−Removed: Market for Registrant’s
−Removed: Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities.
+Added: Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities.
Market Information
−Removed: Our Units, Class A ordinary shares and warrants
−Removed: are listed on Nasdaq under the symbols “MBAVU”, “MBAV” and “MBAVW”, respectively.
−Removed: As of December 31, 2024, there was one holder of
−Removed: 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
−Removed: of record of our Public Warrants and three holders of record of our Private Placement Warrants.
−Removed: The number of holders of record does not
−Removed: include a substantially greater number of “street name” holders or beneficial holders whose Units, Class A ordinary shares
−Removed: and Public Warrants are held of record by banks, brokers and other financial institutions.
−Removed: We have not paid any cash dividends on our ordinary
−Removed: shares to date and do not intend to pay cash dividends prior to the completion of an initial business combination.
−Removed: The payment of cash
−Removed: dividends in the future will be dependent upon our revenues and earnings, if any, capital requirements and general financial conditions
−Removed: subsequent to completion of an initial business combination.
−Removed: The payment of any cash dividends subsequent to an initial business combination
−Removed: will be within the discretion of our board of directors at such time.
−Removed: If we incur any indebtedness, our ability to declare dividends
−Removed: may be limited by restrictive covenants we may agree to in connection therewith.
+Added: Our Units, Class A ordinary
+Added: shares and warrants are listed on Nasdaq under the symbols “MBAVU”, “MBAV” and “MBAVW”, respectively.
+Added: As of December 31, 2025, there
+Added: 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
+Added: shares, one holder of record of our Public Warrants and two holders of record of our Private Placement Warrants.
+Added: The number of holders
+Added: of record does not include a substantially greater number of “street name” holders or beneficial holders whose Units, Class
+Added: A ordinary shares and Public Warrants are held of record by banks, brokers and other financial institutions.
+Added: We have not paid any cash
+Added: dividends on our ordinary shares to date and do not intend to pay cash dividends prior to the completion of an initial business combination.
+Added: The payment of cash dividends in the future will be dependent upon our revenues and earnings, if any, capital requirements and general
+Added: financial conditions subsequent to completion of an initial business combination.
+Added: The payment of any cash dividends subsequent to an initial
+Added: business combination will be within the discretion of our board of directors at such time.
+Added: If we incur any indebtedness, our ability to
+Added: declare dividends may be limited by restrictive covenants we may agree to in connection therewith.
Securities Authorized for Issuance under Equity
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.