{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-23-003335","form_type":"8-K","ticker":"MCAG","cik":"0001859035","company_name":"Mountain Crest Acquisition Corp. V","filed_at":"2023-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.320473+00:00","generated_at":"2026-06-15T02:49:40.301244+00:00","sec_items":["5.03","5.07","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Mountain Crest V extends SPAC deadline to Feb 2024; 1.4M shares redeemed (~35%)","bullets":["Extension amendment approved by shareholders; deadline pushed from May 16, 2023 to Feb 16, 2024.","1,405,134 shares redeemed in connection with vote, representing ~34.6% of outstanding.","Turnout of 71.34% (2,896,598 of 4,060,008 shares); 2,859,700 voted for, 36,898 against.","Company continues working to close business combination with AUM Biosciences (target ticker AUMB)."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-23-003335","json":"https://secwatch.observer/filing/0001829126-23-003335.json","markdown":"https://secwatch.observer/filing/0001829126-23-003335.md","text":"https://secwatch.observer/filing/0001829126-23-003335.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1859035/000182912623003335/0001829126-23-003335-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1859035/000182912623003335/mountaincrest5_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T02:49:40.301244+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":"c376db95e26ef65892b9935f1e07ca65900088b4","claim":"Mountain Crest Acquisition Corp. V: Extended the business combination period from May 16, 2023 to February 16, 2024 by filing an amendment to the Amended and Restated Certificate of Incorporation (effective 2023-05-12).","evidence_excerpt":"As approved by its stockholders at the special meeting of Stockholders held on May 12, 2023 (the “Special Meeting”), Mountain Crest Acquisition Corp V (“SPAC”) filed an amendment to its Amended and Restated Certificate of Incorporation with the Delaware Secretary of State on May 12, 2023 (the “Extension Amendment”), giving SPAC the right to extend the time for SPAC to complete its business combination (the “Business Combination Period”) from May 16, 2023 to February 16, 2024.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1859035/000182912623003335/0001829126-23-003335-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-05-12"}],"fact_type":"governance_change"},{"claim_id":"a73347ce60042c7596055cc8f692139d3fb2aa1f","claim":"Mountain Crest Acquisition Corp. V shareholders approved Extension Amendment - to amend SPAC’s Amended and Restated Certificate of Incorporation to extend the Business Combination Period from May 16, 2023 to February 16, 2024 at the 2023-05-12 meeting.","evidence_excerpt":"Extension Amendment Stockholders approved the proposal to amend SPAC’s Amended and Restated Certificate of Incorporation, giving SPAC the right to extend the Business Combination Period from May 16, 2023 to February 16, 2024. Adoption of the Extension Amendment required approval by the affirmative vote of at least a majority of SPAC’s outstanding shares of common stock. The voting results were as follows: FOR AGAINST ABSTAIN 2,859,700 36,898 0","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1859035/000182912623003335/0001829126-23-003335-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"charter amendment"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-12"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}