M3-Brigade Acquisition VI Corp. Warrant

M3-Brigade Acquisition VI Corp. Warrant is a derivative security issued by a special purpose acquisition company (SPAC), M3-Brigade Acquisition VI Corp., following its initial public offering in 2025. The primary function of this warrant is to give holders the right, but not the obligation, to purchase one Class A ordinary share of the company at a fixed exercise price of $11.50 per share, subject to the terms outlined in the warrant agreement and applicable adjustments. The warrants are traded independently from the company’s common shares, allowing investors to separate their holdings after unit separation began October 17, 2025. These warrants are a key feature of SPAC structures, offering additional upside to investors if the company successfully completes a business combination and its share price exceeds the exercise price. M3-Brigade Acquisition VI Corp. aims to identify and merge with businesses valued at more than $1 billion, and is led by experienced financial professionals specializing in restructuring and credit investment strategies. The warrants are designed to be exercised post-business combination and generally require an effective registration statement before shares are issued upon exercise. In the broader market, SPAC warrants like this enable investors to participate in the potential future growth of private companies brought public via acquisition, while providing flexibility and risk management within the SPAC structure.