--- schema_version: "secwatch.filing_event.v1" accession: "0001213900-25-047578" form_type: "8-K" ticker: "MBAV" cik: "0002016072" company_name: "M3-Brigade Acquisition V Corp." filed_at: "2025-05-27T23:59:59+00:00" generated_at: "2026-05-20T11:41:55.257010+00:00" event_type: "leadership" sentiment: "neutral" materiality_score: 0.9 calibrated_materiality_score: 0.9 confidence: "high" source: SEC EDGAR --- # M3-Brigade Acquisition V Corp. Completes Sponsor Change and Appoints Tether Co-Founder as CEO ## Summary - MI7 Sponsor, a CC Capital affiliate, purchased 7,187,500 Class B shares and 5,043,750 warrants for $6,467,500 from original sponsor. - New Sponsor also agreed to buy 3,293,750 private placement warrants from Cantor Fitzgerald & Co. - Tether co-founder Reeve Collins named CEO; CC Capital's Chinh Chu named President. - Board adds Thomas L. Fairfield and Edward Murphy as new directors. - Company plans to pursue digital assets acquisition and rename to CCRC Digital Assets Corp. ## SEC filing metadata - accession: 0001213900-25-047578 - form_type: 8-K - ticker: MBAV - cik: 0002016072 - company_name: M3-Brigade Acquisition V Corp. - filed_at: 2025-05-27T23:59:59+00:00 - event_type: leadership - sentiment: neutral - materiality_score: 0.9 - calibrated_materiality_score: 0.9 - confidence: high - sec_items: 1.01, 5.01, 5.02, 7.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/2016072/000121390025047578/0001213900-25-047578-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2016072/000121390025047578/ea0243444-8k_m3brigade5.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001213900-25-047578 - JSON: https://secwatch.observer/filing/0001213900-25-047578.json - Plain text: https://secwatch.observer/filing/0001213900-25-047578.txt ## Key facts - Executive change Ted Murphy was appointed as Director at M3-Brigade Acquisition V Corp.. - Action: appointed - Role: Director source text: Effective on May 27, 2025, (i) Thomas L. Fairfield was appointed to the Board as a Class II director and (ii) Ted Murphy was appointed to the Board as a Class I director. evidence_url: https://www.sec.gov/Archives/edgar/data/2016072/000121390025047578/0001213900-25-047578-index.htm - Executive change Fredrick Arnold resigned as Director at M3-Brigade Acquisition V Corp.. - Action: resigned - Role: Director source text: Effective on May 21, 2025, Fredrick Arnold resigned from the Board as well as each of the Compensation Committee and the Audit Committee of the Board. evidence_url: https://www.sec.gov/Archives/edgar/data/2016072/000121390025047578/0001213900-25-047578-index.htm - Executive change Matthew Perkal was appointed as Chief Operating Officer at M3-Brigade Acquisition V Corp.. - Action: resigned as Chief Executive Officer and appointed as Chief Operating Officer - Role: Chief Operating Officer source text: Effective on May 27, 2025, Matthew Perkal resigned as the Chief Executive Officer, and was appointed as Chief Operating Officer. evidence_url: https://www.sec.gov/Archives/edgar/data/2016072/000121390025047578/0001213900-25-047578-index.htm - Executive change Chinh Chu was appointed as President at M3-Brigade Acquisition V Corp.. - Action: appointed - Role: President source text: Effective on May 27, 2025, the Board appointed Chinh Chu as President of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/2016072/000121390025047578/0001213900-25-047578-index.htm - Executive change Thomas L. Fairfield was appointed as Director at M3-Brigade Acquisition V Corp.. - Action: appointed - Role: Director source text: Effective on May 27, 2025, (i) Thomas L. Fairfield was appointed to the Board as a Class II director and (ii) Ted Murphy was appointed to the Board as a Class I director. evidence_url: https://www.sec.gov/Archives/edgar/data/2016072/000121390025047578/0001213900-25-047578-index.htm - Executive change Mohsin Y. Meghji changed role as Chairman at M3-Brigade Acquisition V Corp.. - Action: will no longer serve as Executive Chairman but will remain as Chairman - Role: Chairman source text: Additionally, effective as of May 27, 2025, Mohsin Y. Meghji will no longer serve as Executive Chairman but will remain on the Board as Chairman. evidence_url: https://www.sec.gov/Archives/edgar/data/2016072/000121390025047578/0001213900-25-047578-index.htm - M&A Transactions M3-Brigade Acquisition V Corp. completed a disposition involving MI7 Sponsor, LLC for $6,467,500 (closed 2025-05-27). - Action: disposition - Counterparty: MI7 Sponsor, LLC - Consideration: $6,467,500 - Closing: 2025-05-27 source text: the Original Sponsor agreed to sell, and the New Sponsor agreed to purchase, 7,187,500 Class B ordinary shares, par value $0.0001 per share, and 5,043,750 private placement warrants of the Company owned by the Original Sponsor (collectively, the "Transferred Sponsor SPAC Securities") for an aggregate purchase price of $6,467,500 evidence_url: https://www.sec.gov/Archives/edgar/data/2016072/000121390025047578/0001213900-25-047578-index.htm - M&A Transactions M3-Brigade Acquisition V Corp. underwent a change of control involving MI7 Sponsor, LLC for $6,467,500 (closed 2025-05-27). - Action: change of control - Counterparty: MI7 Sponsor, LLC - Consideration: $6,467,500 - Closing: 2025-05-27 source text: 5,043,750 private placement warrants of the Company owned by the Original Sponsor (collectively, the “Transferred Sponsor SPAC Securities”) for an aggregate purchase price of $6,467,500 (the “Closing Cash Purchase Price”). The transactions contemplated by the Agreement were consummated on May 27, 2025 (the “Closing”). The Agreement contains representations and evidence_url: https://www.sec.gov/Archives/edgar/data/2016072/000121390025047578/0001213900-25-047578-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.