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Mountain Crest Global Holdings LLC has disclosed the sale of 100,000 shares of Mountain Crest Acquisition (NASDAQ:PLBY) Corp. V (NASDAQ:MCAGU) for a total of $700,000. The transaction, which took place on February 17, 2025, was executed at a price of $7.00 per share. The stock currently trades at $10.92, significantly above the transaction price. According to InvestingPro analysis, the company appears overvalued at current levels. Following this sale, Mountain Crest Global Holdings retains ownership of 2,065,800 shares. The shares will be transferred to the purchaser upon the completion of Mountain Crest Acquisition Corp. V’s initial business combination, as noted in the filing. InvestingPro data shows the company has a weak financial health score of 1.64, with short-term obligations exceeding liquid assets. Subscribers can access 6 additional ProTips and comprehensive financial metrics.
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