MBAVU · Velos Acquisition I Corp.

Summary

On February 18, 2026, M3-Brigade Acquisition V Corp. issued a promissory note to its sponsor MI7 Sponsor, LLC, allowing borrowings up to $2,000,000 with $600,000 borrowed initially for general working capital. The note is non-interest bearing, due upon initial business combination, and repayable only from funds outside the trust account if no combination occurs.

Key takeaways

• Issued promissory note to MI7 Sponsor, LLC on February 18, 2026
• Maximum principal amount of $2,000,000
• Borrowed $600,000 on February 18, 2026
• No interest accrues on the note
• Due in full upon consummation of initial business combination
• Repayable solely from funds outside trust account if no business combination