D. E. Shaw & Co. Inc. Buys 737,500 Shares of M3-Brigade Acquisition V Corp. (NASDAQ:MBAV)

D. E. Shaw & Co. Inc. increased its position in shares of M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) by 147.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,237,500 shares of the company’s stock after purchasing an additional 737,500 shares during the quarter. D. E. Shaw & Co. Inc. owned 3.44% of M3-Brigade Acquisition V worth $12,449,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of MBAV. TrueMark Investments LLC acquired a new position in shares of M3-Brigade Acquisition V in the 4th quarter valued at approximately $101,000. Wealthspring Capital LLC acquired a new position in M3-Brigade Acquisition V during the fourth quarter valued at approximately $170,000. Gabelli Funds LLC bought a new stake in M3-Brigade Acquisition V during the fourth quarter worth $428,000. Crossingbridge Advisors LLC acquired a new stake in shares of M3-Brigade Acquisition V in the 4th quarter valued at $452,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in shares of M3-Brigade Acquisition V in the 4th quarter valued at $578,000.

M3-Brigade Acquisition V Stock Up 0.3%

Shares of MBAV stock opened at $10.40 on Wednesday. The stock’s fifty day simple moving average is $10.26. M3-Brigade Acquisition V Corp. has a twelve month low of $9.97 and a twelve month high of $10.90.

About M3-Brigade Acquisition V

M3-Brigade Acquisition V Corp. is a blank check company. It 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. M3-Brigade Acquisition V Corp.