---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-21-014534"
form_type: "8-K"
ticker: "MCAG"
cik: "0001859035"
company_name: "Mountain Crest Acquisition Corp. V"
filed_at: "2021-11-18T23:59:59+00:00"
generated_at: "2026-06-28T07:09:06.851142+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Mountain Crest Acquisition Corp. V closes IPO of 6.9M units, raising $69M

## Summary
- Sold 6,000,000 units at $10.00 each in IPO, plus 900,000 over-allotment units, generating aggregate gross proceeds of $69,000,000.
- Proceeds of $69,000,000 placed into trust account for benefit of public shareholders pending initial business combination.
- Sponsor Mountain Crest Global Holdings LLC purchased 223,000 private units for $2,230,000 in concurrent private placements.
- Each unit consists of one share of common stock and one right to receive one-tenth of a share upon consummation of a business combination.
- Company is a blank check company seeking a merger with one or more businesses; no target identified.

## SEC filing metadata
- accession: 0001829126-21-014534
- form_type: 8-K
- ticker: MCAG
- cik: 0001859035
- company_name: Mountain Crest Acquisition Corp. V
- filed_at: 2021-11-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1859035/000182912621014534/0001829126-21-014534-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1859035/000182912621014534/mountaincrest5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-21-014534
- JSON: https://secwatch.observer/filing/0001829126-21-014534.json
- Plain text: https://secwatch.observer/filing/0001829126-21-014534.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.