Cantor Fitzgerald & Co. and several related entities disclosed a disposal of M3-Brigade Acquisition V Corp. (EXCHANGE:MBAV) shares that generated total proceeds of $84,022,542. According to the Form 4 filing, the sale took place on March 24, 2026, and consisted of 7,779,865 shares sold at a price of $10.80 per share.
The filing lists the involved parties as Cantor Fitzgerald, L.P., Cantor Fitzgerald & Co., Cantor Fitzgerald Securities, CF Group Management Inc., and Brandon Lutnick. For each of these reporting persons and entities, the filing entry under the "otherText" field reads "See Remarks," indicating there may be additional information relevant to their reporting status contained elsewhere in the filing.
Per the Form 4, following the reported transactions the reporting persons no longer hold 10% or more of the issuer’s outstanding Class A Ordinary Shares. The filing further states that the reporting persons are submitting this Form 4 to reflect that they are no longer Reporting Persons of the issuer.
Observers will note the timing of the disclosure - the transactions occurred on March 24, while the issuer’s next scheduled earnings report is set for March 27, two days later. The filing itself characterizes the timing as notable.
The disclosure furnishes the precise share count, sale price, and aggregate proceeds, and identifies the specific Cantor Fitzgerald-related entities and the individual named in the report. It also documents the change in ownership status and the formal update to reporting obligations via the Form 4 submission.
What the filing shows
- Transaction date: March 24, 2026.
- Shares sold: 7,779,865.
- Sale price per share: $10.80.
- Total value: $84,022,542.
- Reporting entities: Cantor Fitzgerald, L.P.; Cantor Fitzgerald & Co.; Cantor Fitzgerald Securities; CF Group Management Inc.; and Brandon Lutnick.
- Post-transaction status: Reporting persons no longer own 10% or more of the issuer’s Class A Ordinary Shares and have filed Form 4 to report they are no longer Reporting Persons.
The Form 4 provides the regulatory record of the transaction and the change in reporting status, and it includes the notation "See Remarks" for each reporting party under the otherText field. The filing does not supply additional narrative in this notice beyond the stated facts and the required reporting fields.