Ex-Blackstone, Tether Execs Seek $1B to Build Multitoken Crypto Treasury: Bloomberg
The company intends to buy a basket of tokens, including bitcoin, ether and sol.
Ticker |
MBAV
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CIK | 0002016072 |
SIC | 6770 |
Sector | Finance, Insurance, And Real Estate |
Industry Category | Trading |
Industry Group | Investment Offices |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Ex-Blackstone, Tether Execs Seek $1B to Build Multitoken Crypto Treasury: BloombergThe company intends to buy a basket of tokens, including bitcoin, ether and sol. M3-Brigade Acquisition V closes transactionM3-Brigade Acquisition V (MBAV) announced the closing of a transaction in which MI7 Sponsor, a Delaware limited liability company and a CC Capital affiliate, along with Reeve Collins, purchased 7,187,500 Class B ordinary shares and 5,043,750 private placement warrants of M3-Brigade owned by M3-Brigade Sponsor V LLC, a Delaware limited liability company, for an aggregate purchase price of $6,467,500. Additionally, the New Sponsor expects to purchase 3,293,750 additional private placement warrants Tether Co-Founder Reeve Collins and CC Capital Affiliate Purchase Sponsor Interests in SPAC to Acquire Digital AssetsM3-Brigade Acquisition V Corp., a Cayman Islands exempted company (NASDAQ: MBAVU, MBAV, MBAVW) ("M3-Brigade"), announced the closing of a transaction in which MI7 Sponsor, LLC, a Delaware limited liability company and a CC Capital affiliate, along with Reeve Collins ("New Sponsor"), purchased 7,187,500 Class B ordinary shares and 5,043,750 private placement warrants of M3-Brigade owned by M3-Brigade Sponsor V LLC, a Delaware limited liability company ("Original Sponsor"), for an aggregate purcha M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) is largely controlled by institutional shareholders who own 62% of the companyKey Insights Institutions' substantial holdings in M3-Brigade Acquisition V implies that they have significant... M3-Brigade Acquisition V Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing September 23, 2024NEW YORK, Sept. 20, 2024 (GLOBE NEWSWIRE) -- M3-Brigade Acquisition V Corp. (the “Company”) announced that, commencing on September 23, 2024, holders of the units sold in the Company’s initial public offering of 28,750,000 units, which includes 3,750,000 units issued pursuant to the exercise by the underwriters of their overallotment option, completed on August 2, 2024 may elect to separately trade the Class A ordinary shares and warrants included in the units. Class A ordinary shares and warran |