{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-23-002383","form_type":"8-K","ticker":null,"cik":"0001853774","company_name":"Mountain Crest Acquisition Corp. IV","filed_at":"2023-03-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.169218+00:00","generated_at":"2026-06-17T11:10:00.887616+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Mountain Crest SPAC extends deadline to July 2, 2023, borrows $350K from target CH Auto","bullets":["Extended business combination deadline from April 2 to July 2, 2023 by depositing $343,936 into trust.","Borrowed $350,000 from CH Auto Technology (target company) via unsecured promissory note.","Note is non-interest bearing, due at close of business combination or liquidation.","Note may be converted into common stock at $10.00/share at CH Auto's option.","Proceeds used to fund the extension deposit into trust account."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-23-002383","json":"https://secwatch.observer/filing/0001829126-23-002383.json","markdown":"https://secwatch.observer/filing/0001829126-23-002383.md","text":"https://secwatch.observer/filing/0001829126-23-002383.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1853774/000182912623002383/0001829126-23-002383-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1853774/000182912623002383/mountaincrest4_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T11:10:00.887616+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"67080ed08313416f410e71e2cfad50cf8ee0eddb","claim":"Mountain Crest Acquisition Corp. IV incurred convertible notes of $350,000 with CH AUTO (CH Auto Technology Corporation Ltd.) maturing due and payable on the earlier of: (i) the date on which Company consummates an initial business combination with a target business, or (ii) the date the Compan.","evidence_excerpt":"On March 29, 2023, the Company issued an unsecured promissory note in the aggregate principal amount of $350,000 (the \"Note\") to CH AUTO.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1853774/000182912623002383/0001829126-23-002383-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$350,000"},{"label":"Counterparty","value":"CH AUTO (CH Auto Technology Corporation Ltd.)"},{"label":"Maturity","value":"due and payable on the earlier of: (i) the date on which Company consummates an initial business combination with a target business, or (ii) the date the Compan"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}