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M3-Brigade Acquisition V Corp. Class A ( (MBAV) ) has provided an update.
On May 27, 2025, M3-Brigade Acquisition V Corp. completed a transaction where MI7 Sponsor, LLC, an affiliate of CC Capital, along with Reeve Collins, purchased significant shares and warrants from the original sponsor for $6,467,500. This transaction marks a strategic shift towards the digital assets industry, with Reeve Collins, a veteran in the digital asset space, named as the new CEO, and Chinh Chu as president. The company aims to leverage Collins’ expertise in digital assets to seek business combination targets in this sector, potentially impacting its market positioning and stakeholder interests.
More about M3-Brigade Acquisition V Corp. Class A
M3-Brigade Acquisition V Corp. is a blank check company formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company is currently focused on the digital assets industry and plans to change its name to CCRC Digital Assets Corp.
Average Trading Volume: 84,501
Technical Sentiment Signal: Strong Buy
For a thorough assessment of MBAV stock, go to TipRanks’ Stock Analysis page.