ReserveOne Inc. entered into a business combination agreement to acquire M3-Brigade Acquisition V Corp. (NasdaqGM:MBAV) in a reverse merger transaction for $1 billion on July 7, 2025. Following the closing of the proposed business combination, ReserveOne?s shares and warrants are expected to trade after closing under the ticker symbol ?RONE? and ?RONEW?, respectively. Upon closing, the board of directors of ReserveOne is expected to include Executive Chairman Reeve Collins, co-founder of Tether and CEO of M3-Brigade; Wilbur Ross, former U.S. Secretary of Commerce; Gabriel Abed, Chairman of the largest crypto exchange; Chinh Chu, Founder and Senior Managing Director of CC Capital, and John D?Agostino, Coinbase Head of Strategy - Institutional. The board of directors of ReserveOne, and the board of directors of M3-Brigade, and a special committee of disinterested and independent directors of M3-Brigade, have unanimously approved the proposed business combination. The transaction is subject to M3 shareholder approval, antitrust approval, registration statement effectiveness and other customary closing conditions. The transactions are expected to close in Q4 2025. On September 23, 2025, ReserveOne has made a Confidential Submission of Draft Registration Statement on Form S-4 with the SEC.

John P. Clayton, Eli Miller and Jeff Potash of Akin Gump Strauss Hauer & Feld LLP acted as legal advisor to ReserveOne. Patrick B. Costello and Joseph Walsh of Troutman Pepper Locke LLP acted as legal advisor to M3-Brigade Acquisition V Corp. Continental Stock Transfer & Trust Company acted as transfer agent to M3-Brigade Acquisition V Corp. Sodali & Co. acted as information agent to M3-Brigade and will receive a fee of $0.025 million. Lincoln International LLC acted as financial advisor, fairness opinion provider to M3-Brigade and will receive a fee of $0.55 for the services.