Home/Filings/4/0001829126-24-002732
4//SEC Filing

Liu Dong 4

Accession 0001829126-24-002732

CIK 0001859035other

Filed

Apr 22, 8:00 PM ET

Accepted

Apr 23, 9:30 PM ET

Size

7.5 KB

Accession

0001829126-24-002732

Insider Transaction Report

Form 4
Period: 2024-04-20
Transactions
  • Other

    Common Stock

    2024-04-20+150,0002,165,800 total
Liu Dong
10% Owner
Transactions
  • Other

    Common Stock

    2024-04-20+150,0002,165,800 total
Footnotes (2)
  • [F1]On October 30, 2023, Mountain Crest Acquisition Corp. V (the "Company") issued a non-interest bearing, unsecured promissory note in the aggregate principal amount of upto $400,000 to the Reporting Person. On April 3, 2024, the Company issued a non-interest bearing, unsecured promissory note in the aggregate principal amount of upto $300,000 to the Reporting Person. As of April 15, 2024, the principal amount outstanding under the notes is $600,000. On April 19, 2024, as approved by the Company's audit committee, the Company entered into a note conversion agreement (the "Note Conversion Agreement") with the Reporting Person, to convert the principal amount of the Note into 150,000 shares of the Company's Common Stock at $4:00 per share. On April 20, 2024, the Company issued 150,000 shares to the Reporting Person in satisfaction of the notes.
  • [F2]The Shares are owned by Mountain Crest Global Holdings LLC, and Dong Liu, the sole manager of Mountain Crest Global Holdings LLC, has sole voting and dispositive power over the shares owned by Mountain Crest Global Holdings LLC.

Issuer

Mountain Crest Acquisition Corp. V

CIK 0001859035

Entity typeother

Related Parties

1
  • filerCIK 0001813729

Filing Metadata

Form type
4
Filed
Apr 22, 8:00 PM ET
Accepted
Apr 23, 9:30 PM ET
Size
7.5 KB