M3-Brigade Acquisition III Corp. is a special purpose acquisition company listed on the New York Stock Exchange under the trading symbol “MBSC” organized by the founders and senior executives of M3 Partners, LP and Brigade Capital Management, LP for the purpose of effecting a merger, stock purchase or similar business combination with one or more businesses.
Company profile
Ticker
MBSC
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Latest filings (excl ownership)
15-12G
Securities registration termination
2 Oct 23
425
Business combination disclosure
21 Sep 23
8-K
Entry into a Material Definitive Agreement
21 Sep 23
25-NSE
Exchange delisting
21 Sep 23
8-K
Submission of Matters to a Vote of Security Holders
12 Sep 23
425
Business combination disclosure
5 Sep 23
425
Business combination disclosure
5 Sep 23
425
Business combination disclosure
5 Sep 23
8-K
Entry into a Material Definitive Agreement
5 Sep 23
10-Q
2023 Q2
Quarterly report
18 Aug 23
Latest ownership filings
SC 13G/A
CANTOR FITZGERALD SECURITIES
12 Feb 24
4
Mohsin Y Meghji
22 Sep 23
4
Change in insider ownership
22 Sep 23
3
WILLIAM L TRANSIER
10 Nov 22
3
Alan Jeffrey Carr
10 Nov 22
SC 13G/A
Beryl Capital Management LLC
11 Feb 22
SC 13G/A
MMCAP International Inc. SPC
7 Feb 22
SC 13G
M3-Brigade Sponsor III LP
31 Jan 22
SC 13G
CANTOR FITZGERALD SECURITIES
17 Nov 21
SC 13G
Beryl Capital Management LLC
29 Oct 21
Financial summary
Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
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Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 498.09 k | 498.09 k | 498.09 k | 498.09 k | 498.09 k | 498.09 k |
Cash burn (monthly) | (no burn) | 54.58 k | (no burn) | (no burn) | (no burn) | 101.80 k |
Cash used (since last report) | n/a | 652.57 k | n/a | n/a | n/a | 1.22 mm |
Cash remaining | n/a | -154.48 k | n/a | n/a | n/a | -718.99 k |
Runway (months of cash) | n/a | -2.8 | n/a | n/a | n/a | -7.1 |
Institutional ownership, Q3 2023
10.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 0 |
Closed positions | 76 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 74.03 mm |
Total shares | 7.50 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
M3-Brigade Sponsor III | 7.50 mm | $74.03 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Sep 23 | M3-Brigade Sponsor III | Class B Common Stock Class A Common Stock | Conversion | Dispose C | No | No | 0 | 7,100,000 | 0.00 | 0 |
20 Sep 23 | M3-Brigade Sponsor III | Class B Common Stock Class A Common Stock | Other | Dispose J | No | No | 0 | 400,000 | 0.00 | 7,100,000 |
20 Sep 23 | Meghji Mohsin Y | Class B Common Stock Class A Common Stock | Conversion | Dispose C | Yes | No | 0 | 7,100,000 | 0.00 | 0 |
20 Sep 23 | Meghji Mohsin Y | Class B Common Stock Class A Common Stock | Other | Dispose J | Yes | No | 0 | 400,000 | 0.00 | 7,100,000 |