regulatory
confidence high
sentiment positive
materiality 0.70
Mountain Crest V regains Nasdaq MVLS compliance; delisting risk resolved
Mountain Crest Acquisition Corp. V
- Previously failed $35M market value of listed securities (MVLS) rule.
- On June 5, 2024, Nasdaq confirmed MVLS ≥$35M for 10 consecutive days (May 21–June 4).
- Deficiency matter is now closed; company remains listed on The Nasdaq Capital Market.
- Trading symbols: MCAG (common), MCAGR (rights), MCAGU (units).