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mcag: the balance sheet
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Prepaid expenses and
deferred expenses
$36,969
Cash
$41,172
Investments held in trust
account
$1,193,968
Total current assets
$78,141
Total assets
$1,272,109
Accumulated deficit
-$6,024,181
Total liabilities and
stockholders deficit
$1,272,109
Total stockholders
deficit
-$3,802,791
Additional paid-in capital
$2,221,109
Common stock 0.0001 par
value 30,000,000...
$281
Common stock subject to
possible redemption,...
$1,167,872
Total liabilities
$3,907,028
Deferred underwriting
fee payable
$2,070,000
Total current
liabilities
$1,837,028
Promissory note related
party
$1,070,000
Excise taxes payable
$225,426
Income taxes payable
$254,458
Accounts payable and
accrued expenses
$287,144
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Balance Sheet
source: myfinsight.com
Mountain Crest Acquisition Corp. V (MCAG)
Mountain Crest Acquisition Corp. V (MCAG)