M3-Brigade Acquisition V Corp.’s Lock-Up Period Will Expire Tomorrow (NYSE:MBAVU)

M3-Brigade Acquisition V’s (NYSE:MBAVU) lock-up period will expire on Tuesday, January 28th. M3-Brigade Acquisition V had issued 25,000,000 shares in its IPO on August 1st. The total size of the offering was $250,000,000 based on an initial share price of $10.00. After the end of M3-Brigade Acquisition V’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

M3-Brigade Acquisition V Stock Down 0.5 %

MBAVU opened at $10.27 on Monday. M3-Brigade Acquisition V has a 1 year low of $10.01 and a 1 year high of $11.55. The company’s fifty day moving average price is $10.17.

Institutional Trading of M3-Brigade Acquisition V

A number of hedge funds have recently modified their holdings of MBAVU. Rivernorth Capital Management LLC bought a new stake in M3-Brigade Acquisition V during the 3rd quarter worth approximately $5,015,000. Tidal Investments LLC acquired a new stake in M3-Brigade Acquisition V during the 3rd quarter worth approximately $112,000. Whitebox Advisors LLC acquired a new stake in shares of M3-Brigade Acquisition V in the 3rd quarter valued at about $1,504,000. Quarry LP acquired a new stake in shares of M3-Brigade Acquisition V in the third quarter valued at approximately $752,000. Finally, Verition Fund Management LLC acquired a new stake in shares of M3-Brigade Acquisition V in the 3rd quarter valued at approximately $5,015,000.

M3-Brigade Acquisition V Company Profile

We are a newly organized blank check company incorporated in March 2024 as an exempted company under the laws of the Cayman Islands and were formed for the purpose of effecting a merger, consolidation, capital stock exchange, share exchange, asset acquisition, share purchase, stock purchase, reorganization or similar business combination with one or more businesses.