• Mountain Crest Acquisition Corp. V posted a net loss of $113,975 for the quarter ended March 31, 2026, narrowing from a net loss of $181,378 a year earlier.
• Interest income on investments held in the trust account fell to $7,392 from $12,119, while operating costs dropped to $120,046 from $191,225.
• Cash held outside the trust account was $97,101 as of March 31, 2026, with investments held in the trust account at $848,031.
• Sponsor promissory note balances included $500,000 outstanding under the August 2024 Note and $500,000 under the April 2025 Note, with $250,000 drawn under the December 2025 Note.
• Management said it has until Nov. 16, 2026 to consummate a business combination, with substantial doubt raised about its ability to continue as a going concern if no deal closes by that date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mountain Crest Acquisition Corp. V published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-005264), on May 15, 2026, and is solely responsible for the information contained therein.