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

Mountain Crest Acquisition Corp. V has entered into a new unsecured loan agreement with its sponsor, Mountain Crest Global Holdings LLC. Under the terms of the agreement, the sponsor will provide up to $500,000 to the company through a promissory note. The loan does not bear interest and is repayable on the earlier of the company’s completion of an initial business combination or its liquidation. If a business combination is not completed, repayment will be made only from funds outside the company’s trust account, if any. The proceeds from the note will be used for working capital purposes. The arrangement was approved by the independent members of the company’s board of directors. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mountain Crest Acquisition Corp. V published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-25-010028), on December 15, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here