Financing ·
InterPrivate Investment Partners V, Inc. consummated its initial public offering on June 5, 2026, selling 20,125,000…
IPVVUInterPrivate Investment Partners V, Inc.
InterPrivate Investment Partners V, Inc. consummated its initial public offering on June 5, 2026, selling 20,125,000 units at $10.00 per unit, which included 2,625,000 units from the underwriters' over-allotment option. The company also completed a private placement of 365,000 units to InterPrivate Acquisition Management V LLC and 175,000 units to underwriters at $10.00 per unit. These transactions generated gross proceeds of $201,250,000 from the offering and $5,400,000 from the private placement. A total of $201,250,000 in net proceeds, including $8,575,000 in deferred underwriting commissions, was placed into a trust account. Each unit consists of one Class A ordinary share and one-third of a redeemable warrant exercisable at $11.50 per share. The company is a special purpose acquisition company.