Welcome to our dedicated page for M3-Brigade Acquisition III news (Ticker: MBSCU), a resource for investors and traders seeking the latest updates and insights on M3-Brigade Acquisition III stock.
M3-Brigade Acquisition III Corp. (NYSE: MBSC) is a special purpose acquisition company organized by the founders and senior executives of M3 Partners, LP and Brigade Capital Management, LP. The company aims to effect a merger, stock purchase, or similar business combination with one or more businesses. As of the date of the latest news, MBSC has approximately $312,853,334.85 in its trust account. The company recently extended the period for its initial business combination until October 26, 2023.
M3-Brigade Acquisition III Corp. announced that starting December 13, 2021, holders of its initial public offering units can trade Class A common stock and public warrants separately. The Class A common stock and public warrants will trade under the symbols 'MBSC' and 'MBSC WS', respectively, while units will continue under 'MBSC.U'. No fractional warrants will be issued. The SEC declared a registration statement effective on October 21, 2021. M3-Brigade aims to pursue business combinations primarily with companies affected by COVID-19 or in the renewable energy sector.
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