tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

M3-Brigade Amends Note Conversion Price in July 2025

Story Highlights

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from M3-Brigade Acquisition V Corp. Class A ( (MBAV) ) is now available.

On June 18, 2025, M3-Brigade Acquisition V Corp. issued a convertible promissory note to its sponsor, M17 Sponsor, LLC, allowing the company to borrow up to $2,500,000. The company borrowed $500,000 on the same date. On July 16, 2025, the company and the sponsor amended the note to correct a scrivener’s error, adjusting the conversion price of the Private Placement Warrants from $1.50 to $1.00 per warrant. This amendment does not alter any other terms of the original note.

More about M3-Brigade Acquisition V Corp. Class A

Average Trading Volume: 538,502

Technical Sentiment Signal: Strong Buy

For detailed information about MBAV stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1