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ReserveOne Files Confidential S-4 for SPAC Deal to Pursue Nasdaq Listing

The company is seeking to fund a diversified crypto reserve with roughly $1 billion in merger proceeds.

Overview

  • ReserveOne and its parent submitted a confidential draft Form S-4 to the SEC tied to a proposed merger with M3-Brigade Acquisition V Corp.
  • If approved, the combined company is intended to list on Nasdaq under the ticker RONE.
  • The transaction now enters SEC review, which must conclude before M3-Brigade shareholders can vote on the deal.
  • ReserveOne plans to build a diversified digital-asset treasury holding Bitcoin, Ethereum, Solana and others, generating yield through institutional staking and lending.
  • The company has guided to gross proceeds of over $1 billion from the merger and has indicated a potential closing in Q4 2025, subject to approvals.