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AdTheorent Completes Business Combination with MCAP Acquisition Corporation and Begins Trading on NASDAQ

December 22, 2021

Chicago and San Francisco – Paul Hastings LLP, a leading global law firm, announced today that it advised AdTheorent, a leading programmatic digital advertising company using advanced machine learning technology, in the completion of its business combination with MCAP Acquisition Corporation, a publicly traded special purpose acquisition company.

The business combination was approved by MCAP stockholders on December 21, 2021. Beginning on December 23, 2021, the combined company will begin trading under the name AdTheorent Holding Company, Inc. Its common stock will trade on Nasdaq under the ticker symbol "ADTH" and its warrants will trade on Nasdaq under the ticker symbol "ADTHW."

The Paul Hastings team that advised AdTheorent was led by M&A partners Amit Mehta and Steve Camahort, with of counsel Payam Roshandel, and associates Erica Lee and Megan Craig. The Securities and Capital Markets team included partner Teri O’Brien, and associates Amir Heyat and Elena Burns. Additional advice was provided by Dan Stellenberg and Jeffrey Ii (Compensation and Benefits); Jim Smulkowski and Dahlia Ali (Tax); Holly Snow and Gabriella Pan (Finance); and Ron Ben-Yehuda (IP).

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.

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