MBAV News & Events

ReserveOne and ReserveOne Holdings announced that, in connection with the previously disclosed proposed business combination with M3-Brigade Acquisition V Corp., Pubco has publicly filed an amendment to the registration statement on Form S-4 with the U.S. Securities and Exchange Commission. This amendment follows Pubco's previous public filing of the Registration Statement on December 5, 2025, and reflects additional progress in the SEC review process. Subject to the completion of the SEC review process and satisfaction of customary closing conditions, including the approval of M3-Brigade's shareholders, Pubco is expected to be listed on Nasdaq under the ticker symbol "RONE" upon the closing of the transaction. The Registration Statement contains a preliminary proxy statement of M3-Brigade and a prospectus of Pubco relating to the proposed business combination. While the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides updated and important information regarding ReserveOne, M3-Brigade, Pubco, as well as the proposed business combination.

ReserveOne announced that, in connection with the previously disclosed proposed business combination with M3-Brigade Acquisition V Corp., Pubco has publicly filed a registration statement on Form S-4 with the U.S. Securities and Exchange Commission. This filing follows Pubco's confidential submission of a draft registration statement on Form S-4, as previously announced on September 23, 2025, and reflects ongoing progress in the SEC review process. Subject to the completion of the SEC review process and satisfaction of customary closing conditions, including the approval of M3-Brigade's shareholders, Pubco is expected to be listed on Nasdaq under the ticker symbol "RONE" upon the closing of the transaction.

ReserveOne has entered into a definitive business combination agreement with M3-Brigade Acquisition V Corp. ReserveOne will hold and manage a diverse basket of cryptocurrencies anchored with Bitcoin, and including Ethereum, Solana, and others with the potential for yield generation through institutional staking and lending. The transaction is expected to provide more than $1B in gross proceeds, including up to approximately $297.7M of capital held in M3-Brigade's trust account and an aggregate of $750M in committed capital from leading institutional investors pursuant to subscription agreements, consisting of $500M of common equity and warrants, and an aggregate principal amount of $250M in convertible notes. The PIPE Offerings included participation by prominent strategic investors, including Blockchain.com, CC Capital, FalconX, Galaxy Digital, Hivemind Capital, Kraken, Mantle, Monarq Asset Management, Origin Protocol, Pantera Capital, ParaFi Capital, and Republic Digital. The PIPE Offerings will close contemporaneously with the proposed business combination. This capital is expected to accelerate ReserveOne's growth and strategy, solidifying its position as a category-defining platform in the digital asset ecosystem. ReserveOne will be led by CEO Jaime Leverton, an industry veteran who previously served as CEO of Hut 8, the first publicly traded company to hold Bitcoin on its balance sheet. Sebastian Bea will serve as President and Head of Investment at ReserveOne, bringing deep expertise at the intersection of traditional finance and digital assets. He previously led Coinbase Asset Management. Upon closing, the board of directors of ReserveOne is expected to include Executive Chairman Reeve Collins, co-founder of Tether and CEO of M3-Brigade; Wilbur Ross, former U.S. Secretary of Commerce; Gabriel Abed, Chairman of the largest crypto exchange; Chinh Chu, Founder and Senior Managing Director of CC Capital, and John D'Agostino, Coinbase Head of Strategy - Institutional. Shares, warrants, and units of M3-Brigade will continue to trade on Nasdaq under the symbol "MBAV", "MBAVW" and "MBAVU", respectively, until the closing of the proposed business combination. Following the closing of the proposed business combination, ReserveOne's shares and warrants are expected to trade after closing under the ticker symbol "RONE" and "RONEW", respectively. The board of directors of ReserveOne, and the board of directors of M3-Brigade, and a special committee of disinterested and independent directors of M3-Brigade, have unanimously approved the proposed business combination. The transactions are expected to close in Q4 2025, subject to shareholder approval and other customary closing conditions.

M3-Brigade Acquisition V announced the closing of a transaction in which MI7 Sponsor, a Delaware limited liability company and a CC Capital affiliate, along with Reeve Collins, purchased 7,187,500 Class B ordinary shares and 5,043,750 private placement warrants of M3-Brigade owned by M3-Brigade Sponsor V LLC, a Delaware limited liability company, for an aggregate purchase price of $6,467,500. Additionally, the New Sponsor expects to purchase 3,293,750 additional private placement warrants of M3-Brigade from Cantor Fitzgerald & Co. Following the transactions, M3-Brigade intends to seek a business combination target in industries relating to digital assets. The company plans to change its name to CCRC Digital Assets. In connection with the transactions, Tether's co-founder Reeve Collins was named chief executive officer and CC Capital's Chinh Chu was named president. In addition, M3-Brigade appointed Thomas L. Fairfield and Edward Murphy as new members of the board of directors. Collins is a long-time innovator in the digital asset space, best known for co-founding and serving as the founding chief executive officer of Tether, the first and most widely adopted stablecoin. Fairfield is chief financial and operating officer at byNordic Acquisition. He has provided strategic business consulting services through Cambio Group, which he founded in 2018. Murphy is a veteran finance executive with 30+ years of experience across fixed-income and real estate markets.