Company: MBVI
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110004
Chunk: 27

Company: M3-Brigade Acquisition VI Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 27
---
 assumptions used in the valuation of the Public Warrants:       August 28, 2025   Underlying stock price  $9.85    Exercise price  $11.50    Volatility   7.50%   Risk-free rate   3.70%   Probability of successful initial Business Combination   35.00%   

16

M3-BRIGADE ACQUISITION VI CORP.
NOTES TO CONDENSED FINANCIAL STATEMENTS

SEPTEMBER 30, 2025

(UNAUDITED)

Note 9 — Segment Information ASC Topic 280, “Segment Reporting,” establishes standards for companies to report in their financial statement information about operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise that engage in business activities from which it may recognize revenues and incur expenses, and for which separate financial information is available that is regularly evaluated by the Company’s chief operating decision maker (“CODM”), or group, in deciding how to allocate resources and assess performance.  The Company’s CODM has been identified as the Chief Financial Officer, who reviews the assets, operating results, and financial metrics for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that there is only one reportable segment.   The CODM assesses performance for the single segment and decides how to allocate resources based on net income or loss that also is reported on the condensed statements of operations as net income or loss. The measure of segment assets is reported on the condensed balance sheet as total assets. When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss, which include the following:       September 30, 2025   Cash  $1,569,890    Investments held in Trust Account  $346,268,066         For the Three Months Ended September 30, 2025   For the  Period from  June 5,  2025  (Inception)  through September 30, 2025   General and administrative costs  $197,522   $242,780    Income earned on investments held in Trust Account  $1,268,066   $1,268,066    Formation and operating costs are reviewed and monitored by the CODM to manage and