Mountain Crest Acquisition Corp. V Files Definitive Proxy Statement

TL;DR

MCAF V proxy filed. Shareholders vote on company's future. Get ready.

AI Summary

Mountain Crest Acquisition Corp. V filed a definitive proxy statement on October 22, 2024, for its annual meeting. The filing pertains to the company's operations and governance as a special purpose acquisition company (SPAC). Shareholders will vote on matters related to the company's continued existence and potential future business combinations.

Why It Matters

This filing provides shareholders with crucial information to make informed voting decisions regarding the company's future direction and governance, impacting their investment.

Risk Assessment

Risk Level: low — This is a routine proxy filing for an annual meeting, not indicating new significant risks or events.

Key Players & Entities

• Mountain Crest Acquisition Corp. V (company) — Registrant
• 0001829126-24-006911 (filing_id) — Accession Number
• 20241022 (date) — Filing Date

FAQ

Key Financial Figures

• $6.0 million — Trust Account, which held approximately $6.0 million of marketable securities as of October
• $4.00 — eld by the Sponsor into common stock at $4.00 per share, and (iii) 223,000 shares of
• $11.55 — mated redemption price is approximately $11.55 per share, before deducting estimated t
• $11.06 — ;s common stock on October 10, 2024 was $11.06. The Company cannot assure stockholders

Filing Documents

• mountaincrest5_def14a.htm (DEF 14A) — 390KB
• 0001829126-24-006911.txt ( ) — 391KB

Forward Looking Statements

Forward Looking Statements This Proxy Statement (this “ Proxy Statement ”) contain certain “forward-looking statements” within the meaning of “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements can be identified by words such as: “target,” “believe,” “expect,” “will,” “shall,” “may,” “anticipate,” “estimate,” “would,” “positioned,” “future,” “forecast,” “intend,” “plan,” “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Examples of forward-looking statements include, among others, statements made in this Proxy Statement regarding the proposed Nasdaq compliance plan, including the benefits of the Nasdaq compliance plan, and the expected timing of the private placement and a Business Combination. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s managements’ current beliefs, expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Actual results and outcomes may differ materially from those indicated in the forward- looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results and outcomes to differ materially from those indicated in the forward- looking statements include, among others, the following: (1) the occurrence of any event, change, or other circumstances that could give rise to the termination of a Business Combination; (2) t

View Full Filing

View this DEF 14A filing on SEC EDGAR