Mountain Crest Acquisition Corp. V FY2025 net loss rises 15.14% to USD 431,161

Reuters03-16
<a href="https://laohu8.com/S/MCAG">Mountain Crest Acquisition Corp. V</a> FY2025 net loss rises 15.14% to USD 431,161

Mountain Crest Acquisition published its annual report on Form 10-K for FY 2025, reporting a net loss of USD 431,161. Operating costs rose 24.1% to USD 471,782, while interest income on investments held in the trust account fell 82.6% to USD 46,114. The company said it had USD 0.84 million of investments held in the trust account and USD 11,909 of cash held outside the trust account as of Dec. 31, 2025. Mountain Crest said it has not generated any revenues to date and continues to pursue a proposed business combination with CubeBio, while noting it has until Nov. 16, 2026 to consummate a deal subject to required trust deposits for extensions.

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