Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
M3-Brigade Acquisition V Corp. incurred loan of up to an aggregate principal amount of $2,000,000 with MI7 Sponsor, LLC at no interest maturing upon the consummation of the Company's initial business combination.
- Instrument
- loan
- Principal
- up to an aggregate principal amount of $2,000,000
- Counterparty
- MI7 Sponsor, LLC
- Rate
- no interest
- Maturity
- upon the consummation of the Company's initial business combination
- Event
- incurrence
Exact text from the filing
On February 18, 2026, M3-Brigade Acquisition V Corp. (the “ Company ”) issued a promissory note (the “ Note ”) to MI7 Sponsor, LLC (the “ Sponsor ”), the Company’s sponsor, pursuant to which the Company can borrow up to an aggregate principal amount of $2,000,000 from the Sponsor.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
M3-Brigade Acquisition V Corp. entered into Promissory Note with MI7 Sponsor, LLC valued at up to $2,000,000; initial draw $600,000 (effective 2026-02-18).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- MI7 Sponsor, LLC
- Value
- up to $2,000,000; initial draw $600,000
- Effective
- 2026-02-18
Exact text from the filing
On February 18, 2026, M3-Brigade Acquisition V Corp. (the “ Company ”) issued a promissory note (the “ Note ”) to MI7 Sponsor, LLC (the “ Sponsor ”), the Company’s sponsor, pursuant to which the Company can borrow up to an aggregate principal amount of $2,000,000 from the Sponsor.
View on SEC.gov