secwatch.observer — SEC 8-K summary
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Issuer:     M3-Brigade Acquisition III Corp. (—)
CIK:        0001856589
Form:       8-K
Filed at:   2023-09-21T23:59:59+00:00
Accession:  0001213900-23-078351
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.01, 3.01, 5.01, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenfire Resources completes business combination with MBSC, lists on NYSE under GFR
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- Deal valued at US$950M; 95.2% of MBSC shareholders voted in favor.
- MBSC public warrants exchanged for $0.50 each; MBSC delisted from NYSE.
- Greenfire issued US$300M senior secured notes due 2028 at 12% coupon, retired old notes.
- New C$50M revolving credit facilities with Bank of Montreal; pro-forma cash ~C$43M.
- Former Greenfire equity holders hold ~87% of combined company; Matthew Perkal joins board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856589/000121390023078351/0001213900-23-078351-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856589/000121390023078351/ea185502-8k425_m3briga3.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-078351

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer