M3-Brigade Acquisition II in a proxy filing called a March 7 meeting for shareholders to vote on whether to extend the SPAC’s termination date from March 8 to Dec. 8. No other business is scheduled.
The SPAC a year ago scrapped a deal with Syniverse, which provides mobile platforms for carriers and enterprises, noting that redemptions surpassed the minimum cash condition for closing.
M3-Brigade II raised $400 million in a March 2021 IPO with plans to target North American businesses or companies with an enterprise value of at least $1 billion and have been impacted by the COVID-19 pandemic, or businesses in the renewable energy sector. Read more.
