UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
M3-Brigade Acquisition V Corp. |
(Name of Issuer) |
|
Class A Ordinary Shares, par value $0.0001 |
(Title of Class of Securities) |
|
G63212 107 |
(CUSIP Number) |
|
September 30, 2024 |
(Date of Event which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| ☐ | Rule 13d-1(b) |
| ☐ | Rule 13d-1(c) |
| ☒ | Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. G63212 107 | SCHEDULE 13G | Page 2 of 8 |
1 | NAME OF REPORTING PERSON M3-Brigade Sponsor V LLC | |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☐ |
3 | SEC USE ONLY | |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER 7,187,500 |
6 | SHARED VOTING POWER 0 |
7 | SOLE DISPOSITIVE POWER 7,187,500 |
8 | SHARED DISPOSITIVE POWER 0 |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,187,500 | |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ☐ |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 20.0% | |
12 | TYPE OF REPORTING PERSON OO | |
CUSIP No. G63212 107 | SCHEDULE 13G | Page 3 of 8 |
1 | NAME OF REPORTING PERSON M3-Brigade Acquisition Partners V Corp. | |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☐ |
3 | SEC USE ONLY | |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER 7,187,500 |
6 | SHARED VOTING POWER 0 |
7 | SOLE DISPOSITIVE POWER 7,187,500 |
8 | SHARED DISPOSITIVE POWER 0 |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,187,500 | |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ☐ |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 20.0% | |
12 | TYPE OF REPORTING PERSON CO | |
CUSIP No. G63212 107 | SCHEDULE 13G | Page 4 of 8 |
1 | NAME OF REPORTING PERSON Mohsin Y. Meghji | |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☐ |
3 | SEC USE ONLY | |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION United States | |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER 7,187,500 |
6 | SHARED VOTING POWER 0 |
7 | SOLE DISPOSITIVE POWER 7,187,500 |
8 | SHARED DISPOSITIVE POWER 0 |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,187,500 | |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ☐ |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 20.0% | |
12 | TYPE OF REPORTING PERSON IN | |
CUSIP No. G63212 107 | SCHEDULE 13G | Page 5 of 8 |
ITEM 1. | (a) | Name of Issuer: |
| | |
| M3-Brigade Acquisition V Corp. |
| | |
| (b) | Address of Issuer’s Principal Executive Offices: |
| | |
| 1700 Broadway, 19th Floor New York, NY 10019 |
| |
ITEM 2. | (a) | Name of Person Filing: |
| | |
| This statement is being filed on behalf of each of the following persons (each, a “Reporting Person” and, collectively, the “Reporting Persons”): |
| |
| - M3-Brigade Sponsor V LLC
- M3-Brigade Acquisition Partners V Corp.
- Mohsin Y. Meghji
|
| (b) | Address of Principal Business Office, or if none, Residence: |
| | |
| 1700 Broadway, 19th Floor New York, NY 10019 |
| | |
| (c) | Citizenship: |
| | |
| See row 4 of the cover page of each Reporting Person. |
| | |
| (d) | Title of Class of Securities: |
| | |
| Class A Ordinary Shares, par value $0.0001 per share. |
| | |
| (e) | CUSIP Number: |
| | |
| G63212 107 |
| | |
ITEM 3. | IF THIS STATEMENT IS FILED PURSUANT TO §240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: |
| | |
| Not Applicable. |
| |
ITEM 4. | OWNERSHIP. M3-Brigade Sponsor V LLC (the “Sponsor”) directly owns 7,187,500 Class B ordinary shares, par value $0.0001 per share (“Class B Ordinary Shares”), of M3-Brigade Acquisition V Corp. (the “Issuer”), which are convertible into the Issuer’s Class A ordinary shares, par value $0.0001 per share (“Class A Ordinary Shares”). Such shares may be deemed to be beneficially owned by M3-Brigade Acquisition Partners V Corp. (“MBAP”), which is the general partner of the Sponsor, and Mohsin Y. Meghji, who is the sole director of MBAP. As a result of these relationships, each of the Sponsor, MBAP and Mr. Meghji may be deemed to have or share beneficial ownership of the securities held directly by the Sponsor. Each of the Sponsor, MBAP and Mr. Meghji disclaims beneficial ownership of such securities except to the extent of their direct ownership. In addition to the securities reported on the cover pages hereto, the Sponsor also directly owns 8,337,500 private placement warrants to purchase 8,337,500 Class A Ordinary Shares. The warrants become exercisable beginning 30 days after the completion of the Issuer’s initial business combination and expire five years after the completion of the Issuer’s initial business combination or earlier upon redemption or liquidation. |
CUSIP No. G63212 107 | SCHEDULE 13G | Page 6 of 8 |
| Percentage ownership is based on 28,750,000 Class A Ordinary Shares outstanding as of November 12, 2024, as reported by the Issuer in its quarterly report on Form 10-Q for the period ended September 30, 2024, and 7,187,500 Class B Ordinary Shares directly owned by the Sponsor, and assumes conversion of such Class B Ordinary Shares into Class A Ordinary Shares. |
| | |
| (a) | Amount beneficially owned: |
| | |
| | See row 9 of the cover page of each Reporting Person. |
| | |
| (b) | Percent of class: |
| | |
| | See row 11 of the cover page of each Reporting Person. |
| | |
| (c) | Number of shares as to which such person has: |
| | |
| | (i) | Sole power to vote or to direct the vote: |
| | | |
| | | See row 5 of the cover page of each Reporting Person. |
| | | |
| | (ii) | Shared power to vote or to direct the vote: |
| | | |
| | | See row 6 of the cover page of each Reporting Person. |
| | | |
| | (iii) | Sole power to dispose or to direct the disposition of: |
| | | |
| | | See row 7 of the cover page of each Reporting Person. |
| | | |
| | (iv) | Shared power to dispose or to direct the disposition of: |
| | | |
| | | See row 8 of the cover page of each Reporting Person. |
|
ITEM 5. | OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. |
| |
| If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ¨. |
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ITEM 6. | OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. |
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| Not Applicable. |
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ITEM 7. | IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. |
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| Not Applicable. |
| |
ITEM 8. | IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. |
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| Not Applicable. |
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ITEM 9. | NOTICE OF DISSOLUTION OF GROUP. |
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| Not Applicable. |
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ITEM 10. | CERTIFICATION. |
| |
| Not Applicable. |
CUSIP No. G63212 107 | SCHEDULE 13G | Page 7 of 8 |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: November 25, 2024
| M3-Brigade Sponsor V LLC | |
| a Delaware limited liability company | |
| | | |
| By: | M3-Brigade Acquisition Partners V Corp., its managing member | |
| | | |
| By: | /s/ Mohsin Y. Meghji | |
| | Name: Mohsin Y. Meghji | |
| | Title: Authorized Person | |
| | | |
| M3-Brigade Acquisition Partners V Corp. | |
| a Delaware corporation | |
| | | |
| By: | /s/ Mohsin Y. Meghji | |
| | Name: Mohsin Y. Meghji | |
| | Title: Authorized Person | |
| | | |
| Mohsin Y. Meghji | |
| | | |
| By: | /s/ Mohsin Y. Meghji | |
| | Name: Mohsin Y. Meghji | |
CUSIP No. G63212 107 | SCHEDULE 13G | Page 8 of 8 |
Exhibit Index
Exhibit No. | | Description |
Exhibit 1 | | Joint Filing Agreement, dated as of November 25, 2024, by and among M3-Brigade Sponsor V LLC, M3-Brigade Acquisition Partners V Corp. and Mohsin Y. Meghji. |
EXHIBIT 1
JOINT FILING AGREEMENT
PURSUANT TO RULE 13d-1(k)
The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.
DATE: November 25, 2024
| M3-Brigade Sponsor V LLC | |
| a Delaware limited liability company | |
| | | |
| By: | M3-Brigade Acquisition Partners V Corp., its managing member | |
| | | |
| By: | /s/ Mohsin Y. Meghji | |
| | Name: Mohsin Y. Meghji | |
| | Title: Authorized Person | |
| | | |
| M3-Brigade Acquisition Partners V Corp. | |
| a Delaware corporation | |
| | | |
| By: | /s/ Mohsin Y. Meghji | |
| | Name: Mohsin Y. Meghji | |
| | Title: Authorized Person | |
| | | |
| Mohsin Y. Meghji | |
| | | |
| By: | /s/ Mohsin Y. Meghji | |
| | Name: Mohsin Y. Meghji | |