other material
confidence high
sentiment neutral
materiality 0.10
Mountain Crest V announces unit separation effective Dec 2, 2021
Mountain Crest Acquisition Corp. V
- Holders of MCAGU units may separate into common stock (MCAG) and rights (MCAGR) starting Dec 2, 2021.
- After separation, MCAG and MCAGR trade individually on NASDAQ; units not separated continue as MCAGU.
- Separated components may be recombined into units; no change to the SPAC's business or strategy.