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.

InterPrivate Investment Partners V, Inc. consummated its initial public offering of 20,125,000 units at $10.00 per unit, generating gross proceeds of $201,250,000. Additionally, the company completed a private placement of 540,000 units to the sponsor and underwriters for $5,400,000.