{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-24-005553","form_type":"8-K","ticker":"MCAG","cik":"0001859035","company_name":"Mountain Crest Acquisition Corp. V","filed_at":"2024-08-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.980905+00:00","generated_at":"2026-05-31T09:06:04.935217+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"MCAG obtains up to $500K unsecured promissory note from sponsor","bullets":["Note for up to $500K issued to sponsor Mountain Crest Global Holdings LLC on Aug 14, 2024.","Interest-free; principal due at earlier of business combination or liquidation.","Proceeds used for working capital; note forgiven if no business combination (except funds outside trust).","Drawdowns permitted via written notice; no prepayment penalty.","Typical SPAC working capital facility, no change to business combination timeline."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-24-005553","json":"https://secwatch.observer/filing/0001829126-24-005553.json","markdown":"https://secwatch.observer/filing/0001829126-24-005553.md","text":"https://secwatch.observer/filing/0001829126-24-005553.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1859035/000182912624005553/0001829126-24-005553-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1859035/000182912624005553/mountaincrest5_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:06:04.935217+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}