Every Form 4 that Mountain Crest Acquisition 6 Corp. Units (MCAHU) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow MCAHU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MCAHU filings page.
Mountain Crest Acquisition 6 Corp. reported an internal restructuring transaction involving its sponsor’s founder shares. An entity controlled by CEO and CFO Dr. Suying Liu, Mountain Crest Holdings 6 LLC, forfeited 385,714 ordinary shares for no consideration after the underwriters of the company’s initial public offering did not exercise their over-allotment option.
These 385,714 shares represented all founder shares that were subject to forfeiture depending on the extent of over-allotment exercise. Following this adjustment, 2,596,429 ordinary shares are reported as indirectly held. Dr. Liu may be deemed to share beneficial ownership through the LLC but disclaims beneficial ownership beyond any pecuniary interest.
Mountain Crest Holdings 6 LLC, a major shareholder of Mountain Crest Acquisition 6 Corp., forfeited 385,714 ordinary shares for no consideration. These were founder shares that were subject to forfeiture because the underwriters of the company’s initial public offering did not exercise their over-allotment option. After this adjustment, the reporting holder owns 2,596,429 ordinary shares.
Mountain Crest Acquisition 6 Corp. reported an insider-related open-market purchase carried out through an entity controlled by CEO and CFO Dr. Suying Liu. The entity acquired 25,000 ordinary shares at $10.00 per share and 25,000 rights as part of units.
Each right automatically converts into one-fourth of one ordinary share upon completion of the company’s initial business combination, according to its prospectus. Following these transactions, the indirect holdings reported were 2,982,143 ordinary shares and 25,000 rights. Dr. Liu disclaims beneficial ownership of the reported securities beyond any pecuniary interest.