{"url_path":"/sec/mcah/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds.**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-06-01","source_url":"https://www.sec.gov/Archives/edgar/data/2109876/0001829126-26-005916-index.html","accession_number":"0001829126-26-005916","cik":"0002109876","ticker":"MCAH","issuer_name":"Mountain Crest Acquisition 6 Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2109876/0001829126-26-005916-index.html","primary_entity_key":"0002109876","primary_entity_name":"Mountain Crest Acquisition 6 Corp."},"word_count":445,"has_tables":true,"body_markdown":"**Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.**\n\n \n\nOn January 12, 2026, the Company issued to the Sponsor 2,957,143 shares of ordinary shares with $0.0001 par value (the “Founder Shares”) for an aggregated consideration of $25,000, or approximately $0.0085 per share, which includes an aggregate of up to 385,714 shares are subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters. The foregoing issuance was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.\n\n \n\nOn May 1, 2026, we consummated the Initial Public Offering of 6,000,000 Units at $10.00 per Unit, generating gross proceeds of $60,000,000. Each Unit consists of one ordinary share with $0.0001 par value and one Public Right. Each Public Right entitles the holder thereof to receive one-fourth (1/4) of one ordinary share upon the consummation of the Company’s initial Business Combination. The Company will not issue fractional shares upon conversion of the Public Rights. The securities sold in the Initial Public Offering were registered under the Securities Act on registration statement on Form S-1 (File No. 333-294891). The SEC declared the registration statement effective on April 29, 2026.\n\n \n\nSimultaneously with the closing of the Initial Public Offering, the Sponsor and D. Boral purchased an aggregate of 90,000 Private Placement Units, at a purchase price of $10.00 per Private Placement Unit, in a private placement. Each Private Placement Unit consists of one ordinary share and one Private Placement Right. Of those 90,000 Private Placement Units, the Sponsor purchased 25,000 Private Placement Units with gross proceeds of $250,000 and the Company paid the portion of the underwriting fee owed to D. Boral, through issuance of 65,000 Upfront Compensation Units at $10.00 per Unit.\n\n \n\nAs of April 29, 2026, the effective date of the Company’s prospectus, the Company has elected to issue the maximum number of Upfront Compensation Units permitted in satisfaction of the underwriting fee, consisting of 65,000 Private Placement Units.\n\n \n\nFollowing the Initial Public Offering and the sale of the Private Placement Units, a total of $60,000,000 was placed in the Trust Account. We incurred total transaction costs of $1,258,100, consisting of $900,000 of underwriting fee (of which $250,000 was paid in cash and $650,000 was settled through the issuance of 65,000 of Private Placement Units at $10.00 per Private Placement Unit) and $358,100 of other offering costs.\n\n \n\nThe Private Placement Units are identical to the Units sold in the Initial Public Offering, except as described in the Company’s prospectus.\n\n \n\nFor a description of the use of the proceeds generated in our Initial Public Offering, see Part I, Item 2 of this Form 10-Q.\n\n \n\n23"}