Home / Going-concern warnings / Mountain Crest Acquisition Corp. V

4/5Mountain Crest Acquisition Corp. V (MCAG): Going-concern doubt

Filed 2026-03-16 路 Form 10-K 路 Accession 0001829126-26-002303 nano

Market data

Price before filing: $12.29 (2026-03-13 close, split/dividend-adjusted)
Market cap at flag: $886,392 (2026-03-16) 路 Latest: $957,072 (2026-10-15)

What happened next

WindowMCAGSPYvs SPY
30 days+0.0%+6.0%-6.0%2026-04-15
90 days+8.0%+14.3%-6.3%2026-06-15
180 days+8.0%+15.5%-7.5%2026-09-14

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 2 insiders sold 400,000 shares (2 sales)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-12-30Liu Suying
CEO and CFO, Director, 10% owner
Sale200,000$5.00check filingnoForm 4
2025-12-30Mountain Crest Global Holdings LLC
10% owner
Sale200,000$5.00check filingnoForm 4
2026-03-16: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-12-16 to 2026-04-15. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"These conditions raise substantial doubt about the Company's ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-K (period 2025-12-31)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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