Polar Asset Management Partners Inc. Buys 469,678 Shares of M3-Brigade Acquisition V Corp. $MBAV

Polar Asset Management Partners Inc. grew its position in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) by 64.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,200,005 shares of the company’s stock after purchasing an additional 469,678 shares during the period. Polar Asset Management Partners Inc. owned about 3.34% of M3-Brigade Acquisition V worth $12,660,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in MBAV. Geode Capital Management LLC acquired a new stake in shares of M3-Brigade Acquisition V during the 2nd quarter worth about $1,978,000. Magnetar Financial LLC acquired a new position in M3-Brigade Acquisition V in the second quarter valued at about $26,254,000. JPMorgan Chase & Co. acquired a new position in M3-Brigade Acquisition V in the second quarter valued at about $900,000. Clear Street LLC grew its stake in M3-Brigade Acquisition V by 2,280.8% during the second quarter. Clear Street LLC now owns 32,069 shares of the company’s stock worth $362,000 after buying an additional 30,722 shares during the last quarter. Finally, Harraden Circle Investments LLC bought a new stake in M3-Brigade Acquisition V during the second quarter worth about $28,818,000.

Analyst Upgrades and Downgrades

MBAV has been the subject of a number of research analyst reports. Wall Street Zen upgraded shares of M3-Brigade Acquisition V to a “sell” rating in a research note on Saturday, March 14th. Weiss Ratings restated a “sell (d-)” rating on shares of M3-Brigade Acquisition V in a research report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, M3-Brigade Acquisition V currently has an average rating of “Sell”.

M3-Brigade Acquisition V Stock Up 0.4%

M3-Brigade Acquisition V stock opened at $10.70 on Thursday. The stock has a 50-day simple moving average of $10.68 and a 200 day simple moving average of $10.63. M3-Brigade Acquisition V Corp. has a 12-month low of $10.19 and a 12-month high of $13.73.

M3-Brigade Acquisition V Company Profile

M3-Brigade Acquisition V is a special purpose acquisition company (SPAC) sponsored by M3 Inc, a global healthcare information and technology provider, and Brigade Capital Management, an investment management firm. The company is structured as a blank‐check vehicle listed on the Nasdaq Stock Market under the ticker MBAV, with the objective of identifying and completing a business combination in the healthcare, life sciences or related sectors.

The company benefits from the operational expertise of M3’s digital health platform and real‐world data capabilities, combined with Brigade’s deep experience in credit and asset management.