M3-Brigade Acquisition V Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $400.3M
- Price
- $11.14
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.19%
- Volume
- 237
About
M3-Brigade Acquisition V Corp. is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on March 12, 2024 and is headquartered in New York, NY.
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Key info
SectorFinancial Services
IndustryShell Companies
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002016072
Websitehttps://www.m3-brigade.com
AI Summary
AI-generated1/5
majorbearishm and a
M3-Brigade Acquisition V Corp. Announces Cancellation of Extraordinary General Meeting of Shareholders to Approve Business Combination
M3-Brigade Acquisition V Corp. (MBAV) terminated its proposed business combination with ReserveOne, Inc., citing significant changes in market conditions impacting the digital asset sector since the deal was announced in July 2025.
To avoid liquidation, the SPAC secured a 12-month extension to August 2, 2027, and raised $14.25 million by selling 4.28 million of its sponsor's founder shares to investors at $3.33 per share. The sponsor will also loan the company up to $4 million to cover accrued expenses.
Shareholders will vote on amendments to extend the deadline, withdraw up to $0.10 per share in interest from the trust account for working capital, and change the company's name to Velos Acquisition I Corp. Approximately 16 million shares are locked in non-redemption agreements in exchange for private placement warrants.
Red flags
- Termination of primary business combination deal
- SPAC extending deadline by 12 months, increasing time risk
- Dilution via sale of founder shares to new investors
- Removal of fairness opinion requirement from Articles
- Company remains a shell with no new target identified