Major Sponsor Group Cantor Fitzgerald Exits Entire Stake in M3-Brigade Acquisition V Corp. Post-Merger Announcement

summarizeSummary

Cantor Fitzgerald and affiliated entities, including Brandon Lutnick, have fully divested their entire 21.76% stake in M3-Brigade Acquisition V Corp. through an $84 million sale, marking their complete exit as a reporting person.

check_boxKey Events · Ownership and Investor Activity · MBAV

• Full Divestment by Sponsor Group

  Cantor Fitzgerald and affiliated entities, including Brandon Lutnick, have fully exited their beneficial ownership in M3-Brigade Acquisition V Corp.

• Significant Share Sale

  7,779,865 Class A Ordinary Shares were sold on March 24, 2026, in privately negotiated transactions at $10.80 per share, totaling approximately $84 million.

• Post-Merger Announcement Exit

  This complete divestment follows the company's recent announcement of a definitive merger agreement with ReserveOne, Inc. and a $750 million PIPE financing.

auto_awesomeAnalysis · MBAV · Real Estate & Construction

This Schedule 13D/A reports the complete divestment by Cantor Fitzgerald, L.P., CF Group Management Inc., Cantor Fitzgerald & Co., Cantor Fitzgerald Securities, and Brandon Lutnick of their entire beneficial ownership in M3-Brigade Acquisition V Corp. The sale of 7,779,865 Class A Ordinary Shares for approximately $84 million occurred on March 24, 2026, shortly after the company announced a definitive merger agreement with ReserveOne, Inc. and a significant PIPE financing. This "exiting filing" indicates a lack of long-term conviction from a key sponsor group following the merger announcement, which could be viewed negatively by investors.