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Mountain Crest Acquisition V swings to Q2 FY26 net income of $5,178; six-month net loss narrows to $108,797

PUBT·08/14/2026 21:06:02
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Mountain Crest Acquisition V swings to Q2 FY26 net income of $5,178; six-month net loss narrows to $108,797
  • Mountain Crest Acquisition Corp. V swung to net income of USD 5,178 for the quarter ended June 30, 2026, from a net loss of USD 110,574.
  • Operating costs fell to USD 100,890 from USD 120,471, while interest income on Trust Account investments declined to USD 7,506 from USD 12,192.
  • Results included a USD 100,000 gain on extinguishment of liability, while income tax provision eased to USD 1,438 from USD 2,295.
  • For the first half, net loss narrowed to USD 108,797 from USD 291,952, with interest income down to USD 14,898 from USD 24,311.
  • Trust Account investments totaled USD 855,537 at June 30, 2026; management flagged substantial doubt about going concern absent a deal by Nov. 16, 2026.


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: 0001829126-26-008901), on August 14, 2026, and is solely responsible for the information contained therein.