MCAGU Mountain Crest Acquisition Corporation V

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

SCHEDULE 13G/A

(Amendment No. 1)*

 

(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO §240.13d-2

 

Mountain Crest Acquisition Corp. V

(Name of Issuer)

 

Common Stock, par value $0.0001 per Share

(Title of Class of Securities)

 

62404B 107
(CUSIP Number)

 

December 31, 2023
(Date of Event which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

☐	Rule 13d-1 (b)

☐	Rule 13d-1 (c)

☒	Rule 13d-1 (d)

 

*	The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

1	NAME OF REPORTING PERSON   Mountain Crest Global Holdings LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION   Delaware
Number of Shares Beneficially Owned by Each Reporting Person		5	Sole Voting Power   2,015,800
		6	Shared Voting Power   -0-
		7	Sole Dispositive Power   2,015,800
		8	Shared Dispositive Power   -0-
9	Aggregate Amount Beneficially Owned by Each Reporting Person   2,015,800
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)   ☐
11	Percent of Class Represented by Amount in Row 9   63.59%
12	TYPE OF REPORTING PERSON*   PN

 

1	NAME OF REPORTING PERSON   Dong Liu
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION   China
Number of Shares Beneficially Owned by Each Reporting Person		5	Sole Voting Power   2,015,800
		6	Shared Voting Power   -0-
		7	Sole Dispositive Power   2,015,800
		8	Shared Dispositive Power   -0-
9	Aggregate Amount Beneficially Owned by Each Reporting Person   2,015,800
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)   ☐
11	Percent of Class Represented by Amount in Row 9   63.59%
12	TYPE OF REPORTING PERSON*   IN

 

Item 1.

 

(a)

Name of Issuer:

Mountain Crest Acquisition Corp. V, a corporation organized under the laws of the State of Delaware (the “Company”)

 

(b)

Address of Issuer’s Principal Executive Offices:

311 West 43rd Street, 12th Floor, New York, NY 10036.

 

Item 2.

 

(a)

Name of Person Filing:

Mountain Crest Global Holdings LLC and Dong Liu. Dong Liu is the sole manager of Mountain Crest Global Holdings LLC.

 

(b)

Address of Principal Business Office or if none, Residence:

 

The address for this entity and individual is:

c/o Dong Liu

311 West 43rd Street, 12th Floor

New York, NY 10036

 

(c)

Citizenship:

Mountain Crest Global Holdings LLC – Delaware Dong Liu – China

 

(d)

Title of Class of Securities:

Common Stock, par value $0.0001 per share

 

(e)

CUSIP Number:

62404B 107

 

Item 3.

Not Applicable

 

Item 4.

Ownership.

 

(a)

Amount Beneficially Owned: 2,015,800

 

(b)

Percent of Class:

 

Mountain Crest Global Holdings LLC and Dong Liu beneficially own 2,015,800 shares of Common Stock. This accounts for 63.59% of the 3,170,221 shares of Common Stock outstanding as of November 20, 2023, as disclosed in the Company’s Form 10-Q filed with the SEC on November 20, 2023. Such amount does not include rights convertible into 22,300 shares of Common Stock at the closing of the Company’s initial business combination.

 

 

(c)

Number of shares as to which such person has:

 

(i)

sole power to vote or to direct the vote:

 

Mountain Crest Global Holdings LLC – 2,015,800 shares

 

Dong Liu – 2,015,800 shares

 

(ii)

shared power to vote or to direct the vote:

 

Mountain Crest Global Holdings LLC – 0 shares

 

Dong Liu – 0 shares

 

(iii)

sole power to dispose or to direct the disposition of:

 

Mountain Crest Global Holdings LLC – 2,015,800 shares

 

Dong Liu – 2,015,800 shares

 

(iv)

shared power to dispose or to direct the disposition of:

 

Mountain Crest Global Holdings LLC – 0 shares

 

Dong Liu – 0 shares

 

Item 5.

Ownership of Five Percent or Less of a Class:   If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [  ]. Not Applicable

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person: Not Applicable

 

Item 7.

Identification and Classification of Subsidiary Which Acquired the Securities: Not Applicable

 

Item 8.

Identification and Classification of Members of the Group: Not Applicable

 

Item 9.

Notice of Dissolution of Group: Not Applicable

 

Item 10.

Certifications: Not Applicable

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

February 14, 2024

 

	MOUNTAIN CREST GLOBAL HOLDINGS LLC
	By:	/s/ Dong Liu
		Name:	Dong Liu
		Title:	Authorized Signatory

 

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