Mountain Crest Acquisition Corp. V (MCAG): Nasdaq/NYSE listing notice — Nasdaq accepts MCAG's compliance plan for public float; deadline Nov 14, 2023

Mountain Crest Acquisition Corp. V

On July 18, 2023, Nasdaq accepted Company's plan to regain compliance with minimum 1.1M publicly held shares requirement.
Company must file with SEC and Nasdaq a public document detailing total shares outstanding and beneficial ownership by Nov 14, 2023.
Previously disclosed deficiency on May 18, 2023; plan submitted June 30, 2023.
Failure to file by deadline may result in delisting notice and appeal opportunity.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Mountain Crest Acquisition Corp. V received a nasdaq deficiency notice notice regarding other.

Exchange: nasdaq
Notice: deficiency notice

Exact text from the filing

May 18, 2023, Mountain Crest Acquisition Corp. V, a Delaware corporation (the “Company”), received a notice from the Nasdaq Stock Market LLC (“Nasdaq”), stating that the Company no longer satisfies the requirement to maintain a minimum of 1,100,000 publicly held shares (the “PHS Requirement”) for continued listing on The Nasdaq Global Market, according to the number of publicly held shares reported on its Form 8-K for May 12, 2023. The Company was provided 45 calendar days, or until July 3, 2023, to submit a plan to Nasdaq to regain compliance with the PHS Requirement. The Company submitted su

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Mountain Crest Acquisition Corp. V filing history →

Source: SEC EDGAR

accession 0001829126-23-004818

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