Here are the 10-Q quarterly reports from M3-Brigade Acquisition V Corp. Warrant (MBAVW) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MBAVW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MBAVW filings page.
M3‑Brigade Acquisition V Corp. reported unaudited results for the quarter ended March 31, 2026, showing net income of $1.7 million, driven by $2.7 million of interest on its Trust Account. General and operating costs rose to $1.0 million.
Total assets were $310.6 million, including $309.6 million of investments in the Trust Account and $876,078 of cash. The company had a working capital deficit of $6.98 million and disclosed substantial doubt about its ability to continue as a going concern absent completing a business combination.
The filing details a proposed business combination with ReserveOne, including Pubco’s planned listing, and PIPE commitments of up to $500 million in equity and $250 million in 1.00% convertible senior notes. The related registration statement was declared effective on May 13, 2026, with closing expected in the second quarter of 2026, subject to customary conditions.
The filing is an interim 10-Q for a special purpose acquisition company formed to complete an initial Business Combination. The company completed an IPO of 28,750,000 Units at $10.00 each, placing approximately $287.5 million of gross proceeds and holding $300.8 million (June 30, 2025) in a Trust Account invested in U.S. treasury mutual funds. The Sponsor holds 7,187,500 Class B shares and acquired 5,043,750 Private Placement Warrants; Cantor Fitzgerald sold 3,293,750 Private Placement Warrants to the Sponsor for $10. The company has a related-party note with $500,000 outstanding (non‑interest) and working capital of $799,996 with a working capital deficit of $647,014. Management states there is substantial doubt about the company’s ability to continue as a going concern pending an initial Business Combination.