M3-Brigade Acquisition VI Corp. (NASDAQ: MBVI) is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands and headquartered in New York. The company was established by key executives from M3 Partners, LP, a financial advisory firm, and Brigade Capital Management, LP, a global credit-focused investment advisor. As a blank check company, it does not have active business operations and generates no operating revenue. Its sole business model is to raise capital through an initial public offering and use the proceeds to identify and merge with a private operating company, effectively taking the target public. The company completed its IPO in August 2025, raising approximately $345 million, which is held in a trust account pending a business combination. While it may pursue an acquisition in any industry or geography, it is primarily focused on identifying a target with an enterprise value of at least $1 billion, noting a particular interest in the cryptocurrency and blockchain industries. The company is currently in the pre-deal phase and has not yet announced a definitive merger agreement.
