Mountain Crest Acquisition Corp. IV: insider trades · United States · SEC (Form 4)

About Mountain Crest Acquisition Corp. IV

Mountain Crest Acquisition Corp. IV is a special purpose acquisition company (SPAC), meaning it was created to pursue a merger, share exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses. It is a United States-listed vehicle that traded on NASDAQ under the symbol MCAFU. For investors, that distinction matters: Mountain Crest IV was not a conventional operating company with recurring product sales, but a public acquisition platform designed to bring a private business to market through a de-SPAC transaction. ([mcacquisition.com](https://www.mcacquisition.com/Mountain-Crest-IV-/News-Details/2021/Mountain-Crest-Acquisition-Corp.-IV-Announces-that-Common-Stock-and-Rights-to-Commence-Separate-Trading-on-or-about-July-28-2021/default.aspx?utm_source=openai)) According to its SEC filings, the company was formed for the purpose of identifying and completing a business combination with an as-yet unidentified target. Its disclosures describe a structure built to source deals through relationships in venture capital, private equity, and investment banking, which is typical for a sponsor-led SPAC. In other words, the company’s “business” was transaction origination and execution rather than manufacturing, software development, retail, or services in the traditional sense. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1859035/000182912623002516/mountaincrest5_10k.htm?utm_source=openai)) From a competitive standpoint, Mountain Crest IV operated in the crowded U.S. SPAC market, where success depends less on product differentiation and more on sponsor credibility, access to target companies, valuation discipline, and the ability to secure shareholder approval. Its market position was therefore tied to its capital structure, deal pipeline, and the quality of any announced transaction. Like many SPACs, its value proposition was essentially binary: complete a credible business combination or remain a cash-backed shell facing redemption, extension, or liquidation risk. ([mcacquisition.com](https://www.mcacquisition.com/home/default.aspx?utm_source=openai)) A major milestone in the company’s history was the April 30, 2022 merger agreement with CH-AUTO TECHNOLOGY CORPORATION LTD., alongside CH Auto Inc., a Cayman Islands entity, and a Delaware merger subsidiary. SEC filings show that the parties intended to structure a de-SPAC transaction that would ultimately facilitate a public listing on NASDAQ. That transaction is the clearest indicator of Mountain Crest IV’s intended role: to serve as the listed vehicle through which an operating company could access public equity markets in the United States. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1853774/000182912623007598/mountaincrest4_8k.htm?utm_source=openai)) For a French, Belgian, or Swiss audience, Mountain Crest IV should be viewed primarily as an event-driven capital markets name rather than a sectoral operating company. Its geographic footprint is anchored in the United States as a NASDAQ-listed issuer, while the underlying merger counterparties included offshore and China-linked entities in the disclosed transaction. Recent SEC materials remain focused on the company’s filings, the merger process, and subsequent regulatory history, reinforcing that the relevant investment analysis is centered on corporate actions, disclosure quality, and insider transaction monitoring through Form 4 filings rather than on revenues, margins, or product launches. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1853774/000182912623007598/mountaincrest4_8k.htm?utm_source=openai))