---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-004818"
form_type: "8-K"
ticker: "MCAG"
cik: "0001859035"
company_name: "Mountain Crest Acquisition Corp. V"
filed_at: "2023-07-21T23:59:59+00:00"
generated_at: "2026-06-13T05:08:02.656826+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Nasdaq accepts MCAG's compliance plan for public float; deadline Nov 14, 2023

## Summary
- 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.

## SEC filing metadata
- accession: 0001829126-23-004818
- form_type: 8-K
- ticker: MCAG
- cik: 0001859035
- company_name: Mountain Crest Acquisition Corp. V
- filed_at: 2023-07-21T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1859035/000182912623004818/0001829126-23-004818-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1859035/000182912623004818/mountaincrest5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-004818
- JSON: https://secwatch.observer/filing/0001829126-23-004818.json
- Plain text: https://secwatch.observer/filing/0001829126-23-004818.txt

## Key facts
- Listing & Compliance Notices
  Mountain Crest Acquisition Corp. V received a nasdaq deficiency notice notice regarding other.
  - Exchange: nasdaq
  - Notice: deficiency notice
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1859035/000182912623004818/0001829126-23-004818-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.