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Polar Asset Management Partners Inc. Acquires New Shares in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV)

M3-Brigade Acquisition V logo with Financial Services background

Polar Asset Management Partners Inc. acquired a new position in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,875,000 shares of the company's stock, valued at approximately $18,862,000. Polar Asset Management Partners Inc. owned approximately 5.22% of M3-Brigade Acquisition V at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MBAV. TrueMark Investments LLC bought a new stake in M3-Brigade Acquisition V in the fourth quarter worth approximately $101,000. Wealthspring Capital LLC bought a new position in M3-Brigade Acquisition V during the fourth quarter valued at about $170,000. Gabelli Funds LLC bought a new stake in M3-Brigade Acquisition V in the fourth quarter worth about $428,000. Crossingbridge Advisors LLC bought a new position in shares of M3-Brigade Acquisition V during the 4th quarter valued at approximately $452,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in shares of M3-Brigade Acquisition V during the 4th quarter worth approximately $578,000.

M3-Brigade Acquisition V Trading Up 2.6%

NASDAQ MBAV traded up $0.30 on Friday, hitting $11.85. 559,922 shares of the stock traded hands, compared to its average volume of 152,331. The stock's fifty day simple moving average is $10.37. M3-Brigade Acquisition V Corp. has a 12 month low of $9.97 and a 12 month high of $11.98.

About M3-Brigade Acquisition V

(Free Report)

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.

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Institutional Ownership by Quarter for M3-Brigade Acquisition V (NASDAQ:MBAV)

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