Mountain Crest Holdings 6 LLC 4

What Happened Mountain Crest Holdings 6 LLC, a 10% owner of Mountain Crest Acquisition 6 Corp. (MCAH), disposed of 385,714 ordinary shares on 2026-06-24. The filing reports the transaction as an "other acquisition or disposition" (code J) with no cash proceeds (price/value N/A). A footnote clarifies this was a forfeiture for no consideration of the full block of founder shares that had been subject to forfeiture.

Key Details

• Transaction date: 2026-06-24 (reported on Form 4 filed 2026-06-25). Filing appears timely.
• Shares involved: 385,714 ordinary shares forfeited; price/value: N/A (no consideration).
• Shares owned after transaction: The forfeited shares were the full 385,714 founder shares that were subject to forfeiture—those specific founder shares no longer remain; the filing does not detail other holdings.
• Footnote: Forfeiture occurred because the underwriters of the IPO did not exercise their over‑ allotment option.
• Transaction code: J (other acquisition/disposition) with explanatory footnote F1.

Context This was not an open‑market sale or a cash transaction—it's a forfeiture of founder shares tied to IPO mechanics (over‑allotment not exercised). As a 10% owner entity (Mountain Crest Holdings 6 LLC), this is an institutional/founder action rather than trading by an individual executive and does not necessarily signal market sentiment.