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VLOS · Current Report (Form 8-K) · Filed February 18, 2026

Velos Acquisition I Corp — Current Report (Form 8-K)

Form
8-K
Filed
February 18, 2026
Period
Feb 18, 2026
Ticker
VLOS
Accession
0001213900-26-017974
Boardroom Alpha · Filing insights

The company borrowed $600,000 under an up-to-$2,000,000, interest-free promissory note with its sponsor for working capital. The note is due at the initial business combination and, if no deal occurs, repayment is limited to funds available outside the trust; default accelerates.

About Velos Acquisition I Corp
Market cap
$252M
1Y TSR
+1.8%
Sector
Industrials
CEO
Chinh Chu
Last annual meeting: Jul 17, 2026 · View full Velos Acquisition I Corp profile →

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): February 18, 2026

 

M3-Brigade Acquisition V Corp.

(Exact name of registrant as specified in its charter)

 

Cayman Islands

(State or other jurisdiction of incorporation)

 

001-42171   98-1781141
(Commission File Number)   (IRS Employer
Identification No.)

 

1700 Broadway, 19th Floor, New York, New York 10019

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (212) 202-2200

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant   MBAVU   The Nasdaq Stock Market LLC
Class A ordinary share, par value $0.0001 per share    MBAV   The Nasdaq Stock Market LLC
Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share   MBAVW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On February 18, 2026, M3-Brigade Acquisition V Corp. (the “Company”) issued a promissory note (the “Note”) to MI7 Sponsor, LLC (the “Sponsor”), the Company’s sponsor, pursuant to which the Company can borrow up to an aggregate principal amount of $2,000,000 from the Sponsor. On February 18, 2026, the Company borrowed $600,000 under the Note. The proceeds of the Note will be used to provide the Company with general working capital.

 

The Note bears no interest and is payable in full upon the consummation of the Company’s initial business combination (the “Maturity Date”). A failure to pay the principal on the Maturity Date shall be deemed an event of default, in which case the Note may be accelerated. If the Company does not consummate an initial business combination, the Note will be repaid solely to the extent the Company has funds available outside its trust account established in connection with the Company’s initial public offering.

 

The description of the Note does not purport to be complete and is subject to, and qualified in its entirety by reference to, the Note, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

 

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

 

The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits:

 

10.1   Promissory Note, dated February 18, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  M3-Brigade Acquisition V Corp.
     
Date: February 18, 2026 By: /s/ Robert Rivas Collins
    Name:  Robert Rivas Collins
    Title: Chief Executive Officer

 

2

 

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More filings

Other filings from Velos Acquisition I Corp (VLOS)

Reference

Frequently asked questions

When did Velos Acquisition I Corp file this 8-K?
Velos Acquisition I Corp (VLOS) filed this Current Report (Form 8-K) with the SEC on February 18, 2026. The accession number assigned by EDGAR is 0001213900-26-017974.
What does an 8-K disclose?
Form 8-K is the SEC's current-report form, used to disclose material events between periodic reports (10-K / 10-Q). Triggers include CEO/CFO departures, acquisitions, bankruptcies, earnings releases, auditor changes, changes in fiscal year, and amendments to corporate governance. Each 8-K is keyed to one or more Item numbers (1.01 through 9.01).
What is the key takeaway from this filing?
The company borrowed $600,000 under an up-to-$2,000,000, interest-free promissory note with its sponsor for working capital. The note is due at the initial business combination and, if no deal occurs, repayment is limited to funds available outside the trust; default accelerates. This is Boardroom Alpha's one-line summary of the current report; see the full filing text above for the formal disclosure.
What Item codes does an 8-K cover?
An 8-K's Item codes (1.01 through 9.01) specify what kind of event is being disclosed — e.g. Item 1.01 for entering a material agreement, Item 5.02 for departure/election of directors and executive officers, Item 8.01 for other events. The Item codes for this 8-K appear in the filing text above.
Where can I find Velos Acquisition I Corp's prior current reports on EDGAR?
The SEC EDGAR browser lists every 8-K Velos Acquisition I Corp has filed under CIK 2016072, sortable by date. Use the "View on SEC EDGAR" link in the page header, or browse directly via https://www.sec.gov/cgi-bin/browse-edgar.
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