| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Other | - | 0 | ||
| Cash | 1,683,134 | 799,996 | ||
| Prepaid expenses, current | 235,781 | 242,230 | ||
| Due from related party-Related Party | 527 | 527 | ||
| Total current assets | 1,919,442 | 1,042,753 | ||
| Long-term prepaid expense | 3,839 | 20,291 | ||
| Investments held in trust account | 303,948,781 | 300,806,115 | ||
| Total assets | 305,872,062 | 301,869,159 | ||
| Accrued expenses | 4,159,623 | 939,767 | ||
| Convertible promissory note related party-Related Party | 2,000,000 | 500,000 | ||
| Accrued offering costs | - | 250,000 | ||
| Advances from related party-Related Party | 24,440 | 0 | ||
| Total current liabilities | 6,184,063 | 1,689,767 | ||
| Deferred underwriting fee payable | 13,400,000 | 13,400,000 | ||
| Total liabilities | 19,584,063 | 15,089,767 | ||
| Class a ordinary shares subject to possible redemption, 28,750,000 shares at redemption value of approximately 10.57 and 10.25 per share as of september 30, 2025 and december 31, 2024, respectively-Common Class A | 303,948,781 | 300,806,115 | ||
| Ordinary shares, value-Common Class B | 719 | 719 | ||
| Ordinary shares value-Common Class A | - | 0 | ||
| Additional paid-in capital | - | 0 | ||
| Accumulated deficit | -17,661,501 | -14,027,442 | ||
| Total shareholders deficit | -17,660,782 | -14,026,723 | ||
| Total liabilities, ordinary shares subject to possible redemption and shareholders deficit | 305,872,062 | 301,869,159 | ||
M3-Brigade Acquisition V Corp. (MBAV)
M3-Brigade Acquisition V Corp. (MBAV)