Mountain Crest Acquisition 6 Corp. completes $60M IPO; auditor flags going concern doubt

Mountain Crest Acquisition 6 Corp.

IPO of 6,000,000 units at $10/unit, gross proceeds $60M deposited in trust account.
Private placement of 90,000 units at $10 each to sponsor and underwriter, total $900K.
Audited balance sheet: cash $4,650, working capital deficit $428,387, accumulated deficit $428,692.
Auditor expresses substantial doubt about going concern; only 12 months to complete business combination.
Company has not yet identified a target or initiated substantive business combination discussions.

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