Mountain Crest Acquisition Corp. V Announces Closing of $60 Million Initial Public Offering

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Nov 16, 2021

NEW YORK, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Mountain Crest Acquisition Corp. V (NASDAQ: MCAGU, the “Company”) announced today that it closed its initial public offering of 6,000,000 units at $10.00 per unit. Each unit consists of one share of common stock and one right to receive one-tenth of one share of common stock upon the consummation of an initial business combination.