secwatch.observer — SEC 8-K summary
======================================

Issuer:     Mountain Crest Acquisition Corp. V (MCAG)
CIK:        0001859035
Form:       8-K
Filed at:   2024-11-19T23:59:59+00:00
Accession:  0001829126-24-007679
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MCAG receives Nasdaq delisting notice for failing to complete business combination within 36 months
--------------------------------------------------------------------------------

- Nasdaq notified MCAG on Nov 14, 2024 that it failed to meet IM-5101-2 by not completing a business combination within 36 months of IPO effective date (Nov 12, 2021).
- Company will not appeal; trading on Nasdaq will be suspended at the open on Nov 21, 2024.
- Company expects securities to commence trading on the OTC market on Nov 21, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859035/000182912624007679/0001829126-24-007679-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859035/000182912624007679/mountaincrest5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-007679

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer