M3-Brigade Sponsor V LLC - Jul 31, 2024 Form 3 Insider Report for M3-Brigade Acquisition V Corp. (MBAV)

Role
10%+ Owner
Signature
/s/ Mohsin Y. Meghji, as Authorized Signatory
Stock symbol
MBAV
Transactions as of
Jul 31, 2024
Transactions value $
$0
Form type
3
Date filed
7/31/2024, 09:51 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MBAV Class B ordinary shares Jul 31, 2024 Class A ordinary shares 7.19M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the issuer's registration statement on Form S-1 (File No. 333-279951) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F2 The Class B ordinary shares beneficially owned by the reporting person include up to 937,500 shares that are subject to forfeiture to the extent the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option as described in the issuer's registration statement.
F3 The managing member of M3-Brigade Sponsor V LLC is M3-Brigade Acquisition Partners V Corp., a Delaware corporation. Mohsin Y. Meghji is the sole director and Chief Executive Officer of M3-Brigade Acquisition Partners V Corp. As such, Mr. Meghji may be deemed to have voting and investment discretion with respect to the securities held by the reporting person and may be deemed to have beneficial ownership of the securities held directly by the reporting person.