We are a newly organized blank check company that will focus on the energy sector (or related products and services) in North America. This blank check company or SPAC (special-purpose acquisition company) is the fifth SPAC – as the name indicates – under the joint flag  of M3 Partners and Brigade. (Incorporated in the Cayman Islands)

Mohsin Y. Meghji serves as our CEO and chairman of our board of directors. Mr. Meghji was the principal sponsor of the Initial SPAC from 2015 to 2019, the second SPAC from 2020 to 2023, the third SPAC from 2021 to 2023, and the fourth SPAC from 2021 to 2022. Mr. Meghji has served as the managing partner of M3 Partners since 2015. He is a nationally recognized U.S. turnaround professional with a track record of building value across a wide range of sectors, including power, energy and industrials.

We intend to focus our efforts on seeking and consummating an initial business combination with a company whose enterprise value is at least $1 billion, although a target entity with a smaller or larger enterprise value may be considered.

We believe that the energy sector is in transition and that well-capitalized companies will have the opportunity for substantial growth — both organically and through attractive acquisition opportunities — as this transition continues. We also anticipate that a focus with a target company with a strong sustainability component will help drive incremental future growth and multiple expansion as investors and customers are demonstrating an increasing focus on sustainability as a key requirement for investment or purchases. 

(Note: M3-Brigade Acquisition V Corp. priced its SPAC IPO in sync with the terms in the prospectus – 25.0 million units at $10.00 each – and raised $250 million on Wednesday night, July 31, 2024. Each unit consists of one Class A ordinary share of common stock and one-third of one redeemable warrant.)

(Background: M3-Brigade Acquisition V Corp. disclosed the terms of its SPAC IPO on June 5, 2024, in an S-1 filing: 25.0 million units at $10.00 each to raise $250.0 million.)