Crossingbridge Advisors LLC Makes New $502,000 Investment in M3-Brigade Acquisition V Corp. (NYSE:MBAVU)

Crossingbridge Advisors LLC acquired a new position in M3-Brigade Acquisition V Corp. (NYSE:MBAVU) during the third quarter, HoldingsChannel reports. The institutional investor acquired 50,000 shares of the company’s stock, valued at approximately $502,000.

A number of other institutional investors also recently bought and sold shares of the stock. Wealthspring Capital LLC purchased a new stake in shares of M3-Brigade Acquisition V in the third quarter worth $471,000. Wolverine Asset Management LLC bought a new stake in M3-Brigade Acquisition V during the 3rd quarter valued at about $1,018,000. Finally, Periscope Capital Inc. purchased a new position in M3-Brigade Acquisition V in the third quarter worth about $2,508,000.

M3-Brigade Acquisition V Stock Performance

NYSE:MBAVU opened at $10.09 on Tuesday. The firm’s 50 day moving average price is $10.12. M3-Brigade Acquisition V Corp. has a 52 week low of $10.01 and a 52 week high of $11.55.

M3-Brigade Acquisition V Company Profile

We are a newly organized blank check company incorporated in March 2024 as an exempted company under the laws of the Cayman Islands and were 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.