Velos Acquisition I Corp.
m3-brigade.comM3-Brigade Acquisition V Corp (NASDAQ: MBAV) is a blank-check special purpose acquisition company (SPAC) formed to identify and complete a merger or acquisition with a target business. It does not generate operating revenue. Instead, it holds IPO proceeds in a Trust Account, with interest earned on those funds accruing until a business combination is completed or shares are redeemed. The company was incorporated in the Cayman Islands and completed its IPO on August 6, 2024, based on the filing date of its Private Placement Warrants Purchase Agreement with Cantor Fitzgerald & Co. As of the 10-K filed March 12, 2026, the company had announced a proposed business combination with ReserveOne, Inc., a Delaware corporation. The sponsor entity is M3-Brigade Sponsor V LLC. Chairman Mohsin Y. Meghji is Managing Partner of M3 Partners, LP and has previously sponsored M III Acquisition Corp., M3-Brigade Acquisition II Corp., M3-Brigade Acquisition III Corp., and M3-Brigade Acquisition IV Corp. The company has a 24-month completion window from IPO close to consummate a business combination or face liquidation.
Products & Services
Blank-check acquisition vehicle. Key instruments include Class A ordinary shares, founder shares held by the sponsor, Public Warrants, and Private Placement Warrants. A proposed business combination with ReserveOne, Inc. was disclosed in the 10-K filed March 12, 2026.
Revenue Model
No operating revenue. IPO proceeds are held in a Trust Account and earn interest until a business combination closes or public shares are redeemed. The economic model for sponsors is carried interest through founder shares and Private Placement Warrants, not fee income.
Customers & Markets
Public shareholders who participate in the IPO and SPAC merger process. Institutional and retail investors in blank-check vehicles. Target company: ReserveOne, Inc. (Delaware corporation), as disclosed in the March 12, 2026 10-K filing.
Geographic Exposure
Incorporated in the Cayman Islands. Registered with the SEC in Washington, D.C. No operating geographic footprint disclosed in the filing excerpts.
Source: SEC 10-K, filed 2026-03-12
Financial Snapshot
Loading...
