SPAC Seeks Sixth Extension to May 2027 as CubeBio Deal Nears Vote
MCAGR filed a Corporate Governance and Compliance on light trading volume (0.2× avg).
Summary
Mountain Crest Acquisition Corp. V seeks shareholder approval to extend its business combination deadline to May 16, 2027, as it works to complete its pending merger with CubeBio. A separate vote on the merger is set for October 29, 2026.
Key Events · Corporate Governance and Compliance · MCAGR
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Sixth Extension Proposal
Shareholders will vote on November 10, 2026 to extend the business combination deadline from November 16, 2026 to May 16, 2027.
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CubeBio Merger Vote Set
A separate special meeting to approve the CubeBio business combination is scheduled for October 29, 2026, with the F-4 registration statement declared effective September 30, 2026.
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Trust Account and Redemption
Trust account held approximately $861,864 as of September 14, 2026, with an estimated redemption price of $11.95 per share versus a last OTC closing price of $13.27.
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Liquidation Risk
If the extension fails and no merger closes by November 16, 2026, the company will liquidate and redeem 100% of outstanding public shares.
Analysis · MCAGR · Industrial Applications And Services
Mountain Crest Acquisition Corp. V is asking shareholders to approve its sixth extension of the deadline to complete a business combination, pushing it from November 16, 2026 to May 16, 2027. The company has a pending merger with CubeBio Co., Ltd., with a separate shareholder vote scheduled for October 29, 2026. The trust account holds only about $861,864, and the estimated redemption price is $11.95 per share, while the stock last traded at $13.27 on the OTC market. If the extension fails and the merger does not close by November 16, the company will liquidate and public shareholders will receive their pro rata share of the trust. The sponsor and insiders stand to lose approximately $29.37 million if the deal collapses, creating strong alignment for approval.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1625 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.52%. 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 $0.03 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $38.1M. The 52-week trading range was $0.00 to $0.38. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.