Mountain Crest Acquisition Corp. V Secures $500,000 Unsecured Loan from Sponsor

Mountain Crest Acquisition Corp. V has secured a $500,000 unsecured loan from its sponsor, Mountain Crest Global Holdings LLC. The loan is interest-free and repayable upon the company's initial business combination or liquidation. The funds will be used for working capital. The agreement was approved by the independent board members.

Mountain Crest Acquisition Corp. V held shareholder meeting

Mountain Crest Acquisition Corp. V held its annual stockholder meeting on November 4, 2025, where stockholders approved an amendment to extend the deadline for completing an initial business combination to November 16, 2026. Additionally, Suying Liu was elected as a director.

Mountain Crest Acquisition Corp V - Unit | 10-Q: FY2025 Q2 EPS: USD -0.04

Mountain Crest Acquisition Corp. V Delays Q2 Financial Report Due to Incomplete Financial Statements

Mountain Crest Acquisition Corp. V has delayed its Q2 financial report for the period ending June 30, 2025, due to incomplete financial statements. The company filed a Notification of Late Filing (Form NT 10-Q) with the SEC, stating that the delay is due to issues that could not be resolved without unreasonable effort or expense. The report is expected to be filed within five calendar days after the due date.

Mountain Crest Acquisition Corp. V Changes Auditors, Engages WWC, P.C. After Dismissing UHY LLP

Mountain Crest Acquisition Corp. V has changed its independent registered public accounting firm, dismissing UHY LLP effective August 1, 2025, after four years of service. The dismissal was not due to any disagreements or reportable events. The company has engaged WWC, P.C. as its new auditor, with the decision approved by the Audit Committee and Board of Directors, marking a significant transition in financial reporting oversight.