{"url_path":"/sec/mbav/8-k/2026-06-18/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-18","source_url":"https://www.sec.gov/Archives/edgar/data/2016072/0001213900-26-070120-index.html","accession_number":"0001213900-26-070120","cik":"0002016072","ticker":"MBAV","issuer_name":"Velos Acquisition I Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2016072/0001213900-26-070120-index.html","primary_entity_key":"0002016072","primary_entity_name":"M3-Brigade Acquisition V Corp."},"word_count":1335,"has_tables":true,"body_markdown":"Item 5.02\nDeparture of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of\nCertain Officers.\n\n** **\n\n**Resignation\nof Directors**\n\n** **\n\nOn June 18, 2026, each\nof Mohsin Y. Meghji, Benjamin Fader-Rattner and Matthew Perkal notified M3-Brigade Acquisition V Corp. (the “**Company**”)\nof his resignation from the Company’s Board of Directors (the “**Board**”) and each of its committees on which he\nserves with immediate effect. None of Messrs. Meghji’s, Fader-Rattner’s and Perkal’s decision to resign from the Board\nwere a result of any disagreement with the Company on any matter, including relating to the Company’s operations, policies or practices.\n\n \n\n**Committees\nof the Board**\n\n** **\n\nThe Company has\naudit, compensation, and corporate governance and nominating committees of the Board. As a result of the resignations of the above\nmentioned directors of the Company, as of June 18, 2026, the membership of each of the audit, compensation, and\ncorporate governance and nominating committees of the Board is as follows:\n\n \n\n \n●\n*Audit Committee*: Paul Kopsky (as Chair and audit committee financial expert), Thomas Fairfield and Edward Murphy.\n\n \n\n \n●\n*Compensation Committee*: Thomas Fairfield (as Chair), Paul Kopsky and Edward Murphy.\n\n \n\n \n●\n*Corporate Governance and Nominating Committee*: Thomas Fairfield (as Chair), Franklin Tsung and Edward Murphy.\n\n  \n\n**Resignation\nof Officers**\n\n** **\n\nEffective\nJune 18, 2026, Robert Rivas Collins resigned as Chief Executive Officer and principal executive officer of the Company. Mr. Collins’\nresignation was not the result of any dispute or disagreement with the Company on any matter, including relating to the Company’s\noperations, policies or practices.\n\n \n\nEffective\nJune 18, 2026, Eric Greenhaus resigned as Chief Financial Officer, principal financial officer and principal accounting officer of the\nCompany. Mr. Greenhaus’ resignation was not the result of any dispute or disagreement with the Company on any matter, including\nrelating to the Company’s operations, policies or practices.\n\n \n\nEffective June 18, 2026, Matthew Perkal resigned as Chief Operating Officer of the Company. Mr. Perkal’s resignation was not the\nresult of any dispute or disagreement with the Company on any matter, including relating to the Company’s operations, policies or\npractices. \n\n \n\n**Appointment\nof Principal Executive Officer**\n\n** **\n\nEffective\nJune 18, 2026, the Board appointed Chinh Chu, the current President of the Company, as the principal executive officer of the Company.\n\n \n\n**Chinh Chu,**age 60, has served as\nthe Company’s President since May 2025. Mr. Chu is the Senior Managing Director of CC Capital, a private investment firm which\nhe founded in 2016. Mr. Chu has over 30 years of investment and acquisition experience. Before founding CC Capital, Mr. Chu\nworked at Blackstone from 1990 to 2015. Mr. Chu was a Senior Managing Director at Blackstone beginning in 2000 and previously served\nas Co-Chair of Blackstone’s Private Equity Executive Committee and as a member of Blackstone’s Executive Committee. Mr. Chu\nalso served as the Chief Executive Officer and Director of CC Neuberger Principal Holdings II, a special purpose acquisition company he\nco-founded, from May 2020 until the consummation of the business combination with Getty Images, Inc. to form Getty Images Holdings, Inc.\nin July 2022. Mr. Chu served as Chief Executive Officer and director of CC Neuberger Principal Holdings I from January 2020 until\nthe consummation of the business combination with E2open Holdings, LLC in February 2021. Mr. Chu has served on the board of directors\nof Getty Images Holdings, Inc. since July 2022. He previously served as a director of E2open Holdings, LLC, Dun & Bradstreet Holdings,\nInc., Kronos Incorporated, SunGard Data Systems, Inc., Stiefel Laboratories, Freescale Semiconductor, Ltd. Biomet, Inc., Alliant, Celanese\nCorporation, Nalco Company, DJO Global, Inc., HealthMarkets, Inc., Nycomed, Alliant Insurance Services, Inc., the London International\nFinancial Futures and Options Exchange, Graham Packaging and AlliedBarton Security Services.\n\n \n\n1\n\n \n\n \n\nNo\nfamily relationships exist between Mr. Chu and any of the Company’s directors or other executive officers. There is no arrangement\nor understanding between Mr. Chu and any other person pursuant to which he was selected as principal executive officer. There is no material\nplan, contract or arrangement (whether or not written) to which Mr. Chu is a party or in which he participates that was entered\ninto, or materially amended, in connection with his appointment as principal executive officer. Mr. Chu receives no compensation for\nserving as President of the Company and will receive no compensation for serving as principal executive officer of the Company.\n\n \n\nMr. Chu\nis the Founder and Senior Managing Director of CC Capital, an affiliate of MI7 Sponsor, LLC, a Delaware limited liability company, the\nCompany’s sponsor (the “**Sponsor**”). As a result, Mr. Chu may be deemed to have an indirect interest in the\narrangements between the Company and the Sponsor (and its affiliates) that have been previously described in the Company’s Annual\nReport on Form 10-K for the fiscal year ended December 31, 2025 filed with the Securities and Exchange Commission (the “**SEC**”)\non March 12, 2026 and is incorporated herein by reference. Other than as previously disclosed or described herein, there are no transactions\ninvolving Mr. Chu that would require disclosure under Item 404(a) of Regulation S-K.\n\n \n\n**Appointment\nof Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer.**\n\n** **\n\nEffective\nJune 18, 2026, the Board appointed Thomas Boychuk, as the Chief Financial Officer, principal financial officer and principal accounting\nofficer of the Company.\n\n \n\nThomas Boychuk, age 44, is the Chief Financial\nOfficer of CC Capital.  He has over 20 years of experience in various corporate finance roles spanning private equity, banking and\ncapital markets. Prior to joining CC Capital, he served in the Client Operations group at Aksia LLC, focused on providing Treasury related\nservices for discretionary institutional clients.  Before joining Aksia, Mr. Boychuk worked at Blackstone as Vice President in the\nTreasury Finance group, where he was responsible for accounting and reporting of all Treasury related activity, including the corporate\ninvestment portfolio, foreign exchange exposures and all intercompany activity.  Additionally, he served as controller for Blackstone\nLiquidity Solutions.  Before joining Blackstone in 2011, he was a member of the Fixed Income Credit product control team at Barclays\nBank (previously Lehman Brothers).  Thomas began his career at PricewaterhouseCoopers in the Banking & Capital Markets assurance\npractice.  He graduated from the University of Scranton with a B.S. in Accounting and minor in Spanish, and has earned the Certified\nPublic Accountant certification.\n\n \n\nNo\nfamily relationships exist between Mr. Boychuk and any of the Company’s directors or other executive officers. There is no arrangement\nor understanding between Mr. Boychuk and any other person pursuant to which he was selected as Chief Financial Officer, principal financial\nofficer and principal accounting officer of the Company. There is no material plan, contract or arrangement (whether or not written)\nto which Mr. Boychuk is a party or in which he participates that was entered into, or materially amended, in connection with his\nappointment as principal executive officer. Mr. Boychuk will receive no compensation for serving as Chief Financial officer, principal\nfinancial officer and principal accounting officer of the Company.\n\n \n\nIn\nconnection with his appointment, Mr. Boychuk entered into a standard indemnity agreement with the Company, a form of which was filed\nas Exhibit 10.6 to the Company’s Registration Statement on Form S-1 (File No. 333-279951).\n\n \n\nMr. Boychuk\nis the Chief Financial Officer of CC Capital, an affiliate of the Sponsor. As a result, Mr. Boychuk may be deemed to have an indirect\ninterest in the arrangements between the Company and the Sponsor (and its affiliates) that have been previously described in the Company’s\nAnnual Report on Form 10-K for the fiscal year ended December 31, 2025 filed with the SEC on March 12, 2026 and is incorporated herein\nby reference. Other than as previously disclosed or described herein, there are no transactions involving Mr. Boychuk that would\nrequire disclosure under Item 404(a) of Regulation S-K.\n\n \n\n2\n\n \n\n \n\nSIGNATURE\n\n \n\nPursuant\nto the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by\nthe undersigned hereunto duly authorized.\n\n \n\n \nM3-Brigade Acquisition V Corp.\n\n \n \n\nDate: June 18, 2026\nBy:\n/s/ Thomas Boychuk\n\n \n \nName:\nThomas Boychuk\n\n \n \nTitle:\nChief Financial Officer\n\n \n\n3"}