NEW YORK, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Mountain Crest Acquisition Corp. V (Nasdaq: MCAG) (the “Company”) announced today that it has received approval from the Nasdaq Stock Market (“Nasdaq”) to transfer the listing of its securities from the Nasdaq Global Market to the Nasdaq Capital Market. The Company’s common stock, units and rights will continue to trade under the symbols “MCAG,” “MCAGU” and “MCAGR,” respectively and trading of its common stock, units and rights will be unaffected by this transfer.

纽约，2023年10月25日（GLOBE NEWSWIRE）-山冠收购公司V（纳斯达克：MCAG）（“公司”）今天宣布已获得纳斯达克股票市场（“纳斯达克”）的批准，将其证券从纳斯达克全球市场上市至纳斯达克资本市场。本公司的普通股，单位和权利将继续分别以“MCAG”，“MCAGU”和“MCAGR”符号进行交易，其普通股，单位和权利的交易不受此转让的影响。

This transfer will be effective as of the opening of business on October 27, 2023. As previously disclosed, the Company received notifications from Nasdaq indicating the Company failed to comply with certain continued listing requirements for the Nasdaq Global Market. Upon the transfer of the listing of the Company’s securities to the Nasdaq Capital Market on October 27, 2023, each of the deficiencies will be resolved because the Company will no longer be subject to the continued listing requirements for the Nasdaq Global Market.

此转让自2023年10月27日开始生效。如前所述，公司收到纳斯达克的通知，表明该公司未能遵守纳斯达克全球市场的某些持续上市要求。在本公司证券于2023年10月27日上市至纳斯达克资本市场后，每项缺陷将得到解决，因为本公司将不再受纳斯达克全球市场的持续上市要求约束。

About Mountain Crest Acquisition Corp. V Mountain Crest Acquisition Corp. V (Nasdaq: MCAG) is a blank check company formed under the laws of the State of Delaware, for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

关于Mountain Crest Acquisition Corp.V Mountain Crest Acquisition Corp.V（纳斯达克股票代码：MCAG）是根据特拉华州法律成立的空白支票公司，旨在实现合并，股权交换，资产收购，股权购买，重组或与一个或多个业务的类似业务组合。

Non-Solicitation This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, o.

非征集本新闻稿不得构成对任何证券或拟议业务组合的代理，同意或授权的征集。本新闻稿也不构成出售或征求购买任何证券的报价，也不构成在该报价，征求，o的任何州或司法管辖区出售证券。