Haymaker Acquisition Corp V (HYAC) closed its initial public offering of 28,750,000 units on September 18, 2026, including 3,750,000 units from the full exercise of the underwriters’ over-allotment option, at $10.00 per unit for gross proceeds of $287,500,000.
The units began trading on September 17, 2026, on the NYSE under the symbol HYACU. Each unit includes one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable at $11.50 per share, subject to adjustments, and only whole warrants will trade. Once separated, the Class A ordinary shares and warrants are expected to trade on NYSE under HYAC and HYACW, respectively.
All $287,500,000 of proceeds from the IPO and a concurrent private warrant placement were placed in a trust account. The blank check company plans to pursue business combinations, with a primary focus on industrial, consumer and related sectors.