Who is behind MBVI? M3-Brigade (Mohsin Meghji)

M3-Brigade — Mohsin Meghji's franchise. Prior-vehicle track record (SEC-verified): (1) M3-Brigade Acquisition III COMPLETED → Greenfire Resources (GFR, 2023; confirmed via 425 filings). (2) M3-Brigade II LIQUIDATED (25-NSE 2023-12). (3) M3-Brigade V (renamed Velos Acquisition I) in-deal (DEFM14A 2026-05). Current vehicle MBVI searching. Net: 1 completed deSPAC, 1 liquidation, 1 in-deal. Sources: SEC EDGAR submissions API (formerNames) + full-text search, efts.sec.gov. — research profile — M3-Brigade is a SPAC sponsor franchise built on the partnership of M3 Partners, LP, a New York-based restructuring and merchant banking advisory firm founded by Mohsin Y. Meghji, and Brigade Capital Management, LP, a credit-focused global investment advisor with approximately $25 billion in assets under management. Meghji, a nationally recognized turnaround professional with more than 30 years of experience, serves as Executive Chairman across the vehicles, while Matthew Perkal, who leads industry coverage at Brigade Capital, serves as CEO and Director. Charles E. Garner rounds out the team as CFO. Meghji's day job is deeply rooted in distressed situations: he has served as Chief Restructuring Officer or in analogous roles for a long list of bankruptcy cases including Sears Holdings, Barneys, Sanchez Energy, Sable Permian Resources, Seadrill Partners, Sorrento Therapeutics, True Value, Mondee Holdings, and Zachry Holdings, and his firm M3 Partners has been involved in high-profile crypto bankruptcies such as BlockFi, Celsius, Genesis Global, Voyager Digital, and Coin Cloud. His most recent corporate management role was as EVP and Head of Strategy at Springleaf (now OneMain Holdings), where he helped guide the subprime lender from operating losses to profitability and a 2013 IPO at a $1.95 billion valuation. The sponsor's track record across its prior vehicles is mixed and increasingly troubled. The first vehicle, M III Acquisition Corp. (2015–2019), completed a business combination in March 2018 to create Infrastructure and Energy Alternatives (IEA), a renewable energy EPC company that was ultimately acquired by MasTec in October 2022 at a valuation of approximately $1.1 billion, representing the franchise's clearest success. The second vehicle, M3-Brigade Acquisition II Corp., raised $400 million in a March 2021 IPO but failed to identify a target and liquidated in December 2023, returning capital to trust holders. The third vehicle, M3-Brigade Acquisition III Corp., priced a $261 million IPO in October 2021 and completed its combination with oil sands producer Greenfire Resources in September 2023 at a $950 million valuation, but the de-SPAC stock traded approximately 42% below the $10 offer price post-close. The fourth vehicle, M3-Brigade Acquisition IV Corp., filed to go public in June 2021 but withdrew its S-1 registration in March 2022 before reaching the market, never completing an IPO. The most significant red flags surround the fifth vehicle, M3-Brigade Acquisition V Corp., which raised $287.5 million in August 2024 with a mandate targeting the North American energy sector. In May 2025, less than a year after the IPO, the original sponsor sold all Class B founder shares and private placement warrants to MI7 Sponsor, LLC

1 sentence withheld from the text above. It stated a vehicle count (six vehicles) that does not reconcile with the record we counted: 4 vehicles — 1 in the live database and 3 SEC-verified prior vehicles. Neither side has been corrected here, and the stored research is unchanged; a count we cannot reconcile is not a count we will publish.