The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -431,161 |
| Interest earned on investments held in trust account | 46,114 |
| Prepaid expenses and deferred expenses | -19,103 |
| Accounts payable and accrued expenses | -77,418 |
| Excise tax payable | -3,401 |
| Income taxes payable | -203,007 |
| Net cash used in operating activities | -741,998 |
| Cash withdrawn from trust account to pay franchise and income taxes | 27,249 |
| Cash withdrawn from trust account in connection with redemption | 335,538 |
| Net cash provided by investing activities | 362,787 |
| Proceeds from promissory note related party | 610,000 |
| Redemption of common stock | 335,538 |
| Net cash provided by (used in) financing activities | 274,462 |
| Net change in cash | -104,749 |
| Cash beginning of period | 116,658 |
| Cash end of period | 11,909 |
Mountain Crest Acquisition Corp. V (MCAGU)
Mountain Crest Acquisition Corp. V (MCAGU)