M3-Brigade Acquisition V Corp. 8-K

What Happened

• On February 17, 2026, M3-Brigade Acquisition V Corp. filed a Form 8-K (and referenced a Form S-4) disclosing that, as of December 31, 2025, it held approximately $306.88 million in cash and marketable securities in its trust account. The figure is unaudited, preliminary, prepared by management and subject to year‑end close procedures and review. The company’s independent auditor has not audited or reviewed this preliminary amount. Final audited results for the year will appear in the company’s Form 10‑K and may differ materially.
• The disclosure is made in connection with the proposed business combination among M3‑Brigade Acquisition V, ReserveOne, Inc., ReserveOne Holdings, Inc. (Pubco) and related parties; the S-4 includes the proxy/prospectus for that transaction.

Key Details

• Reported trust account balance: approximately $306.88 million (cash and marketable securities) as of Dec 31, 2025.
• Filing date: Form 8‑K dated February 17, 2026; information appears in the Form S‑4 for the proposed Business Combination.
• Status: Amount is unaudited and preliminary — subject to year‑end close, review and potential change; independent accountants have not provided assurance.
• Final audited figures will be included in the company’s Annual Report on Form 10‑K.

Why It Matters

• For investors, the trust account balance is a key indicator of the cash available to fund the proposed merger and post‑transaction operations; changes to the preliminary amount could affect deal economics and available cash.
• Because the amount is preliminary and unaudited, investors should rely on the forthcoming Form 10‑K and the definitive proxy/prospectus in the S‑4 for complete, audited financial information and other material risk disclosures before making investment or voting decisions.
• Investors can obtain the S‑4, definitive proxy/prospectus and other filings free from the SEC website (www.sec.gov) or by contacting M3‑Brigade Acquisition V or ReserveOne as noted in the filings.