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Mountain Crest Acquisition Corp V  (MCAG)
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    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $11.0500 $-0.01 -0.090%
Day's High: $11.05 Week Perf: -1.16 %
Day's Low: $ 11.05 30 Day Perf: 3.17 %
Volume (M): 1 52 Wk High: $ 11.37
Volume (M$): $ 6 52 Wk Avg: $10.81
Open: $11.05 52 Wk Low: $10.47



 Market Capitalization (Millions $) 31
 Shares Outstanding (Millions) 3
 Employees -
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Mountain Crest Acquisition Corp V
Mountain Crest Acquisition Corp V is a special purpose acquisition company (SPAC) that was formed for the purpose of acquiring or merging with one or more businesses. It has been created in order to raise capital through an initial public offering (IPO) and then use that capital to identify and acquire a target company. Mountain Crest Acquisition Corp V is likely to focus on companies operating in a specific industry or sector, but the specific details of its target are not known at this time. The SPAC is led by a team of experienced professionals who will be responsible for identifying and negotiating the acquisition, as well as guiding the merged entity post-acquisition. Overall, the purpose of Mountain Crest Acquisition Corp V is to facilitate the acquisition of a target company and provide investors an opportunity to potentially profit from the future growth and success of that company.


   Company Address: 311 West 43rd Street New York 10036 NY
   Company Phone Number: 493-6558   Stock Exchange / Ticker: NASDAQ MCAG


   

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Compliance Issues and Regulatory Notices Spotlight Challenges for Mountain Crest Acquisition Corp. V Amidst Market Movements

Published Wed, Sep 18 2024 8:31 PM UTC

Mountain Crest Acquisition Corp. V Faces Nasdaq Compliance Hurdles While Market RespondsIn a recent development that could significantly impact shareholders, Mountain Crest Acquisition Corp. V (NASDAQ: MCAG) announced that it received an expected deficiency notification from The Nasdaq Stock Market LLC on September 13, 2024. The notification revolves around the company?s non...

Mountain Crest Acquisition Corp V

Mountain Crest Acquisition Corp V Reports Revenue Decline in Q1 2024 Amid Strategic Merger with CUBEBIO

Mountain Crest Acquisition Corp V Reports Mixed Financial Results Amid Strategic Merger with CUBEBIO: A Look Ahead for Investors
nInvestors Anticipate Potential Growth in Cancer Diagnostics Sectorn
For the financial period ending March 31, 2024, Mountain Crest Acquisition Corp V (Nasdaq: MCAG) reported a net loss per share of $-0.04, a notable improvement from a loss of $-0.12 per share during the same period last year. While this reflects a positive shift year-over-year, it also marks an increase in shortfall from the prior reporting period, where the loss was recorded at $-0.03 per share. Furthermore, the company?s revenue took a significant hit, plummeting by 66.15% to $0.07 million compared to $0.22 million in the previous year. However, there was a slight sequential recovery, with revenue increasing by 0.363% from $0.07 million in the prior quarter.
Despite these challenges, Mountain Crest reported a net shortfall of $-0.026 million, a reduction from the deficit of $-0.043 million in the comparable reporting period a year ago. This improvement, albeit modest, indicates the company?s efforts to streamline operations as it prepares to launch into a new growth phase following a strategic merger.

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CUBEBIOs Bold Move Transforming Cancer Diagnosis as It Takes Nasdaq by Storm,

Published Thu, Aug 29 2024 10:01 PM UTC

'CUBEBIO and Mountain Crest V: Pioneering the Future of Cancer Detection on Nasdaq'In a notable development in the world of health technology and capital markets, CUBEBIO Co., Ltd., a pioneering South Korean company focused on innovative cancer diagnostics, has inked a business combination agreement with Mountain Crest Acquisition Corp. V, a Special Purpose Acquisition Compa...

Partnership

Mountain Crest Acquisition Corp. on its Fifth SPAC Deal, Asks CUBEBIO to Publicly List its Innovative Cancer-Detection Technology

Published Thu, May 2 2024 1:01 PM UTC

Mountain Crest Acquisition Corp V (Mountain Crest V), a Delaware Corporation and a Nasaq-listed Special Purpose Acquisition Company (SPAC), has entered a path-breaking business combination plan with CUBEBIO Co., Ltd. (CUBEBIO), a Korean company known for its ground-breaking technology in diagnosing early-stage cancer using urine samples. This proposed business association, a...

Mountain Crest Acquisition Corp V

Mountain Crest Acquisition Corp V Faces a Pivotal Fiscal Phase throughout the Financial Third Quarter of 2023

Mountain Crest Acquisition Corp V, a prominent corporation in the financial industry, recently released its financial report for the period ending on September 30, 2023. Unfortunately, the report showcased dismal performance, with the company experiencing a significant decline in revenue and an increase in net deficit per share compared to the previous years.
During the third quarter of 2023, Mountain Crest Acquisition Corp V witnessed a staggering 77.018% decrease in its revenue, amounting to a mere $0.07 million. In comparison to the same quarter of the previous year, this decline is particularly alarming. Additionally, the net deficit per share for the company soared to $-0.72 from the previous quarter, where it stood at $-0.19 per share. This showcases a substantial increase in net losses, further highlighting the declining financial health of the corporation.







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