc.
CO-Managers -
Expected To Trade: 7/1/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change