M3-Brigade Acquisition V Corp.’s (NYSE:MBAVU) Lock-Up Period To End on January 28th

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

M3-Brigade Acquisition V Stock Down 0.5 %

Shares of MBAVU stock opened at $10.27 on Friday. M3-Brigade Acquisition V has a one year low of $10.01 and a one year high of $11.55. The stock’s 50 day moving average is $10.17.

Institutional Trading of M3-Brigade Acquisition V

A number of institutional investors and hedge funds have recently bought and sold shares of MBAVU. Rivernorth Capital Management LLC acquired a new position in shares of M3-Brigade Acquisition V during the third quarter worth $5,015,000. Verition Fund Management LLC purchased a new position in M3-Brigade Acquisition V in the 3rd quarter valued at about $5,015,000. Periscope Capital Inc. acquired a new stake in shares of M3-Brigade Acquisition V during the third quarter valued at about $2,508,000. Whitebox Advisors LLC purchased a new stake in shares of M3-Brigade Acquisition V during the third quarter worth about $1,504,000. Finally, Wolverine Asset Management LLC acquired a new position in shares of M3-Brigade Acquisition V in the third quarter worth about $1,018,000.

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.