---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-008111"
form_type: "8-K"
ticker: "MCAG"
cik: "0001859035"
company_name: "Mountain Crest Acquisition Corp. V"
filed_at: "2023-12-19T23:59:59+00:00"
generated_at: "2026-06-07T10:48:44.330420+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mountain Crest Acquisition Corp. V receives Nasdaq delisting notice for failing $35M MVLS requirement

## Summary
- Nasdaq notified MCAG on Dec 13, 2023 that its market value of listed securities fell below $35M for 30 consecutive business days.
- Company has until June 10, 2024 to regain compliance by closing MVLS at $35M or more for 10 consecutive business days.
- Notice has no immediate effect on listing; securities continue to trade on Nasdaq during the 180-day cure period.
- There is no assurance the company can regain compliance or maintain other Nasdaq continued listing requirements.

## SEC filing metadata
- accession: 0001829126-23-008111
- form_type: 8-K
- ticker: MCAG
- cik: 0001859035
- company_name: Mountain Crest Acquisition Corp. V
- filed_at: 2023-12-19T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1859035/000182912623008111/0001829126-23-008111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1859035/000182912623008111/mountaincrest5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-008111
- JSON: https://secwatch.observer/filing/0001829126-23-008111.json
- Plain text: https://secwatch.observer/filing/0001829126-23-008111.txt

## Key facts
- Listing & Compliance Notices
  Mountain Crest Acquisition Corp. V received a nasdaq noncompliance notice notice regarding market value (rules 5550(b)(2)).
  - Exchange: nasdaq
  - Notice: noncompliance notice
  - Deficiency: market value
  - Rules: 5550(b)(2)
  source text: December 13, 2023, Mountain Crest Acquisition Corp. V, a Delaware corporation (the “Company”), received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”), stating that the Company’s listed securities failed to comply with the $35,000,000 market value of listed securities (“MVLS”) requirement for continued listing on The Nasdaq Capital Market in accordance with Nasdaq Listing Rule 5550(b)(2) based upon the Company’s MVLS for the 30 consecutive business days prior to the date of the Notice. The Notice has no immediate effect on the listing of the Company’s securities on Nasd
  evidence_url: https://www.sec.gov/Archives/edgar/data/1859035/000182912623008111/0001829126-23-008111-index.htm

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