LMR Partners LLP Invests $12.32 Million in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV)

LMR Partners LLP purchased a new position in shares of M3-Brigade Acquisition V Corp. (NASDAQ:MBAV - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of MBAV. Wolverine Asset Management LLC increased its position in M3-Brigade Acquisition V by 173.3% in the 4th quarter. Wolverine Asset Management LLC now owns 437,258 shares of the company's stock valued at $4,399,000 after acquiring an additional 277,258 shares during the period. Picton Mahoney Asset Management bought a new stake in shares of M3-Brigade Acquisition V in the fourth quarter worth $18,863,000. Periscope Capital Inc. acquired a new stake in M3-Brigade Acquisition V in the fourth quarter valued at $2,012,000. Schechter Investment Advisors LLC bought a new position in M3-Brigade Acquisition V during the 4th quarter worth $2,637,000. Finally, Heights Capital Management Inc. acquired a new position in M3-Brigade Acquisition V during the 4th quarter worth about $1,006,000.

M3-Brigade Acquisition V Price Performance

Shares of MBAV traded up $0.01 during mid-day trading on Thursday, reaching $10.41. 100,050 shares of the company were exchanged, compared to its average volume of 57,845. The stock has a 50 day simple moving average of $10.26. M3-Brigade Acquisition V Corp. has a 52 week low of $9.97 and a 52 week high of $10.90.

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.