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Carter Ledyard Client Greenfire Resources Inc. and M3-Brigade Acquisition III Corp. Announce $950 Million Business Combination

December 16, 2022/less than a minute

Carter Ledyard represented longtime client Greenfire Resources Inc. in a definitive agreement for a business combination with M3-Brigade Acquisition III Corp. (NYSE: MBSC), a New York Stock Exchange listed special purpose acquisition. The closing is expected to occur in the second quarter of 2023, and upon closing, Greenfire Resources Ltd. will become the parent of both Greenfire and MSBC, and the combined company is expected to be managed by Greenfire’s current executive team.

Carter Ledyard partners Guy P. Lander, Steven Paul McSloy, Rich Pierson, and Melinda Fellner, counsel Mary Brown, and associates Paul Brown and Claudia Carbone acted as U.S. counsel to Greenfire.

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