ADDED
As of June 30, 2025, the last business day of the registrant s most recently completed second fiscal quarter, the aggregate market value of the registrant s Class A ordinary shares outstanding, other than shares held by persons who may be deemed affiliates of the registrant, as reported on The Nasdaq Global Market was approximately $ 324,587,500 .
As of March 12, 2026, the registrant had 28,750,000 Class A ordinary shares, $0.0001 par value per share, and 7,187,500 Class B ordinary shares, par value $0.0001 per share, issued and outstanding.
Our forward-looking statements include, but are not limited to, statements regarding our or our management team s expectations, hopes, beliefs, intentions or strategies regarding the future, including with respect to our proposed business combination with ReserveOne, Inc., a Delaware corporation ( ReserveOne ) .
If we seek shareholder approval of our initial business combination, as is the case with ReserveOne, our initial shareholders and management team have agreed to vote in favor of such initial business combination, regardless of how our public shareholders vote.
References to our management or our management team refer to our officers and directors, references to the Sponsor refer to MI7 Sponsor, LLC, a Delaware limited liability company (the Sponsor ), and references to the Original Sponsor refer to M3-Brigade Sponsor V LLC, a Delaware limited liability company (the Original Sponsor )).
In addition to our prior experience in completing business combinations of our Prior SPACs, certain members of our management team have significant experience and expertise in the digital asset industry.
While we will not limit our efforts to identify a prospective business combination to any particular business industry or sector or to any geographic region, we believe that our team s experience with companies based in North America and the digital asset industry may be a source of potential business combination candidates.
Simultaneously with the closing of the IPO, the Company consummated the sale of 8,337,500 warrants (the Private Placement Warrants and, together with the Public Warrants, the Warrants ) to the Original Sponsor and Cantor Fitzgerald Co., the representative of the underwriters of the IPO, at a price of $1.00 per warrant, or $8,337,500.
Following the closing of the IPO, on August 2, 2024, of the net proceeds of the IPO and the private placement of the Private Placement Warrants, $288,937,500 was placed in a trust account with Continental as Trustee (the Trust Account ).
government securities with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 of the Investment Company Act, as determined by the Company.
REMOVED
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.
The registrant s Units began trading on the Nasdaq Global Market ( Nasdaq ) on August 1, 2024 and the registrant s Class A ordinary shares and public warrants began separate trading on Nasdaq on September 23, 2024.
As of June 30, 2024, the last business day of the registrant s most recently completed second fiscal quarter, the registrant s Class A ordinary shares were not publicly traded.
Accordingly, there was no market value for the registrant s Class A common stock on such date.
The aggregate market value of the registrant s Class A ordinary shares outstanding, other than shares held by persons who may be deemed affiliates of the registrant, at December 31, 2024, was $ 289,512,500 .
As of March 28, 2025, the Registrant had 28,750,000 Class A ordinary shares, $0.0001 par value per share, and 7,187,500 Class B ordinary shares, par value $0.0001 per share, issued and outstanding.
Our forward-looking statements include, but are not limited to, statements regarding our or our management team s expectations, hopes, beliefs, intentions or strategies regarding the future.
If we seek shareholder approval of our initial business combination, our initial shareholders and management team have agreed to vote in favor of such initial business combination, regardless of how our public shareholders vote.
References to our management or our management team refer to our officers and directors, and references to the Sponsor refer to M3-Brigade Sponsor V LLC, a Delaware limited liability company (the Sponsor ; formerly known as M3-Brigade Sponsor V LP, a Delaware limited partnership).
While we will not limit our efforts to identify a prospective business combination to any particular business industry or sector or to any geographic region, we believe that our team s experience with companies based in North America and in the energy sector (or related products or services) may be a source of potential business combination candidates.