Whitebox Advisors LLC Takes $1.51 Million Position in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV)

Whitebox Advisors LLC acquired a new stake in shares of M3-Brigade Acquisition V Corp. (NASDAQ:MBAV - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 150,000 shares of the company's stock, valued at approximately $1,509,000. Whitebox Advisors LLC owned approximately 0.42% of M3-Brigade Acquisition V at the end of the most recent quarter.

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

M3-Brigade Acquisition V Trading Up 0.3 %

Shares of MBAV stock traded up $0.03 during trading on Friday, hitting $10.35. The company had a trading volume of 2,393 shares, compared to its average volume of 58,628. The business's 50-day simple moving average is $10.23. 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 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.