This is a standard SPAC IPO — no operating business yet. Monitor for the target business combination announcement, which will drive the stock's future direction. The warrants (IPVVW) provide leveraged exposure to the eventual merger outcome.
Price Chart
Executive Summary
InterPrivate Investment Partners V, Inc. (IPVVU) priced its initial public offering of 17,500,000 units at $10.00 per unit, raising $175 million (before over-allotments). The SPAC will list on Nasdaq under IPVVU, with units consisting of one Class A share and one-third of a warrant exercisable at $11.50. This is a routine SPAC IPO — the company has no operating business and must find a merger target within a limited timeframe.
Key Financial Metrics
Key Facts
- Offering of 17,500,000 units at $10.00 per unit, raising $175 million (before over-allotments)
- Underwriters have a 45-day option to purchase up to 2,625,000 additional units for over-allotments
- Each unit consists of one Class A ordinary share and one-third of one warrant (whole warrant exercisable at $11.50 per share)
- Units expected to trade on Nasdaq under IPVVU starting June 4, 2026; shares and warrants to trade separately under IPVV and IPVVW
- Cantor Fitzgerald & Co. is sole book-running manager; EarlyBirdCapital is co-manager
- Company is a blank check SPAC led by Ahmed M. Fattouh, targeting a business combination in technology or digital assets
- Offering expected to close June 5, 2026
Financial Impact
Gross proceeds of $175 million from 17.5M units at $10.00 each; up to $201.25 million if over-allotment fully exercised
Risk Factors
- SPAC may fail to identify a suitable merger target within the allotted timeframe, leading to liquidation
- Warrant dilution upon exercise could pressure common stock post-merger
- Management's focus on technology and digital assets carries sector-specific volatility and regulatory risk
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3306587 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 10, 2026 19w ago | 3 | $9.94 $9.98 | ▲ +0.45% | ▼ −3.17% | $9.94 (+0.05%) |
Jun 8, 2026 20w ago | 8-K | $9.94 $9.94 | · 0.00% | ▼ −1.13% | $9.94 (−0.00%) |
Jun 5, 2026 20w ago | Press Release | $9.96 $9.95 | ▼ −0.05% | ▼ −1.68% | $9.94 (−0.15%) |
Jun 4, 2026 20w ago | 424B4 | $9.95 $9.95 | · 0.00% | ▲ +1.37% | $9.94 (−0.10%) |
Jun 4, 2026 20w ago | Press Release | $9.95 $9.95 | · 0.00% | ▲ +1.37% | $9.94 (−0.10%) |
US Market Status
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