Syllantavos George 4
4 · Stellar V Capital Corp. (Cayman Islands) · Filed Jan 31, 2025
Insider Transaction Report
Form 4
Syllantavos Georgios
DirectorCo-CEO and CFO10% Owner
Transactions
- Purchase
Class A Ordinary Shares, par value $0.0001
2025-01-31+365,000→ 365,000 total(indirect: By LLC) - Purchase
Warrant
2025-01-31+182,500→ 182,500 total(indirect: See Footnote)Exercise: $11.50→ Class A Ordinary Shares, par value $0.0001 (182,500 underlying)
Footnotes (5)
- [F1]Simultaneously with the consummation of the Company's initial public offering, Stellar V Sponsor LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 365,000 units (the "Private Units") in a private placement for an aggregate purchase price of $3,650,000. Each Private Unit consists of one Class A ordinary share, par value $0.0001, and one-half of one warrant.
- [F2]The Private Units were purchased for $10.00 per unit.
- [F3]Held by the Sponsor. Prokopios (Akis) Tsirigakis and George Syllantavos are the managing members of Stellar V Sponsor LLC. Prokopios (Akis) Tsirigakis and George Syllantavos have voting and investment discretion with respect to the ordinary shares held of record by Stellar V Sponsor LLC.
- [F4]The warrants included in the Private Units will become exercisable at any time commencing 30 days after the completion of the Company's initial business combination.
- [F5]The warrants will expire five years after the completion of the Company's initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.