M3-Brigade Acquisition V Corp. 8-K Filing
Ticker: MBAVW · Form: 8-K · Filed: Sep 20, 2024 · CIK: 2016072
| Field | Detail |
|---|---|
| Company | M3-Brigade Acquisition V CORP. (MBAVW) |
| Form Type | 8-K |
| Filed Date | Sep 20, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: spac, warrants, filing
TL;DR
MBAV units = 1 share + 0.5 warrant; warrants strike $11.50.
AI Summary
M3-Brigade Acquisition V Corp. filed an 8-K on September 20, 2024, reporting on its status as a blank check company. The filing details the structure of its units, each consisting of one ordinary share and half a redeemable warrant, with warrants exercisable for one ordinary share at $11.50 per share.
Why It Matters
This filing provides details on the structure and terms of M3-Brigade Acquisition V Corp.'s units and warrants, which is crucial for investors to understand their rights and potential exercise scenarios.
Risk Assessment
Risk Level: low — This is a routine 8-K filing detailing the company's structure and not announcing a specific event like an acquisition or financial distress.
Key Numbers
- 11.50 — Warrant Exercise Price (The price at which holders can exercise their warrants to purchase ordinary shares.)
Key Players & Entities
- M3-Brigade Acquisition V Corp. (company) — Registrant
- September 20, 2024 (date) — Date of earliest event reported
- 11.50 (dollar_amount) — Warrant exercise price
FAQ
What is the composition of M3-Brigade Acquisition V Corp.'s units?
Each unit consists of one Class Ordinary Share and one-half of one Redeemable Warrant.
What is the exercise price for the redeemable warrants?
The exercise price for each whole warrant is $11.50 per share.
What is the par value of M3-Brigade Acquisition V Corp.'s ordinary shares?
The par value of the Class Ordinary Share is $0.0001 per share.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on September 20, 2024.
What is the SIC code for M3-Brigade Acquisition V Corp.?
The Standard Industrial Classification (SIC) code is 6770, which corresponds to Blank Checks.
Filing Stats: 634 words · 3 min read · ~2 pages · Grade level 10.7 · Accepted 2024-09-20 08:57:20
Key Financial Figures
- $0.0001 — LLC Class A ordinary share, par value $0.0001 per share MBAV The Nasdaq Stock Mar
- $11.50 — ordinary share at an exercise price of $11.50 per share MBAVW The Nasdaq Stock Ma
Filing Documents
- eh240533534_8k.htm (8-K) — 33KB
- eh240533534_ex9901.htm (EX-99.1) — 9KB
- 0000950142-24-002423.txt ( ) — 269KB
- mbav-20240920.xsd (EX-101.SCH) — 4KB
- mbav-20240920_def.xml (EX-101.DEF) — 27KB
- mbav-20240920_lab.xml (EX-101.LAB) — 37KB
- mbav-20240920_pre.xml (EX-101.PRE) — 25KB
- eh240533534_8k_htm.xml (XML) — 7KB
01. Other Events
Item 8.01. Other Events. On September 20, 2024, M3-Brigade Acquisition V Corp. (the " Company ") issued a press release, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K, announcing that the holders of the Company's units (the " Units ") may elect to separately trade the Company's Class A ordinary shares, par value $0.0001 per share (the " Class A Shares "), and warrants (the " Warrants ") comprising the units commencing on or about September 23, 2024. Each Unit consists of one Class A Share and one-half of one redeemable Warrant to purchase one Class A Share. Any Units not separated will continue to trade on the Nasdaq Global Market under the symbol "MBAVU," and the Class A Shares and Warrants that are separated will trade on the Nasdaq Global Market under the symbols "MBAV" and "MBAVW," respectively. No fractional Warrants will be issued upon separation of the Units and only whole Warrants will trade. Holders of the Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the Units into the Class A Shares and Warrants.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release, dated September 20, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. M3-BRIGADE ACQUISITION V CORP. Date: September 20, 2024 By: /s/ Eric Greenhaus Name: Eric Greenhaus Title: Chief Financial Officer