TrueMark Investments LLC Invests $101,000 in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV)

TrueMark Investments LLC bought a new stake in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) in the 4th quarter, Holdings Channel.com reports. The fund bought 10,000 shares of the company’s stock, valued at approximately $101,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealthspring Capital LLC purchased a new position in shares of M3-Brigade Acquisition V during the fourth quarter worth $170,000. Periscope Capital Inc. acquired a new position in M3-Brigade Acquisition V during the 4th quarter worth about $2,012,000. Schechter Investment Advisors LLC purchased a new position in M3-Brigade Acquisition V during the 4th quarter valued at about $2,637,000. Wolverine Asset Management LLC grew its position in M3-Brigade Acquisition V by 173.3% in the 4th quarter. Wolverine Asset Management LLC now owns 437,258 shares of the company’s stock valued at $4,399,000 after acquiring an additional 277,258 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in M3-Brigade Acquisition V during the fourth quarter worth about $4,024,000.

M3-Brigade Acquisition V Stock Performance

Shares of MBAV opened at $10.25 on Thursday. The stock’s 50-day simple moving average is $10.15. M3-Brigade Acquisition V Corp. has a 1 year low of $9.97 and a 1 year high of $10.53.

M3-Brigade Acquisition V Profile

M3-Brigade Acquisition V Corp. is a blank check company. It formed for the purpose of effecting a merger, consolidation, capital stock exchange, share exchange, asset acquisition, share purchase, stock purchase, reorganization or similar business combination with one or more businesses. M3-Brigade Acquisition V Corp.