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M3-Brigade Acquisition V Corp. Class A ( (MBAV) ) has issued an announcement.
On June 16, 2025, M3-Brigade Acquisition V Corp. issued a promissory note to its sponsor, M17 Sponsor, LLC, allowing the company to borrow up to $2,500,000 for general working capital, with an initial borrowing of $500,000. The note is interest-free and payable upon the consummation of the company’s initial business combination. Additionally, effective June 13, 2025, the company’s board of directors expanded from five to seven members, appointing Paul W. Kopsky, Jr. and Franklin Tsung as new directors. Kopsky will chair the Audit Committee, and both appointees are considered independent under Nasdaq rules.
More about M3-Brigade Acquisition V Corp. Class A
Average Trading Volume: 337,241
Technical Sentiment Signal: Strong Buy
For detailed information about MBAV stock, go to TipRanks’ Stock Analysis page.