Mountain Crest Acquisition 6 Corp. Announces Closing of $60 Million Initial Public Offering

Rhea-AI Summary

Mountain Crest Acquisition 6 Corp (NASDAQ:MCAHU) closed a $60.0 million initial public offering of 6,000,000 units at $10.00 per unit on May 1, 2026. Each unit contains one ordinary share and one right; each right converts to one-fourth of an ordinary share upon a business combination.

The units began trading on Nasdaq April 30, 2026. The underwriter has a 45-day option to purchase up to 900,000 additional units to cover over-allotments. A Form S-1 registration statement (File No. 333-294891) was declared effective April 29, 2026.

Positive

• Proceeds of $60.0 million from initial public offering
• Units began trading on Nasdaq (MCAHU) April 30, 2026
• Underwriter overallotment option up to 900,000 units (15%)

Negative

• Units include rights that convert to shares, creating potential post-combination dilution
• Company is a blank-check vehicle with no identified business combination at closing

News Market Reaction – MCAHU

-0.15%

-0.15% Session close to close

In the May 4 session, MCAHU declined 0.15%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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NEW YORK, May 01, 2026 (GLOBE NEWSWIRE) -- Mountain Crest Acquisition 6 Corp. (the “Company”), a blank check company incorporated as a British Virgin Islands business company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses, today announced the closing of its previously announced initial public offering of 6,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one ordinary share and one right. Each right entitles the holder to receive one-fourth (1/4) of one ordinary share upon consummation of the Company’s initial business combination. The units began trading on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “MCAHU” on April 30, 2026. Once the securities comprising the units begin separate trading, the ordinary shares and rights are expected to trade on Nasdaq under the symbols “MCAH” and “MCAHR,” respectively.

D. Boral Capital LLC acted as the sole book-running manager for the offering.

The Company has granted the underwriter a 45-day option to purchase up to 900,000 additional units at the initial public offering price less the underwriting discount to cover over-allotments, if any.

A registration statement on Form S-1 (File No. 333-294891) (the “Registration Statement”) relating to the securities to be sold in the initial public offering, as amended, was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on April 29, 2026. The offering was made only by means of a prospectus. When available, copies of the prospectus relating to this offering may be obtained from D. Boral Capital LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, by telephone at (212) 970-5150, by email at dbccapitalmarkets@dboralcapital.com, or by accessing the SEC’s website, www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Mountain Crest Acquisition 6 Corp.

Mountain Crest Acquisition 6 Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the anticipated use of the net proceeds and search for an initial business combination. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and related prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact Information – Mountain Crest Acquisition 6 Corp., Dr. Suying Liu, Chairman, CEO and CFO, 524 Broadway, 11th Floor, New York, NY 10012, (646) 493-6558

FAQ

What did Mountain Crest Acquisition 6 Corp (MCAHU) raise in its IPO on May 1, 2026?

The company raised $60.0 million from an IPO of 6,000,000 units at $10.00 per unit. According to the company, the offering closed May 1, 2026, after Form S-1 was declared effective April 29, 2026.

What does each MCAHU unit include and how do the rights convert after a business combination?

Each unit includes one ordinary share and one right; each right converts to one-fourth of a share upon a business combination. According to the company, conversion occurs upon consummation of the initial business combination.

When did MCAHU start trading on Nasdaq and what will the separate tickers be?

Units began trading on Nasdaq under MCAHU on April 30, 2026. According to the company, ordinary shares and rights are expected to trade as MCAH and MCAHR once separated.

Does the MCAHU offering include an overallotment option and how large is it?

Yes. The underwriter was granted a 45-day option to buy up to 900,000 additional units at the IPO price less discount. According to the company, this covers potential over-allotments and equals 15% of the base offering.

What regulatory filings and disclosures relate to the MCAHU IPO?

A Form S-1 registration statement (File No. 333-294891) was declared effective April 29, 2026. According to the company, the offering was made only by means of a prospectus available from the underwriter or the SEC website.