The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -66,479 | -291,952 |
| Interest earned on investments held in trust account | 12,345 | 24,311 |
| Interest expense | - | 0 |
| Prepaid expenses and deferred expenses | -25,951 | 22,799 |
| Accounts payable and accrued expenses | -103,670 | 42,419 |
| Excise tax payable | 12,969 | 14,765 |
| Forgiveness of debt | - | 0 |
| Income taxes payable | 9,425 | -39,459 |
| Net cash used in operating activities | -134,149 | -321,337 |
| Investment of cash into trust account | - | 0 |
| Net cash used in investing activities | - | 0 |
| Repayment of promissory note | - | 0 |
| Proceeds from promissory note related party | 150,000 | 230,000 |
| Net cash provided by financing activities | 150,000 | 230,000 |
| Net change in cash | 15,851 | -91,337 |
| Cash and cash equivalents at beginning of period | 116,658 | - |
| Cash and cash equivalents at end of period | 41,172 | - |
Mountain Crest Acquisition Corp. V (MCAGR)
Mountain Crest Acquisition Corp. V (MCAGR)