Stellar V Capital Corp. Files S-1/A Amendment
Ticker: SVCCU · Form: S-1/A · Filed: Jan 13, 2025 · CIK: 2033593
| Field | Detail |
|---|---|
| Company | Stellar V Capital Corp. (Cayman Islands) (SVCCU) |
| Form Type | S-1/A |
| Filed Date | Jan 13, 2025 |
| Risk Level | medium |
| Pages | 14 |
| Reading Time | 17 min |
| Key Dollar Amounts | $150,000,000, $10.00, $11.50, $2,518,750, $30,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: spac, ipo, filing-amendment
TL;DR
Stellar V Capital Corp. (blank check co) filed S-1/A on Jan 13. IPO coming.
AI Summary
Stellar V Capital Corp. filed an S-1/A amendment on January 13, 2025, for its initial public offering under registration number 333-283612. The company, incorporated in the Cayman Islands, is classified under "BLANK CHECKS" (SIC code 6770) and has its business and mailing address at 230 Park Avenue, Suite 1540, New York, NY 10169. Prokopios (Akis) Tsirigakis and George Syllantavos are listed as Co-Chief Executive Officers.
Why It Matters
This filing indicates Stellar V Capital Corp. is moving forward with its public offering process, potentially making it a new investment opportunity for the public markets.
Risk Assessment
Risk Level: medium — As a blank check company (SPAC), its success is highly dependent on identifying and completing a suitable acquisition, which carries inherent risks.
Key Numbers
- 333-283612 — SEC File Number (Identifies this specific registration filing)
- 6770 — SIC Code (Indicates the company operates in the 'BLANK CHECKS' industry)
Key Players & Entities
- Stellar V Capital Corp. (company) — Registrant
- January 13, 2025 (date) — Filing Date
- 333-283612 (registration_number) — SEC File Number
- Cayman Islands (jurisdiction) — State of Incorporation
- 6770 (sic_code) — Standard Industrial Classification Code
- Prokopios (Akis) Tsirigakis (person) — Co-Chief Executive Officer
- George Syllantavos (person) — Co-Chief Executive Officer
- 230 Park Avenue, Suite 1540, New York, NY 10169 (address) — Business and Mailing Address
FAQ
What is the purpose of this S-1/A filing?
This is an amendment to the initial S-1 registration statement, indicating Stellar V Capital Corp. is updating information related to its proposed public offering.
When was this amendment filed?
The amendment was filed with the SEC on January 13, 2025.
What industry does Stellar V Capital Corp. operate in?
Stellar V Capital Corp. is classified under SIC code 6770, which corresponds to 'BLANK CHECKS' companies, also known as Special Purpose Acquisition Companies (SPACs).
Who are the principal executives of Stellar V Capital Corp.?
The Co-Chief Executive Officers are Prokopios (Akis) Tsirigakis and George Syllantavos.
Where is Stellar V Capital Corp. incorporated and what is its business address?
The company is incorporated in the Cayman Islands and its business address is 230 Park Avenue, Suite 1540, New York, NY 10169.
Filing Stats: 4,228 words · 17 min read · ~14 pages · Grade level 18.7 · Accepted 2025-01-13 17:28:02
Key Financial Figures
- $150,000,000 — ARY 13 , 2025 PRELIMINARY PROSPECTUS $150,000,000 Stellar V Capital Corp. 15,0
- $10.00 — ies. Each unit has an offering price of $10.00 and consists of one Class A ordi
- $11.50 — s A ordinary share at a price of $11.50 per share, subject to adjustment as des
- $2,518,750 — ercised) at a price of $10.00 per unit ($2,518,750 in the aggregate, regardless of whether
- $30,000,000 — ing up to an aggregate of approximately $30,000,000 of the units in this offering at
- $450,000 — ercised) at a price of $10.00 per unit ($450,000 in the aggregate, regardless of whether
- $25,000 — ffering. Our initial shareholders paid $25,000 for an aggregate of 6,059,925 Class�
- $3,650,000 — 365,000 Private Units (2)   $3,650,000 (2)   Table of Contents Ent
- $10,000 — id or to be Paid     $10,000 per month   For office space,
- $300,000 — gement team     Up to $300,000   Repayment of loans m
- $1,500,000 — l expenses.     Up to $1,500,000 in working capital loans may be convert
- $151,050,000 — ate units described in this prospectus, $151,050,000, or $173,707,500 if the underwriters&#x
- $173,707,500 — ed in this prospectus, $151,050,000, or $173,707,500 if the underwriters’ over -allot
- $10.07 — -allotment option is exercised in full ($10.07 per unit in either case), will be depos
Filing Documents
- ea0211246-07.htm (S-1/A) — 4020KB
- ea021124607ex1-1_stellar5.htm (EX-1.1) — 235KB
- ea021124607ex3-2_stellar5.htm (EX-3.2) — 242KB
- ea021124607ex4-4_stellar5.htm (EX-4.4) — 145KB
- ea021124607ex5-1_stellar5.htm (EX-5.1) — 47KB
- ea021124607ex10-1_stellar5.htm (EX-10.1) — 20KB
- ea021124607ex10-3_stellar5.htm (EX-10.3) — 10KB
- ea021124607ex10-4_stellar5.htm (EX-10.4) — 43KB
- ea021124607ex10-5_stellar5.htm (EX-10.5) — 82KB
- ea021124607ex10-6_stellar5.htm (EX-10.6) — 107KB
- ea021124607ex10-7_stellar5.htm (EX-10.7) — 44KB
- ea021124607ex10-8_stellar5.htm (EX-10.8) — 60KB
- ea021124607ex10-9_stellar5.htm (EX-10.9) — 107KB
- ea021124607ex10-10_stellar5.htm (EX-10.10) — 12KB
- ea021124607ex23-1_stellar5.htm (EX-23.1) — 2KB
- ea021124607ex99-5_stellar5.htm (EX-99.5) — 33KB
- ea021124607ex99-6_stellar5.htm (EX-99.6) — 28KB
- ex3-2_001.jpg (GRAPHIC) — 5KB
- ex5-1_001.jpg (GRAPHIC) — 9KB
- 0001213900-25-003062.txt ( ) — 5256KB
From the Filing
As filed with the U.S. Securities and Exchange Commission on January 13 , 2025 . Registration No. 333- 283612 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ Stellar V Capital Corp. (Exact name of registrant as specified in its charter) _____________________________________ Cayman Islands   6770   86-2887484 (State or other jurisdiction of incorporation or organization)   (Primary Standard Industrial Classification Code Number)   (I.R.S. Employer Identification Number) Prokopios (Akis) Tsirigakis George Syllantavos Co-Chief Executive Officers 230 Park Avenue, Suite 1540 New York, NY 10169 (212) 661-7566 (Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices) _____________________________________ Copies to: Mitchell S. Nussbaum Giovanni Caruso Loeb & Loeb LLP 345 Park Avenue New York, NY 10154 Tel: (212) 407-4000   Jose Santos Forbes Hare Cassia Court Camana Bay Suite 716 10 Market Street Grand Cayman KY1 -9006 Tel: (345) 943 -7700   Douglas Ellenoff Stuart Neuhauser Anthony Ain Ellenoff Grossman & Schole LLP 1345 Avenue of the Americas New York, NY 10105 Tel: (212) 370 -1300 _____________________________________ Approximate date of commencement of proposed sale to the public: As soon as practicable after the effective date of this registration statement. If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933 check the following box: If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. If this Form is a post -effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. If this Form is a post -effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non -accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b -2 of the Exchange Act.   Large accelerated filer     Accelerated filer       Non-accelerated filer     Smaller reporting company               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 7(a)(2)(B) of the Securities Act. The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until the Registration Statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.      Table of Contents The information in this preliminary prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This preliminary prospectus is not an offer to sell these securities and it is not soliciting an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. PRELIMINARY PROSPECT