M3-Brigade Acquisition II Corp. (MBAC.U) Prices $400M IPO

M3-Brigade Acquisition II Corp. announced the pricing of its $400 million IPO this evening and its shares are expected to begin trading on the NYSE under the symbol “MBAC.U,” Thursday, March 4.

M3-Brigade company aims to combine with a renewable energy opportunity and is led by Chairman of the Board of Directors and Chief Executive Officer Mohsin Meghji.

Total SPAC deal count for 2021 year-to-date is now 210. This offering is expected to close on Monday, March 8.

Cantor Fitzgerald & Co. is acting as the sole book-running manager of the offering.  Latham & Watkins LLP is serving as Issuer’s Counsel with Skadden, Arps, Slate, Meagher & Flom LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.