The $1 billion SPAC transaction to take ReserveOne public is expected to close in the fourth quarter of 2025, subject to shareholder approval and other customary closing conditions

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ReserveOne, a new crypto holding company, shared in a press release on Tuesday that it will go public through a merger with blank-check firm M3-Brigade Acquisition V Corp. The deal aims to raise over $1 billion and will allow ReserveOne to trade on the Nasdaq stock exchange under the symbol ‘RONE’. The $1 billion raise is expected to be completed in the last quarter of 2025 if everything goes as planned.
After the merger is complete, ReserveOne will trade under two tickers: RONE and RONEW. M3-Brigade is listed on the Nasdaq and the merger is expected to close in Q4 2025.
The transactions are expected to close in the fourth quarter, subject to shareholder approval and other customary closing conditions.