DLD Asset Management LP Takes Position in M3-Brigade Acquisition V Corp. $MBAV

DLD Asset Management LP bought a new stake in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 60,000 shares of the company’s stock, valued at approximately $644,000. DLD Asset Management LP owned 0.17% of M3-Brigade Acquisition V at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Saba Capital Management L.P. acquired a new position in shares of M3-Brigade Acquisition V in the fourth quarter valued at about $151,000. Hudson Bay Capital Management LP purchased a new position in shares of M3-Brigade Acquisition V in the fourth quarter worth about $159,000. Prelude Capital Management LLC acquired a new stake in shares of M3-Brigade Acquisition V during the third quarter worth about $281,000. Sandia Investment Management LP purchased a new stake in M3-Brigade Acquisition V in the second quarter valued at approximately $334,000. Finally, Susquehanna International Group LLP purchased a new stake in M3-Brigade Acquisition V in the third quarter valued at approximately $586,000.

M3-Brigade Acquisition V Stock Down 3.4%

NASDAQ:MBAV opened at $10.77 on Thursday. The company has a 50 day moving average price of $10.81 and a 200-day moving average price of $10.76. M3-Brigade Acquisition V Corp. has a 1-year low of $9.10 and a 1-year high of $11.96.

M3-Brigade Acquisition V (NASDAQ:MBAV) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.05 earnings per share (EPS) for the quarter.

Analysts Set New Price Targets

Several brokerages recently weighed in on MBAV. Wall Street Zen upgraded shares of M3-Brigade Acquisition V to a “sell” rating in a report on Saturday, June 27th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of M3-Brigade Acquisition V in a report on Wednesday, June 24th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

M3-Brigade Acquisition V 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.