secwatch.observer — SEC 8-K summary
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Issuer:     Mountain Crest Acquisition Corp. IV (—)
CIK:        0001853774
Form:       8-K
Filed at:   2023-06-28T23:59:59+00:00
Accession:  0001829126-23-004439
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mountain Crest Acquisition Corp IV stockholders approve extension; ~1.8M shares redeemed for $19.1M
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- Stockholders approved extension of business combination deadline from July 2, 2023 to January 2, 2024 (vote: 4,704,065 for, 101 against, 0 abstain).
- In connection with vote, 1,810,489 shares tendered for redemption; approx. $19.1M to be paid out of trust account.
- SPAC deposited $250,000 into trust on June 27, 2023 to fund the extension.
- SPAC now has until January 2, 2024 to complete its initial business combination (pending merger with CH AUTO).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853774/000182912623004439/0001829126-23-004439-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853774/000182912623004439/mountaincrest4_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-23-004439

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