---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-068287"
form_type: "8-K"
ticker: "MBAV"
cik: "0002016072"
company_name: "M3-Brigade Acquisition V Corp."
filed_at: "2026-06-12T20:23:48+00:00"
generated_at: "2026-06-12T20:43:11.025688+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MBAV terminates ReserveOne merger, seeks 1-year extension to Aug 2027

## Summary
- Mutually terminated BCA with ReserveOne effective June 12, 2026 citing changed digital asset market conditions.
- Entered Securities Purchase Agreements: Sponsor to sell 4,279,279 Class A shares at $3.33/share for $14.25M gross proceeds.
- Voting and Non-Redemption Agreements: investors agree not to redeem ~16M shares in exchange for up to 8M private placement warrants.
- Proposes shareholder meeting to extend business combination deadline to Aug 2, 2027, rename to Velos Acquisition I Corp.
- Cancelled the June 15/18 extraordinary meeting related to the ReserveOne deal.

## SEC filing metadata
- accession: 0001213900-26-068287
- form_type: 8-K
- ticker: MBAV
- cik: 0002016072
- company_name: M3-Brigade Acquisition V Corp.
- filed_at: 2026-06-12T20:23:48+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2016072/000121390026068287/0001213900-26-068287-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2016072/000121390026068287/ea0294556-8k425_m3brigade5.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-068287
- JSON: https://secwatch.observer/filing/0001213900-26-068287.json
- Plain text: https://secwatch.observer/filing/0001213900-26-068287.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.