Crossingbridge Advisors LLC Invests $452,000 in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV)

Crossingbridge Advisors LLC bought a new stake in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 44,914 shares of the company's stock, valued at approximately $452,000. Crossingbridge Advisors LLC owned about 0.12% of M3-Brigade Acquisition V at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. TrueMark Investments LLC purchased a new position in shares of M3-Brigade Acquisition V during the 4th quarter worth about $101,000. Wealthspring Capital LLC purchased a new position in M3-Brigade Acquisition V during the fourth quarter worth approximately $170,000. Gabelli Funds LLC acquired a new position in shares of M3-Brigade Acquisition V in the 4th quarter valued at $428,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in shares of M3-Brigade Acquisition V during the 4th quarter valued at $578,000. Finally, Heights Capital Management Inc. acquired a new stake in shares of M3-Brigade Acquisition V during the 4th quarter worth $1,006,000.

M3-Brigade Acquisition V Trading Up 0.1 %

Shares of MBAV traded up $0.01 during trading hours on Thursday, hitting $10.34. The stock had a trading volume of 100,086 shares, compared to its average volume of 59,609. M3-Brigade Acquisition V Corp. has a 12-month low of $9.97 and a 12-month high of $10.90. The stock has a fifty day simple moving average of $10.22.

M3-Brigade Acquisition V Company Profile

M3-Brigade Acquisition V Corp. is a blank check company. It formed for the purpose of effecting a merger, consolidation, capital stock exchange, share exchange, asset acquisition, share purchase, stock purchase, reorganization or similar business combination with one or more businesses. M3-Brigade Acquisition V Corp.