MCAF SEC filings, in plain English
Everything Mountain Crest Acquisition Corp. IV has filed with the SEC that we hold — 40 filings, newest first, 1 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
- What changed vs 2023-06-02deadline 2024-01-02 → 2024-07-02
combination deadline, outside date1 moved · 1 with no prior record of ours
- Combination deadline
- 2024-01-022024-07-02
- Outside date
- 2023-07-02 · unchanged
SpacBrain reads this as 182 days later than the previous record.
The clause …“full as follows: “E. In the event that the Corporation does not consummate a Business Combination by July 2, 2024 (such date actually extended being referred to as or, in each case if the Office of the Delaware Division of Corporations”…
The clause …“Company; (vi) in the event CH AUTO funds the initial payment of the Loan, the Outside Date shall be extended from May 15, 2023 to July 2, 2023, (viii) revised the timing, steps and procedure for the Reorganization and (ix) permitted CH”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- 2023-07-02 · unchanged
The clause …“Company; (vi) in the event CH AUTO funds the initial payment of the Loan, the Outside Date shall be extended from May 15, 2023 to July 2, 2023, (viii) revised the timing, steps and procedure for the Reorganization and (ix) permitted CH”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
trust account, combination deadline, going-concern doubt +1nothing moved · 4 with no prior record of ours
- Trust account
- $57.5M · unchanged
- Combination deadline
- 2024-01-02 · unchanged
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 1.51M · unchanged
The clause “7,500,000 was deposited into the Trust Account, bringing the aggregate proceeds held in the Trust Account to $ 57,500,000 . Transaction costs amounted to $ 4,773,824 consisting of $ 1,150,000 of underwriting fees, $ 2,012,500 of deferred”…
The clause …“the Trust Fund to extend the Business Combination Period from July 2, 2023 to January 2, 2024. Accordingly, the SPAC now has until January 2, 2024, to complete its initial business combination. SPAC Support Agreement Contemporaneously”…
The clause “14-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” management has determined that if the Company is unable to complete a Business Combination by July 2, 2023, then the Company may cease all”…
The clause “0,000,000 shares authorized; 1,807,500 shares issued and outstanding (excluding 1,506,991 and 3,317,480 shares subject to possible redemption as of September 30, 2023 and December 31, 2022, respectively) 181 181 Additional paid-in capital”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- 2023-07-02 · unchanged
The clause …“Company; (vi) in the event CH AUTO funds the initial payment of the Loan, the Outside Date shall be extended from May 15, 2023 to July 2, 2023, (viii) revised the timing, steps and procedure for the Reorganization and (ix) permitted CH”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- 2023-07-02 · unchanged
The clause …“Company; (vi) in the event CH AUTO funds the initial payment of the Loan, the Outside Date shall be extended from May 15, 2023 to July 2, 2023, (viii) revised the timing, steps and procedure for the Reorganization and (ix) permitted CH”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Mountain Crest Acquisition Corp. IV set a virtual special meeting for October 30, 2023 at 10:30 a.m. Eastern to approve its merger agreement, amended and restated December 23, 2022 and further amended March 1, 2023, with CH AUTO Inc. as Pubco. CH AUTO holders would receive 89,096,171 Pubco shares, about 92.0% of the shares then issued and 98.5% of total voting power assuming minimum redemption. Aggregate stock consideration of 62,872,482 Class A and 30,182,930 Class B Pubco shares is struck at a deemed $10.00 per share. Why it matters: CH AUTO's holders end up with 92.0% of the shares and 98.5% of the voting power even in the minimum redemption case, so MCAF's public shareholders are reduced to a voiceless sliver of a Chinese electric vehicle company. Two prior redemption rounds have already taken $43.1 million out of the trust, leaving little cash to bring to the deal, and the $10.00 deemed price values Pubco stock at the SPAC's deposit level rather than at any market-tested figure. Redeeming for trust value is the only exit at a price anyone has actually paid.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- 2023-07-02 · unchanged
The clause …“Company; (vi) in the event CH Auto funds the initial payment of the Loan, the Outside Date shall be extended from May 15, 2023 to July 2, 2023, (viii) revised the timing, steps and procedure for the Reorganization and (ix) permitted CH”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2023-05-12deadline 2023-07-02 → 2024-01-02shares 3.32M → 1.51M -55%
combination deadline, redeemable shares, trust account +12 moved · 2 with no prior record of ours
- Combination deadline
- 2023-07-022024-01-02
- Redeemable shares
- 3.32M1.51M
- Trust account
- $57.5M · unchanged
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as 184 days later than the previous record.
The clause …“the Trust Fund to extend the Business Combination Period from July 2, 2023 to January 2, 2024. Accordingly, the SPAC now has until January 2, 2024, to complete its initial business combination. SPAC Support Agreement Contemporaneously”…
SpacBrain reads this as 1,810,489 shares are no longer redeemable.
The clause “0,000,000 shares authorized; 1,807,500 shares issued and outstanding (excluding 1,506,991 and 3,317,480 shares subject to possible redemption as of June 30, 2023 and December 31, 2022, respectively) 181 181 Additional paid-in capital - -”…
The clause “7,500,000 was deposited into the Trust Account, bringing the aggregate proceeds held in the Trust Account to $ 57,500,000 . Transaction costs amounted to $ 4,773,824 consisting of $ 1,150,000 of underwriting fees, $ 2,012,500 of deferred”…
The clause “14-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” management has determined that if the Company is unable to complete a Business Combination by July 2, 2023, then the Company may cease all”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2022-11-25deadline 2023-07-02 → 2024-01-02
combination deadline, outside date1 moved · 1 with no prior record of ours
- Combination deadline
- 2023-07-022024-01-02
- Outside date
- 2023-07-02 · unchanged
SpacBrain reads this as 184 days later than the previous record.
The clause …“full as follows: “E. In the event that the Corporation does not consummate a Business Combination by January 2, 2024 (such date actually extended being referred to as or, in each case if the Office of the Delaware Division of”…
The clause …“Company; (vi) in the event CH AUTO funds the initial payment of the Loan, the Outside Date shall be extended from May 15, 2023 to July 2, 2023, (viii) revised the timing, steps and procedure for the Reorganization and (ix) permitted CH”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
outside date1 moved
- Outside date
- 2023-05-152023-07-02
SpacBrain reads this as 48 days later than the previous record.
The clause …“Company; (vi) in the event CH AUTO funds the initial payment of the Loan, the Outside Date shall be extended from May 15, 2023 to July 2, 2023, (viii) revised the timing, steps and procedure for the Reorganization and (ix) permitted CH”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2022-11-14trust $57.8M → $57.5M -1%deadline 2023-01-02 → 2023-07-02shares 5.75M → 3.32M -42%
trust account, combination deadline, redeemable shares +13 moved · 1 with no prior record of ours
- Trust account
- $57.8M$57.5M
- Combination deadline
- 2023-01-022023-07-02
- Redeemable shares
- 5.75M3.32M
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as $297,621 left the trust between the two filings.
The clause “7,500,000 was deposited into the Trust Account, bringing the aggregate proceeds held in the Trust Account to $ 57,500,000 . Transaction costs amounted to $ 4,773,824 consisting of $ 1,150,000 of underwriting fees, $ 2,012,500 of deferred”…
SpacBrain reads this as 181 days later than the previous record.
The clause “Concern,” management has determined that if the Company is unable to complete a Business Combination by July 2, 2023, then the Company may cease all operations except for the purpose of liquidating. The liquidity condition, liquidation”…
SpacBrain reads this as 2,432,520 shares are no longer redeemable.
The clause …“issued and outstanding as of March 31, 2023 and December 31, 2022 (excluding 3,317,480 shares subject to possible redemption) 181 181 Additional paid-in capital - - Accumulated deficit ( 3,406,397 ) ( 2,898,139 ) Total Stockholders’”…
The clause “14-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” management has determined that if the Company is unable to complete a Business Combination by July 2, 2023, then the Company may cease all”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2022-03-31deadline 2022-07-02 → 2023-07-02shares 5.75M → 3.32M -42%
combination deadline, redeemable shares, trust account +22 moved · 3 with no prior record of ours
- Combination deadline
- 2022-07-022023-07-02
- Redeemable shares
- 5.75M3.32M
- Trust account
- $57.5M · unchanged
- Going-concern doubt
- stated · unchanged
- Mandate language
- We intend to focus our efforts on evaluating business combin… · unchanged
SpacBrain reads this as 365 days later than the previous record.
The clause …“Company to consummate its initial business combination from April 2, 2023 to July 2, 2023. F-”…
SpacBrain reads this as 2,432,520 shares are no longer redeemable.
The clause “7,500 shares issued and outstanding as of December 31, 2022 and 2021 (excluding 3,317,480 shares subject to possible redemption) 181 181 Additional paid-in capital - - Accumulated deficit ( 2,898,139 ) ( 1,695,036 ) Total Stockholders’”…
The clause …“Trust Account to pay franchise and income taxes. At December 31, 2021, assets held in the Trust Account were comprised of $ 57,501,914 in a mutual fund that is invested primarily in U.S. Treasury Securities. Through December 31, 2021,”…
The clause …“a Business Combination not occur, and potential subsequent dissolution raises substantial doubt about our ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities should we”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
outside date1 moved
- Outside date
- 2023-05-152023-07-02
SpacBrain reads this as 48 days later than the previous record.
The clause …“Company; (vi) in the event CH AUTO funds the initial payment of the Loan, the Outside Date shall be extended from May 15, 2023 to July 2, 2023, (viii) revised the timing, steps and procedure for the Reorganization and (ix) permitted CH”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- 2023-07-02 · unchanged
The clause …“Company; (vi) in the event CH AUTO funds the initial payment of the Loan, the Outside Date shall be extended from May 15, 2023 to July 2, 2023, (viii) revised the timing, steps and procedure for the Reorganization and (ix) permitted CH”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.