Stellar V Capital Corp. Files S-1 for Blank Check Company

TL;DR

Stellar V Capital Corp. (SPAC) filed S-1. Watch for potential real estate/construction deals.

AI Summary

Stellar V Capital Corp., a Cayman Islands-based company, filed an S-1 registration statement with the SEC on December 4, 2024. The company, operating in the 'Blank Checks' sector with a focus on Real Estate & Construction, has its principal executive offices at 230 Park Avenue, Suite 1540, New York, NY. Prokopios (Akis) Tsirigakis and George Syllantavos are listed as Co-Chief Executive Officers.

Why It Matters

This S-1 filing indicates Stellar V Capital Corp. is preparing to go public, likely as a special purpose acquisition company (SPAC), which could lead to future acquisitions in the real estate and construction sectors.

Risk Assessment

Risk Level: medium — As a blank check company, its success is contingent on future acquisitions, which carry inherent risks and uncertainties.

Key Numbers

• 333-283612 — SEC File Number (Identifies this specific registration statement with the SEC.)
• 20241204 — Filing Date (The date Stellar V Capital Corp. submitted its S-1 filing.)

Key Players & Entities

• Stellar V Capital Corp. (company) — Registrant
• Cayman Islands (company) — Jurisdiction of incorporation
• December 4, 2024 (date) — Filing date
• 230 Park Avenue, Suite 1540, New York, NY 10169 (location) — Business address
• Prokopios (Akis) Tsirigakis (person) — Co-Chief Executive Officer
• George Syllantavos (person) — Co-Chief Executive Officer
• 6770 (industry_code) — Standard Industrial Classification (SIC) for Blank Checks

FAQ

Key Financial Figures

• $150,000,000 — EMBER 4, 2024 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
• $2,555,000 — ercised) at a price of $10.00 per unit ($2,555,000 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
• $25,000 — a part. Our initial shareholders paid $25,000 for an aggregate of 6,059,925 Class&#x0
• $3,225,000 — a0; 322,500 Private Units   $3,225,000     $10,000 per month
• $10,000 — 0a0; $3,225,000     $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
• $150,375,000 — ate units described in this prospectus, $150,375,000, or $172,931,250 if the underwriters&#x
• $172,931,250 — ed in this prospectus, $150,375,000, or $172,931,250 if the underwriters’ over -allot
• $10.025 — -allotment option is exercised in full ($10.025 per unit in either case), will be depos

Filing Documents

• ea0211246-06.htm (S-1) — 4011KB
• ea021124606ex3-1_stellar5.htm (EX-3.1) — 324KB
• ea021124606ex4-1_stellar5.htm (EX-4.1) — 15KB
• ea021124606ex4-2_stellar5.htm (EX-4.2) — 14KB
• ea021124606ex5-1_stellar5.htm (EX-5.1) — 45KB
• ea021124606ex5-2_stellar5.htm (EX-5.2) — 12KB
• ea021124606ex10-1_stellar5.htm (EX-10.1) — 22KB
• ea021124606ex10-2_stellar5.htm (EX-10.2) — 63KB
• ea021124606ex14_stellar5.htm (EX-14) — 56KB
• ea021124606ex23-1_stellar5.htm (EX-23.1) — 2KB
• ea021124606ex99-1_stellar5.htm (EX-99.1) — 2KB
• ea021124606ex99-2_stellar5.htm (EX-99.2) — 2KB
• ea021124606ex99-3_stellar5.htm (EX-99.3) — 2KB
• ea021124606ex99-4_stellar5.htm (EX-99.4) — 50KB
• ea021124606ex99-5_stellar5.htm (EX-99.5) — 33KB
• ea021124606ex99-6_stellar5.htm (EX-99.6) — 28KB
• ea021124606ex-fee_stellar5.htm (EX-FILING FEES) — 19KB
• ex3-1_001.jpg (GRAPHIC) — 6KB
• ex3-1_002.jpg (GRAPHIC) — 6KB
• ex5-1_001.jpg (GRAPHIC) — 3KB
• ex5-2_001.jpg (GRAPHIC) — 10KB
• ex5-2_002.jpg (GRAPHIC) — 2KB
• 0001213900-24-105677.txt ( ) — 4739KB

From the Filing

As filed with the U.S. Securities and Exchange Commission on December 4, 2024 . Registration No. 333-                 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ 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 securi

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