secwatch.observer — SEC 8-K summary
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Issuer:     Mountain Crest Acquisition Corp. V (MCAG)
CIK:        0001859035
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001829126-23-002402
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mountain Crest Acquisition Corp. V amends business combination agreement with AUM Biosciences
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- Amendment No. 2 removes SPAC's net tangible assets closing condition and eliminates SPAC's right to designate a Holdco board director.
- Company Interests updated from 8,779,752 to 9,841,118 Company Ordinary Shares as of Amalgamation Effective Time.
- Parties consent to termination of stock escrow agreement dated November 21, 2021.
- Outside Date previously extended to May 15, 2023; no change to deal value or structure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859035/000182912623002402/0001829126-23-002402-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859035/000182912623002402/mountaincrest5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-23-002402

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer