Item 5. Market for Registrant’s Common Equity
Item 5.
Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities.
Market Information
Our Units, Class A ordinary
shares and warrants are listed on Nasdaq under the symbols “MBAVU”, “MBAV” and “MBAVW”, respectively.
Holders
As of December 31, 2025, there
was one holder of record of our Units, one holder of record of our Class A ordinary shares, one holder of record of our Class B ordinary
shares, one holder of record of our Public Warrants and two holders of record of our Private Placement Warrants. The number of holders
of record does not include a substantially greater number of “street name” holders or beneficial holders whose Units, Class
A ordinary shares and Public Warrants are held of record by banks, brokers and other financial institutions.
Dividends
We have not paid any cash
dividends on our ordinary shares to date and do not intend to pay cash dividends prior to the completion of an initial business combination.
The payment of cash dividends in the future will be dependent upon our revenues and earnings, if any, capital requirements and general
financial conditions subsequent to completion of an initial business combination. The payment of any cash dividends subsequent to an initial
business combination will be within the discretion of our board of directors at such time. If we incur any indebtedness, our ability to
declare dividends may be limited by restrictive covenants we may agree to in connection therewith.
Securities Authorized for Issuance under Equity
Compensation Plans
None.
Recent Sales of Unregistered Securities; Use
of Proceeds from Registered Offerings
None.
Item 6. Reserved.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.