Stellar V Capital Corp. Files 8-K on Share and Warrant Details

Ticker: SVCCU · Form: 8-K · Filed: Feb 6, 2025 · CIK: 2033593

Stellar V Capital Corp. (Cayman Islands) 8-K Filing Summary
FieldDetail
CompanyStellar V Capital Corp. (Cayman Islands) (SVCCU)
Form Type8-K
Filed DateFeb 6, 2025
Risk Levellow
Pages2
Reading Time3 min
Key Dollar Amounts$0.0001, $11.50, $10.00, $150,000,000, $151,050,000
Sentimentneutral

Sentiment: neutral

Topics: capital-structure, warrants, shares

TL;DR

Stellar V Capital Corp. filed an 8-K detailing its shares, warrants ($11.50 strike), and units.

AI Summary

Stellar V Capital Corp. filed an 8-K on February 6, 2025, reporting events as of January 31, 2025. The filing details the company's ordinary shares, warrants exercisable at $11.50 per share, and units consisting of shares and warrants. The company is incorporated in the Cayman Islands and its business address is in New York.

Why It Matters

This filing provides crucial details about Stellar V Capital Corp.'s capital structure, including share types and warrant exercise prices, which are important for investors to understand potential dilution and ownership.

Risk Assessment

Risk Level: low — This is a routine filing providing details on the company's capital structure and does not indicate any immediate financial distress or significant operational changes.

Key Numbers

  • 11.50 — Warrant Exercise Price (Price at which warrants can be exercised for shares)

Key Players & Entities

  • Stellar V Capital Corp. (company) — Registrant
  • Cayman Islands (jurisdiction) — State of Incorporation
  • New York (location) — Business Address City
  • 230 PARK AVENUE (address) — Business Street Address
  • 11.50 (dollar_amount) — Warrant Exercise Price

FAQ

What is the exercise price for Stellar V Capital Corp.'s warrants?

The exercise price for Stellar V Capital Corp.'s warrants is $11.50 per share.

When was the date of the earliest event reported in this 8-K filing?

The date of the earliest event reported in this 8-K filing was January 31, 2025.

Where is Stellar V Capital Corp. incorporated?

Stellar V Capital Corp. is incorporated in the Cayman Islands.

What are the components of the units offered by Stellar V Capital Corp.?

The units offered by Stellar V Capital Corp. consist of one Class Ordinary Share and one-half of one Redeemable Warrant.

What is the SIC code for Stellar V Capital Corp.?

The Standard Industrial Classification (SIC) code for Stellar V Capital Corp. is 6770 (Blank Checks).

Filing Stats: 728 words · 3 min read · ~2 pages · Grade level 11.4 · Accepted 2025-02-06 17:21:43

Key Financial Figures

  • $0.0001 — ed Class A ordinary shares, par value $0.0001 per share SVCC The Nasdaq Stock Mar
  • $11.50 — ordinary share at an exercise price of $11.50 per share SVCCW The Nasdaq Stock Ma
  • $10.00 — s "). The Units were sold at a price of $10.00 per Unit, generating gross proceeds to
  • $150,000,000 — rating gross proceeds to the Company of $150,000,000. Each Unit consists of one Class A ordi
  • $151,050,000 — 00 Private Placement Units. A total of $151,050,000, comprised of the proceeds from the IPO
  • $5,250,000 — Placement Units (which amount includes $5,250,000 of the underwriter's deferred discount)

Filing Documents

From the Filing

United States SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 January 31, 2025 Date of Report (Date of earliest event reported) Stellar V Capital Corp. (Exact Name of Registrant as Specified in its Charter) Cayman Islands 001-42496 86-2887484 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 230 Park Avenue , Suite 1540 New York , NY 10169 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: ( 212 ) 661-7566 N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act Soliciting material pursuant to Rule 14a-12 under the Exchange Act Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Class A ordinary shares, par value $0.0001 per share SVCC The Nasdaq Stock Market LLC Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share SVCCW The Nasdaq Stock Market LLC Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant SVCCU The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item8.01. Other Events. On January 31, 2025, Stellar V Capital Corp. (the " Company ") consummated its initial public offering (" IPO "), which consisted of 15,00,000 units (the " Units "). The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $150,000,000. Each Unit consists of one Class A ordinary share, par value $0.0001 per share (the " Class A Ordinary Shares "), of the Company, and one-half of one redeemable warrant (each, a " Warrant ") of the Company, with each whole Warrant entitling the holder thereof to purchase one Class A Ordinary Share for $11.50 per share. Simultaneously with the closing of the IPO, pursuant to the Private Placement Units Purchase Agreements, the Company completed the private placement (the " Private Placement ") of an aggregate of 555,000 units (the " Private Placement Units ") to the Sponsor and BTIG, LLC, the representative of the underwriters, at $10.00 per Unit, each Unit consisting of one Class A Ordinary Share and one-half of one redeemable Warrant, each whole Warrant exercisable to purchase one Class A Ordinary Share of the Company. Of those 555,000 Private Placement Units, the Sponsor purchased 365,000 Private Placement Units and BTIG, LLC purchased 190,000 Private Placement Units. A total of $151,050,000, comprised of the proceeds from the IPO and the sale of the Private Placement Units (which amount includes $5,250,000 of the underwriter's deferred discount), was placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee. An audited balance sheet as of January 31, 2025 reflecting the receipt of the proceeds from the IPO and the Private Placement has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K. Item9.01 Financial Statements and Exhibits. (d) Exhibits The following exhibits are being filed herewith: Exhibit No. Description 99.1 Audited Balance Sheet as of January 31, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: February 6, 2025 Stellar V Capital Corp. By: /s/ Prokopios (Akis) Tsirigakis Name: Prokopios (Akis) Tsirigakis Title: Co-Chief Executive Officer 2

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