Thunder Bridge Capital Partners V, Ltd. Completes IPO, Raises $300.15M

What Happened
Thunder Bridge Capital Partners V, Ltd. (TBCV) announced on August 14, 2026 that it consummated its initial public offering (IPO) of 30,015,000 units at $10.00 per unit, including 3,915,000 units from the underwriter’s full over‑allotment exercise, generating gross proceeds of $300,150,000. Each Unit consists of one Class A ordinary share and one‑third of a redeemable public warrant; each whole warrant is exercisable to purchase one Class A ordinary share at $11.50. Cantor Fitzgerald & Co. acted as representative of the underwriters. The company also completed simultaneous private placements of 747,000 units to the sponsor and Cantor.

Key Details

• IPO size: 30,015,000 Units at $10.00 per Unit; $300,150,000 gross proceeds (includes over‑allotment of 3,915,000 Units).
• Private placement: 747,000 Private Placement Units sold at $10.00 each, raising ~$7,470,000; these units have transfer restrictions until 30 days after the company’s initial business combination.
• Security terms: Each Unit = 1 Class A share + 1/3 redeemable public warrant; whole warrant exercise price = $11.50 per share.
• Trust and use of proceeds: $300,150,000 (IPO + private placement) placed in a U.S. segregated trust account with Continental Stock Transfer & Trust Company as trustee; funds generally cannot be released except for interest for permitted withdrawals/taxes until the earliest of (a) completion of an initial business combination, (b) certain shareholder redemption events tied to amendments, or (c) failure to complete a business combination within 24 months.
• Corporate actions: Amended and Restated Memorandum and Articles of Association filed (Aug 12, 2026). Directors David Burg, Mary Anne Gillespie, Stewart J. Paperin and Allerd D. Stikker were appointed effective Aug 12, 2026, with committee assignments and three‑year terms; indemnity agreements executed for directors and certain officers.

Why It Matters
This filing confirms TBCV is a newly public blank‑check (SPAC) sponsor vehicle that has completed its capital raise and placed investor funds in a trust account—key steps before searching for a target acquisition. Investors should note the capital structure (units with warrants), the $11.50 warrant strike price, the 24‑month timeline to complete a business combination, and restrictions on private placement units. The board and governance documents are in place, which are relevant to oversight of the SPAC’s future deal process.