debt
confidence high
sentiment neutral
materiality 0.25
M3-Brigade V borrows $600K from sponsor under $2M promissory note
M3-Brigade Acquisition V Corp.
- Issued $2M promissory note to sponsor MI7 Sponsor, LLC on Feb 18, 2026.
- Initial draw of $600,000 for general working capital.
- Note bears no interest, payable upon consummation of business combination.
- If no business combination, repayment limited to funds outside trust account.
- Sponsor waives any claim against the trust account.
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