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:   2026-06-23T20:30:16+00:00
Accession:  0001213900-26-071133
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stellar V Capital issues $200K unsecured promissory note to entity controlled by co-CEOs
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- Note for $200,000 issued on June 17, 2026 to Nautilus Energy Management Corp., controlled by co-CEOs Tsirigakis and Syllantavos.
- Note bears no interest and is repayable in full upon consummation of a business combination.
- Payee may convert note at $10.00 per unit into units identical to those in IPO private placement, up to 20,000 units.
- Conversion requires written notice at least one business day before business combination close.
- Payee waives all claims against the SPAC trust account; repayment only from funds outside trust if no deal closes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2033593/000121390026071133/0001213900-26-071133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2033593/000121390026071133/ea0295613-8k_stellar5.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-071133

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