Mountain Crest Acquisition Corp. V closes over-allotment, raises additional $9M from IPO units

Mountain Crest Acquisition Corp. V

Over-allotment option fully exercised: 900,000 units at $10 each, gross proceeds of $9M.
Simultaneously sold 18,000 additional private placement units at $10 each, raising $180k.
Total $69M in net proceeds now held in trust for a future initial business combination.

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