8-KFiled Aug 19, 8:00 PM ET

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

$TBCV · Thunder Bridge Capital Partners V, Ltd.

Research Summary

AI-generated summary of this SEC filing

Updated

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

What Happened

  • Thunder Bridge Capital Partners V, Ltd. announced it consummated its initial public offering on August 14, 2026. The company sold 26,100,000 units in the IPO and the underwriter fully exercised its over-allotment option to purchase an additional 3,915,000 units, for an aggregate of 30,015,000 Units sold.
  • Each Unit sold at $10.00 consists of one Class A ordinary share and one-third of one redeemable public warrant (each whole warrant exercisable for one Class A ordinary share at $11.50). Gross proceeds from the Units sold in the IPO totaled $300,150,000. Separately, the company completed a private placement of 747,000 units to the Sponsor and Cantor for approximately $7,470,000.

Key Details

  • IPO closing date: August 14, 2026.
  • Units sold: 30,015,000 public Units at $10.00 each; IPO gross proceeds reported at $300,150,000.
  • Private placement: 747,000 units to Sponsor and Cantor for roughly $7,470,000; these Private Placement Units are subject to transfer restrictions until 30 days after the company’s initial business combination.
  • A segregated U.S. trust account was established (Continental Stock Transfer & Trust Company, trustee) and an audited balance sheet as of August 14, 2026 reflecting receipt of proceeds is included as Exhibit 99.1 to the 8-K.

Why It Matters

  • The filing confirms the company is now public and has raised substantial capital through the IPO and related private placement, with proceeds placed in a trust — a key step for a special-purpose acquisition company (SPAC) preparing for an initial business combination.
  • Retail investors should note the unit structure (shares plus fractional warrants) and the warrant exercise price ($11.50), as well as the transfer restrictions on sponsor/private units and the existence of the trust account, all of which affect liquidity and future shareholder actions.