M3-Brigade Acquisition V Corp. amendment restates a prior joint Schedule 13G filed by Saba Capital Management, Saba Capital Management GP, LLC and Boaz R. Weinstein. The filing reports 1,585,000 shares held with 5.51% of the Class A ordinary shares, based on 28,750,000 shares outstanding as of March 12, 2026.
The Reporting Persons state the amendment replaces the statement filed May 15, 2026, and the filing is signed on 05/20/2026.
Positive
None.
Negative
None.
Insights
Saba reports a 5.51% shared holding of 1,585,000 shares.
The amendment to the Schedule 13G clarifies ownership by Saba Capital entities and Mr. Weinstein, showing shared voting and dispositive power over 1,585,000 shares as reported on the cover page. The percentage uses a denominator of 28,750,000 shares outstanding as of March 12, 2026.
Holder decisions will determine any future activity; the filing lists holdings and the joint filing agreement dated May 15, 2026. Subsequent filings may disclose changes in holdings or voting arrangements.
This is a routine amendment restating a prior Schedule 13G.
The document amends and restates the prior Schedule 13G filed May 15, 2026, and includes signature attestations dated 05/20/2026. It identifies the business address and the CUSIP G63212107.
The filing notes that funds and accounts advised by Saba Capital have rights to dividends and sale proceeds; the filing does not specify transactions or changes in economic ownership in this excerpt.
Key Figures
Reported shares beneficially owned:1,585,000 sharesPercent of class:5.51%Shares outstanding used:28,750,000 shares+2 more
5 metrics
Reported shares beneficially owned1,585,000 sharesShared voting/dispositive power reported on cover pages
Percent of class5.51%Calculated using 28,750,000 shares outstanding as of March 12, 2026
Shares outstanding used28,750,000 sharesDenominator as of <date>March 12, 2026</date> per issuer 10-K
Joint Filing Agreement dateMay 15, 2026Date of Joint Filing Agreement among Reporting Persons
Signature date05/20/2026Date signatures were executed on the amendment
"This Amendment No. 1 amends and restates the filed by the Reporting Person"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially ownedfinancial
"Amount beneficially owned: The information required by Items 4(a) - (c) is set forth"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Shared Dispositive Powerfinancial
"Shared Dispositive Power 1,585,000.00"
CUSIPregulatory
"CUSIP No.: G63212107"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
What stake does Saba Capital report in M3-Brigade (MBAV)?
Saba Capital and related filers report shared ownership of 1,585,000 shares, representing 5.51% of Class A ordinary shares. The percentage is calculated using 28,750,000 shares outstanding as of March 12, 2026 per the filing.
Who are the Reporting Persons named in the Schedule 13G/A?
The filing lists Saba Capital Management, L.P., Saba Capital Management GP, LLC, and Boaz R. Weinstein as joint Reporting Persons under a Joint Filing Agreement dated May 15, 2026.
Does the amendment indicate any change in voting or dispositive power?
The amendment reports shared voting power and shared dispositive power of 1,585,000 shares. It restates the prior Schedule 13G; it does not, in the provided excerpt, describe any new transfers or changes in absolute economic ownership.
What denominator was used to calculate the 5.51% figure?
The filing states the percentage is based on 28,750,000 shares outstanding as of March 12, 2026, as reported in the issuer's 10-K filed on that date; that denominator produces the reported 5.51% stake.
When was the amendment signed and who signed it?
The amendment is signed by Michael D'Angelo as General Counsel/Authorized Signatory/Attorney-in-fact, with signature attestations dated 05/20/2026, and references a Power of Attorney dated November 16, 2015.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
M3-Brigade Acquisition V Corp.
(Name of Issuer)
Class A ordinary shares, par value $0.0001
(Title of Class of Securities)
G63212107
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G63212107
1
Names of Reporting Persons
Saba Capital Management, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,585,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,585,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,585,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.51 %
12
Type of Reporting Person (See Instructions)
PN, IA
Comment for Type of Reporting Person: This Amendment No. 1 amends and restates the Schedule 13G filed by the Reporting Person on May 15, 2026. The denominator of the fraction upon which the percentages are calculated is based on 28,750,000 Shares outstanding as of March 12, 2026 as reported on the Issuer's 10-K filed with the Securities and Exchange Commission on March 12, 2026.
SCHEDULE 13G
CUSIP Number(s):
G63212107
1
Names of Reporting Persons
Boaz R. Weinstein
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEW YORK
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,585,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,585,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,585,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.51 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: This Amendment No. 1 amends and restates the Schedule 13G filed by the Reporting Person on May 15, 2026. The denominator of the fraction upon which the percentages are calculated is based on 28,750,000 Shares outstanding as of March 12, 2026 as reported on the Issuer's 10-K filed with the Securities and Exchange Commission on March 12, 2026.
SCHEDULE 13G
CUSIP Number(s):
G63212107
1
Names of Reporting Persons
Saba Capital Management GP, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,585,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,585,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,585,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.51 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: This Amendment No. 1 amends and restates the Schedule 13G filed by the Reporting Person on May 15, 2026. The denominator of the fraction upon which the percentages are calculated is based on 28,750,000 Shares outstanding as of March 12, 2026 as reported on the Issuer's 10-K filed with the Securities and Exchange Commission on March 12, 2026.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
M3-Brigade Acquisition V Corp.
(b)
Address of issuer's principal executive offices:
1700 Broadway, New York, NEW YORK 10019
Item 2.
(a)
Name of person filing:
Saba Capital Management, L.P., a Delaware limited partnership ("Saba Capital"), Saba Capital Management GP, LLC, a Delaware limited liability company ("Saba GP"), and Mr. Boaz R. Weinstein (together, the "Reporting Persons"). The Reporting Persons have entered into a Joint Filing Agreement, dated May 15, 2026, pursuant to which the Reporting Persons have agreed to file this statement and any subsequent amendments hereto jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act. Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. The filing of this statement should not be construed as an admission that any of the forgoing persons or the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is 405 Lexington Avenue, 58th Floor, New York, New York 10174.
(c)
Citizenship:
Saba Capital is organized as a limited partnership under the laws of the State of Delaware. Saba GP is organized as a limited liability company under the laws of the State of Delaware. Mr. Weinstein is a citizen of the United States.
(d)
Title of class of securities:
Class A ordinary shares, par value $0.0001
(e)
CUSIP No.:
G63212107
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Items 4(a) - (c) is set forth in Rows (5) - (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(b)
Percent of class:
Not applicable
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Not applicable
(ii) Shared power to vote or to direct the vote:
Not applicable
(iii) Sole power to dispose or to direct the disposition of:
Not applicable
(iv) Shared power to dispose or to direct the disposition of:
Not applicable
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The funds and accounts advised by Saba Capital have the right to receive the dividends from and proceeds of sales from the Common Stock.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Saba Capital Management, L.P.
Signature:
/s/ Michael D'Angelo
Name/Title:
General Counsel
Date:
05/20/2026
Boaz R. Weinstein
Signature:
/s/ Michael D'Angelo
Name/Title:
Authorized Signatory
Date:
05/20/2026
Saba Capital Management GP, LLC
Signature:
/s/ Michael D'Angelo
Name/Title:
Attorney-in-fact*
Date:
05/20/2026
Comments accompanying signature: *** Pursuant to a Power of Attorney dated as of November 16, 2015
