Benzinga | Jan 26, 2021 07:10AM EST

Mountain Crest Acquisition Corp., Playboy Enterprises To Attend Webinar Hosted By SPACInsider, ICR On Friday, Jan. 29, 2021 At 12 p.m. EST

Playboy Enterprises, Inc. (the "Company" or "Playboy"), and Mountain Crest Acquisition Corp (NASDAQ:MCAC) ("Mountain Crest"), a publicly-traded special purpose acquisition corporation, today announced that the two companies will participate in a webinar hosted by SPACInsider and ICR on January 29, 2021 at 12:00 p.m. ET.

Learn more and register for the event at:

https://icrinc.zoom.us/webinar/register/1716027793907/WN_GKWqbHkeSyuWetJmLFkj4g

Participants in the webinar will include:

* Ben Kohn, CEO, Playboy

* Rachel Webber, Chief Brand & Strategy Officer, Playboy

* Dr. Suying Liu, Chairman and CEO, Mountain Crest Acquisition Corp

Playboy's return to the public markets presents a transformed, streamlined and high-growth business. The Company has over $400 million in cash flows contracted through 2029, sexual wellness products available for sale online and in over 10,000 major retail stores in the US, and a growing variety of clothing and branded lifestyle and digital gaming products.

As previously announced, upon closing of the business combination, Mountain Crest will be renamed "PLBY Group, Inc." and is expected to trade on the Nasdaq Stock Market under a new ticker symbol, "PLBY." As part of the deal, Playboy will retain its highly experienced management team, led by CEO Ben Kohn, to lead the Company's strategic transformation.