Mountain Crest V Sets Nov 10 Vote to Extend SPAC Deadline to May 2027
MCAGR is trading near its 52-week low of $0.06 (17% below the low).
Summary
Mountain Crest V filed its definitive proxy for a November 10 vote to extend its SPAC deadline to May 16, 2027, with a CubeBio merger vote scheduled the following day. Trust account holds $861,864 (~$11.95/share redemption value) versus a $0.05 stock price.
Key Events · Corporate Governance and Compliance · MCAGR
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Extension Vote Set for Nov 10
Special meeting scheduled for November 10, 2026 to extend the business combination deadline from November 16, 2026 to May 16, 2027.
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CubeBio Merger Vote Nov 11
Separate business combination meeting scheduled for November 11, 2026 — one day after the extension vote — to approve the CubeBio merger.
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Trust Account at $861,864
Trust account held approximately $861,864 as of September 14, 2026, implying a redemption price of about $11.95 per share before taxes.
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Liquidation Risk if Extension Fails
If the extension is not approved and no business combination closes by November 16, 2026, the company will liquidate and redeem 100% of public shares.
Analysis · MCAGR · Industrial Applications And Services
Mountain Crest Acquisition Corp. V has filed its definitive proxy for a November 10, 2026 special meeting to extend its business combination deadline from November 16, 2026 to May 16, 2027. The SPAC is racing to complete its merger with CubeBio — a separate business combination vote is scheduled for November 11, 2026, just one day after the extension vote. The trust account holds only $861,864, implying a redemption price of about $11.95 per share, while the stock trades at $0.05 on the OTC market. If the extension fails and the CubeBio deal does not close by November 16, the company will liquidate and public shareholders will receive the trust proceeds, but the sponsor's 1.7 million founder shares and $1.55 million in loans would be wiped out. The sponsor has strong incentive to push the extension through.
How filings like this one have moved
In the 30 days to Oct 14, 2026, 28.8% of the 1461 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.47%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MCAGR was trading at $0.05 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $38.1M. The 52-week trading range was $0.06 to $0.07. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.