Certain Common Stock of Mountain Crest Acquisition Corp. IV are subject to a Lock-Up Agreement Ending on 27-DEC-2021. These Common Stock will be under lockup for 181 days starting from 29-JUN-2021 to 27-DEC-2021.

Details:
The Representative Shares have been deemed compensation by FINRA and are therefore subject to a lock-up for a period of 180 days immediately following the date of the effectiveness of the registration statement. Pursuant to FINRA Rule 5110(e)(1), these securities will not be sold during the offering, or sold, transferred, assigned, pledged, or hypothecated, or be the subject of any hedging, short sale, derivative, put or call transaction that would result in the economic disposition of the securities by any person for a period of 180 days immediately following the commencement of sales of the public offering, except to any underwriter and selected dealer participating in the offering and their bona fide officers or partners, its registered persons or affiliates, provided that all securities so transferred remain subject to the lockup restriction above for the remainder of the time period.