M3-Brigade Acquisition V Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing September 23, 2024
September 20 2024 - 7:30AM
M3-Brigade Acquisition V Corp. (the “Company”) announced that,
commencing on September 23, 2024, holders of the units sold in the
Company’s initial public offering of 28,750,000 units, which
includes 3,750,000 units issued pursuant to the exercise by the
underwriters of their overallotment option, completed on August 2,
2024 may elect to separately trade the Class A ordinary shares
and warrants included in the units. Class A ordinary shares and
warrants that are separated will trade on the Nasdaq Global Market
under the symbols “MBAV” and “MBAVW,” respectively. Those units not
separated will continue to trade on the Nasdaq Global Market under
the symbol “MBAVU.” 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 ordinary shares and
warrants.
A registration statement relating to these
securities was declared effective by the U.S. Securities and
Exchange Commission (the “SEC”) on July 31, 2024. Cantor Fitzgerald
& Co. served as sole book-running manager for the offering.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities of the Company, nor
shall there be any offer, solicitation or sale of any securities in
any state or jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
About M3-Brigade Acquisition V Corp.
M3-Brigade Acquisition V Corp. is a newly organized
blank check company 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. The
Company intends to focus its efforts on seeking and consummating an
initial business combination with a company that has an enterprise
value of at least $1 billion, although a target entity with a
smaller or larger enterprise value may be considered. The Company
may pursue an acquisition opportunity in any business industry or
sector and in any geographic region.
Cautionary Note Concerning Forward-Looking
Statements
This press release includes, and oral statements
made from time to time by representatives of the Company may
include, “forward-looking statements” within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. Statements
regarding possible business combinations and the financing thereof,
and related matters, as well as all other statements other than
statements of historical fact included in this press release are
forward-looking statements. When used in this press release, words
such as “anticipate,” “believe,” “continue,” “could,” “estimate,”
“expect,” “intend,” “may,” “might,” “plan,” “possible,”
“potential,” “predict,” “project,” “should,” “would” and similar
expressions, as they relate to the Company or the Company’s
management team, identify forward-looking statements. Such
forward-looking statements are based on the beliefs of the
Company’s management, as well as assumptions made by, and
information currently available to, the Company’s management.
Actual results could differ materially from those contemplated by
the forward-looking statements as a result of certain factors
detailed in the Company’s filings with the SEC. All subsequent
written or oral forward-looking statements attributable to the
Company or persons acting on the Company’s behalf are qualified in
their entirety by this paragraph. Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the “Risk
Factors” section of the Company’s registration statement and final
prospectus relating to the Company’s initial public offering filed
with the SEC. Copies are available on the SEC’s website at
www.sec.gov. The Company undertakes no obligation to update these
statements for revisions or changes after the date of this release,
except as required by applicable law.
Contact:
M3-Brigade Acquisition V Corp. c/o M3 Partners, LP 1700
Broadway 19th Floor New York, NY 10019 T:
212-202-2200www.m3-brigade.com
Investor Relations Kristin Celauro (212) 202-2223
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