LMR Partners LLP Purchases New Stake in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV)

LMR Partners LLP purchased a new stake in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,225,000 shares of the company's stock, valued at approximately $12,324,000. LMR Partners LLP owned approximately 3.41% of M3-Brigade Acquisition V at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in MBAV. TrueMark Investments LLC bought a new position in M3-Brigade Acquisition V during the 4th quarter worth approximately $101,000. Wealthspring Capital LLC bought a new position in M3-Brigade Acquisition V during the 4th quarter worth approximately $170,000. Gabelli Funds LLC bought a new position in M3-Brigade Acquisition V during the 4th quarter worth approximately $428,000. Crossingbridge Advisors LLC bought a new position in M3-Brigade Acquisition V during the 4th quarter worth approximately $452,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in M3-Brigade Acquisition V during the 4th quarter worth approximately $578,000.

M3-Brigade Acquisition V Trading Up 0.1%

MBAV traded up $0.01 during trading on Friday, hitting $10.42. 256,491 shares of the company's stock were exchanged, compared to its average volume of 61,048. The firm's 50 day moving average price is $10.27. M3-Brigade Acquisition V Corp. has a fifty-two week low of $9.97 and a fifty-two week high of $10.90.

M3-Brigade Acquisition V 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.