M3-Brigade Acquisition V (MBAV): Meteora Capital reports 2.82M shares (9.8%)
Rhea-AI Filing Summary
M3-Brigade Acquisition V Corp. report: Meteora Capital, LLC and Vik Mittal disclosed beneficial ownership of 2,816,473 shares of Class A common stock, equal to 9.8% of the class as of 06/30/2026.
The filing lists shared voting and shared dispositive power over these shares (2,816,473). The statement was signed by Vik Mittal on 07/08/2026.
Positive
- None.
Negative
- None.
Insights
Large passive stake reported; ownership near double‑digit threshold.
The filing shows 2,816,473 shares (9.8%) held by funds managed by Meteora Capital with shared voting and dispositive power as of 06/30/2026. This is a straightforward beneficial‑ownership disclosure under Schedule 13G/A.
Timing: the statement is signed 07/08/2026. Subsequent filings would show any changes to voting arrangements or position size.
Shared voting control may indicate coordinated decision rights across funds.
The disclosure attributes shared voting and shared dispositive power rather than sole control, suggesting collective management of the reported position by Meteora Funds.
Material governance impact depends on future changes in percentage ownership or voting agreements; current filing is informational.