{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-03T17:41:16.806981+00:00","company":{"ticker":"MCAG","cik":1859035,"company_name":"Mountain Crest Acquisition Corp. V"},"pagination":{"limit":100,"returned":6,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","facts":[{"fact_type":"debt_financing","fact_key":"d74c758df186b4cc949ea4110c0b956c16f6c111","cik":1859035,"ticker":"MCAG","company_name":"Mountain Crest Acquisition Corp. V","filed_at":"2025-12-15T23:59:59+00:00","payload":{"counterparty":"Mountain Crest Global Holdings LLC","effective_date":"2025-12-11","event":"incurrence","instrument_type":"loan","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":"the earlier of: (i) the date on which Company consummates an initial business combination with a target business, or (ii) the date the Company liquidates if a b","principal_text":"up to $500,000"},"claim":"Mountain Crest Acquisition Corp. V incurred loan of up to $500,000 with Mountain Crest Global Holdings LLC maturing the earlier of: (i) the date on which Company consummates an initial business combination with a target business, or (ii) the date the Company liquidates if a b.","evidence_excerpt":"On December 11, 2025, Mountain Crest Acquisition Corp. V (the “Company”) issued an unsecured promissory note in the aggregate principal amount up to $500,000 (the “Note”) to Mountain Crest Global Holdings LLC, the Company’s sponsor (the “Sponsor”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001829126-25-010028","anchor_url":"https://secwatch.observer/filing/0001829126-25-010028#claim-d74c758df186b4cc949ea4110c0b956c16f6c111","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1859035/000182912625010028/0001829126-25-010028-index.htm"},{"fact_type":"governance_change","fact_key":"2c50885c2b11cdeee92929dea878d58bcf4e1b9d","cik":1859035,"ticker":"MCAG","company_name":"Mountain Crest Acquisition Corp. V","filed_at":"2025-11-07T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2025-11-05","item_codes_triggered":["5.03"],"summary_text":"Amended charter to extend Business Combination Period to November 16, 2026"},"claim":"Mountain Crest Acquisition Corp. V: Amended charter to extend Business Combination Period to November 16, 2026 (effective 2025-11-05).","evidence_excerpt":"As approved by its stockholders at the annual meeting of stockholders held on November 4, 2025 (the “Annual Meeting”), Mountain Crest Acquisition Corp. V (the “Company”), through amendment number 5 (“Amendment No. 5”), amended its Amended and Restated Certificate of Incorporation (the “Charter”), to (a) modify the terms and extend the date (the “Business Combination Period”) by which the Company has to consummate an initial business combination to November 16, 2026, by revising paragraph E of Article Sixth of the Charter. Amendment No. 5 was filed with the Delaware Secretary of State on November 5, 2025.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001829126-25-008933","anchor_url":"https://secwatch.observer/filing/0001829126-25-008933#claim-2c50885c2b11cdeee92929dea878d58bcf4e1b9d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1859035/000182912625008933/0001829126-25-008933-index.htm"},{"fact_type":"auditor_change","fact_key":"5def3c1cd6cc56c86a4c6b78c44f2ab54457fb89","cik":1859035,"ticker":"MCAG","company_name":"Mountain Crest Acquisition Corp. V","filed_at":"2025-08-07T23:59:59+00:00","payload":{"action":"engagement","auditor_name":"WWC, P.C.","disagreement_text":null,"effective_date":"2025-08-01","item_codes_triggered":["4.01","4.02"],"non_reliance_signal":"none","successor_auditor_name":null},"claim":"Mountain Crest Acquisition Corp. V engaged WWC, P.C. as its auditor.","evidence_excerpt":"the Company engaged WWC, P.C. (\"WWC\") as the Company's independent registered public accounting firm to audit the Company's financial statements, effective on August 1, 2025.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001829126-25-005930","anchor_url":"https://secwatch.observer/filing/0001829126-25-005930#claim-5def3c1cd6cc56c86a4c6b78c44f2ab54457fb89","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1859035/000182912625005930/0001829126-25-005930-index.htm"},{"fact_type":"auditor_change","fact_key":"6c5c793f9a34768701e1dbfddb443a093bc2c690","cik":1859035,"ticker":"MCAG","company_name":"Mountain Crest Acquisition Corp. V","filed_at":"2025-08-07T23:59:59+00:00","payload":{"action":"dismissal","auditor_name":"UHY LLP","disagreement_text":null,"effective_date":"2025-08-01","item_codes_triggered":["4.01","4.02"],"non_reliance_signal":"none","successor_auditor_name":"WWC, P.C."},"claim":"Mountain Crest Acquisition Corp. V dismissed UHY LLP as its auditor.","evidence_excerpt":"the Company dismissed UHY LLP (\"UHY\") as the Company's independent registered public accounting firm, effective immediately.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001829126-25-005930","anchor_url":"https://secwatch.observer/filing/0001829126-25-005930#claim-6c5c793f9a34768701e1dbfddb443a093bc2c690","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1859035/000182912625005930/0001829126-25-005930-index.htm"},{"fact_type":"debt_financing","fact_key":"35d3ac628ee12bdc0afad41b25b099d4eef60498","cik":1859035,"ticker":"MCAG","company_name":"Mountain Crest Acquisition Corp. V","filed_at":"2024-05-01T23:59:59+00:00","payload":{"counterparty":"Mountain Crest Global Holdings LLC","effective_date":"2024-04-30","event":"incurrence","instrument_type":"loan","interest_rate_text":"does not bear interest","item_codes_triggered":["2.03"],"maturity_text":"the earlier of: (i) the date on which Company consummates an initial business combination with a target business, or (ii) the date the Company liquidates if a b","principal_text":"up to $300,000"},"claim":"Mountain Crest Acquisition Corp. V incurred loan of up to $300,000 with Mountain Crest Global Holdings LLC at does not bear interest maturing the earlier of: (i) the date on which Company consummates an initial business combination with a target business, or (ii) the date the Company liquidates if a b.","evidence_excerpt":"On April 30, 2024, Mountain Crest Acquisition Corp. V (the \"Company\") issued an unsecured promissory note in the aggregate principal amount up to $300,000 (the \"Note\") to Mountain Crest Global Holdings LLC, the Company's sponsor (the \"Sponsor\").","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001829126-24-002971","anchor_url":"https://secwatch.observer/filing/0001829126-24-002971#claim-35d3ac628ee12bdc0afad41b25b099d4eef60498","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1859035/000182912624002971/0001829126-24-002971-index.htm"},{"fact_type":"material_agreement","fact_key":"fe580567e8378cae196bfb13ee8d7f6e00c8b7e5","cik":1859035,"ticker":"MCAG","company_name":"Mountain Crest Acquisition Corp. V","filed_at":"2024-04-24T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Note Conversion Agreement","agreement_type":"other","counterparty":"Mountain Crest Global Holdings LLC","effective_date":"2024-04-19","item_codes_triggered":["1.01"],"value_text":"$600,000"},"claim":"Mountain Crest Acquisition Corp. V entered into Note Conversion Agreement with Mountain Crest Global Holdings LLC valued at $600,000 (effective 2024-04-19).","evidence_excerpt":"On April 19, 2024, as approved by the Company’s audit committee, the Company entered into a note conversion agreement (the “Note Conversion Agreement”) with the Sponsor, to convert the Principal Amount due under the Notes into 150,000 shares of the Company’s common stock","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001829126-24-002749","anchor_url":"https://secwatch.observer/filing/0001829126-24-002749#claim-fe580567e8378cae196bfb13ee8d7f6e00c8b7e5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1859035/000182912624002749/0001829126-24-002749-index.htm"}]}