Nasdaq notifies Mountain Crest of deficiency for late 10-K and 10-Q filing

Mountain Crest Acquisition Corp. V

Received Nasdaq deficiency notice on July 18, 2024, for failure to timely file Form 10-K (2023) and Form 10-Q (Q1 2024).
Company has until September 2, 2024, to submit a compliance plan; Nasdaq may grant extension to October 14, 2024.
Company intends to file delinquent reports or submit compliance plan as soon as practicable.
No immediate effect on listing or trading of MCAG common stock, rights, or units.

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