Saba Capital Management Reports 5.51% Stake in M3-Brigade Acquisition V Corp. (MBAV) via Amendment No. 1

On May 20, 2026, Saba Capital Management, L.P., along with Saba Capital Management GP, LLC and Boaz R. Weinstein, filed an Amendment No. 1 to their Schedule 13G regarding M3-Brigade Acquisition V Corp. (MBAV). The filing discloses a beneficial ownership of 1,585,000 Class A ordinary shares, representing a 5.51% stake in the company. This calculation is based on 28,750,000 shares outstanding as of March 12, 2026. This amendment restates the initial Schedule 13G filed on May 15, 2026, following an event date of March 31, 2026. The reporting persons share voting and dispositive power over the reported shares. The filing includes a certification that the securities were not acquired for the purpose of changing or influencing the control of the issuer. Saba Capital is organized in Delaware, and the principal business office for all reporting persons is located in New York. The funds and accounts advised by Saba Capital maintain the right to receive dividends and proceeds from the sale of these shares.