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M3-Brigade Acquisition II Priced, NYSE: MBAC

Second blank check company formed by turnaround veteran Mohsin Meghji (liquidated).

Industry: SPAC

Latest Trade: $10.59 0.00 (0.0%)

First Day Return: 0.0%

Return from IPO: +5.9%

Industry: SPAC

We are a newly organized blank check company. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with respect to identifying any business combination target. We are led by the team that organized M III Acquisition Corp. (the “Initial SPAC”) and managed it through an initial business combination in March 2018 to create Infrastructure and Energy Alternatives, Inc. (NASDAQ:IEA). Following the consummation of such initial business combination, our Chairman and Chief Executive Officer served as Chairman of the Board of Infrastructure and Energy Alternatives, Inc. (“IEA”) until January 2020 and one of our Executive Vice Presidents continues to serve as a Director of IEA. IEA is a leading engineering, procurement and construction (“EPC”) company which specializes in renewable energy infrastructure. IEA believes that it holds a leading market share in construction of utility-scale wind farms in the US. It also has a growing market share in utility-scale solar farms and heavy civil contracting. We added Brigade to the team to support the successful execution of our business plan.
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IPO Data
IPO File Date 02/16/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 40.0
Deal Size ($mm) $400
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/03/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 40.0
Deal Size ($mm) $400
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cantor Fitzgerald
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees 3
Website m3-partners.com

M3-Brigade Acquisition II (MBAC) Performance