Dong Liu - 08 Jul 2024 Form 4 Insider Report for Mountain Crest Acquisition Corp. V (MCAG)

Role
10%+ Owner
Signature
By: /s/ Dong Liu Name: Dong Liu Title: Manager
Issuer symbol
MCAG
Transactions as of
08 Jul 2024
Net transactions value
$0
Form type
4
Filing time
10 Jul 2024, 21:48:15 UTC
Previous filing
28 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCAG Common Stock Other -2,165,800 -100% 0 08 Jul 2024 See Footnote F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MCAG Rights to purchase Common Stock Other -223,000 -100% 0 08 Jul 2024 Common Stock 22,300 $0.000000 See Footnote F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock are held by Mountain Crest Global Holdings LLC. On July 08, 2024, Mr. Dong Liu ceased to be the manager of Mountain Crest Global Holdings LLC and therefore no longer has any voting or dispositive control over the shares of common stock held by Mountain Crest Global Holdings LLC.
F2 On July 08, 2024, Mr. Dong Liu ceased to be the manager of Mountain Crest Global Holdings LLC and therefore no longer has any voting or dispositive control over the shares of common stock held by Mountain Crest Global Holdings LLC.
F3 The rights automatically convert into one-tenth (1/10) of a share of common stock upon the consummation of the issuer's initial business combination, as described in the issuer's prospectus filed with the SEC.
F4 The rights are held by Mountain Crest Global Holdings LLC. On July 08, 2024, Mr. Dong Liu ceased to be the manager of Mountain Crest Global Holdings LLC and therefore no longer has any voting or dispositive control over the rights held by Mountain Crest Global Holdings LLC.