- SPACs
- M3-Brigade Acquisition II Corp.
M3-Brigade Acquisition II Corp.
Liquidated 2023-11-30- CIK 1839175
- MBAC
- IPO 2021-03-05
- $47.8M trust
- 127 filings
- IPO Size
- $400M
- raised at the IPO
- Trust
- $47.8M
- as of 2023-09-30
- Current Status
- Failed
- from its latest filing
- IPO Year
- 2021
- year it listed
Filings, by quarter
127 filings over 13 quarters; violet bars carry a milestone
- 21 Q1: 24 filings
- 21 Q2: 4 filings
- 21 Q3: 8 filings
- 21 Q4: 16 filings
- 22 Q1: 31 filings
- 22 Q2: 8 filings
- 22 Q3: 1 filing
- 22 Q4: 8 filings
- 23 Q1: 15 filings
- 23 Q2: 3 filings
- 23 Q3: 2 filings
- 23 Q4: 5 filings
- 24 Q1: 2 filings
- S-1 filed 21 Q1
- IPO 21 Q1
- Liquidated 23 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2021-01-15 Filed S1
- IPO2021-03-05 IPO, search begins
- Definitive AgreementNo merger agreement yet
- Failed2023-11-30 Failed
About
A newly formed blank-check company seeking a business combination with companies based in North America affected positively or negatively by the COVID-19 pandemic, or businesses in renewable energy and related products or services, with an emphasis on sustainability. It seeks businesses with an enterprise value generally of at least $1 billion.
Investment Focus
Distressed/Opportunistic, Renewable Energy
Geographic Focus
North America
Key Information
As the filings state it
- IPO Date
- 2021-03-05
- Total Redemptions
- $360M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Failed Date
- 2023-11-30
- SPAC Ticker
- MBAC
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
Led by Mohsin Y. Meghji, William Gallagher, Charles Garner and Matthew Perkal, with backgrounds in turnarounds, M&A, finance, restructuring and private credit; the team combines M-III Partners' merchant banking and restructuring expertise with Brigade Capital Management's investment and credit-research experience, and includes executives who previously completed a SPAC combination with Infrastructure and Energy Alternatives.