M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) Stock Position Reduced by Shaolin Capital Management LLC

Shaolin Capital Management LLC decreased its position in shares of M3-Brigade Acquisition V Corp. (NASDAQ:MBAV - Free Report) by 81.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 100,000 shares of the company's stock after selling 425,000 shares during the period. Shaolin Capital Management LLC owned 0.28% of M3-Brigade Acquisition V worth $1,006,000 as of its most recent SEC filing.

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

M3-Brigade Acquisition V Stock Performance

Shares of MBAV traded down $0.01 during midday trading on Thursday, hitting $10.32. 104,353 shares of the stock traded hands, compared to its average volume of 59,690. M3-Brigade Acquisition V Corp. has a 1-year low of $9.97 and a 1-year high of $10.90. The company's 50 day simple moving average is $10.22.

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.