secwatch.observer — SEC 8-K summary
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Issuer:     Stellar V Capital Corp. (Cayman Islands) (SVCC)
CIK:        0002033593
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001213900-25-010996
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stellar V Capital Corp. closes $150M IPO; $151M placed in trust account.
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- IPO of 15,000,000 units at $10.00 per unit generated gross proceeds of $150,000,000.
- Private placement of 555,000 units at $10.00 per unit to sponsor (365k) and BTIG (190k) raised $5,550,000.
- Total of $151,050,000 ($10.07 per unit) placed in trust account with Continental Stock Transfer & Trust.
- Transaction costs totaled $8,782,919 including $3M cash underwriting fee and $5.25M deferred underwriting fee.
- Company had $813,909 cash and working capital of $626,978 as of January 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2033593/000121390025010996/0001213900-25-010996-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2033593/000121390025010996/ea0230152-8k_stellar5.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-010996

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