Home / Going-concern warnings / Mountain Crest Acquisition Corp. V
Filed 2025-04-01 路 Form 10-K 路 Accession 0001829126-25-002289 nano
Price before filing: $11.3 (2025-03-31 close, split/dividend-adjusted)
Market cap at flag: $1.1M (2025-04-01) 路 Latest: $957,072 (2026-10-15)
| Window | MCAG | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -1.3% | -0.2% | -1.2% | 2025-05-01 |
| 90 days | -2.7% | +10.8% | -13.4% | 2025-06-30 |
| 180 days | +2.2% | +19.3% | -17.1% | 2025-09-29 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 2 insiders sold 200,000 shares (2 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-02-17 | Liu Suying CEO and CFO, Director, 10% owner | Sale | 100,000 | $7.00 | check filing | no | Form 4 |
| 2025-02-17 | Mountain Crest Global Holdings LLC 10% owner | Sale | 100,000 | $7.00 | check filing | no | Form 4 |
| 2025-04-01: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-01 to 2025-05-01. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"These conditions raise substantial doubt about the Company's ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-K (period 2024-12-31)
Why this score: also within 90 days: Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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