Thunder Bridge Capital Partners V, Ltd. Announces Closing of $300.15 Million Initial Public Offering, Including Full Exercise of Over-Allotment Option
Rhea-AI Summary
Thunder Bridge Capital Partners V (Nasdaq: TBCVU) closed its initial public offering of 30,015,000 units at $10.00 per unit, including the underwriters’ full over-allotment option of 3,915,000 units, for aggregate proceeds of $300.15 million.
Each unit comprises one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant exercisable at $11.50 per share. The units began trading on August 13, 2026 on Nasdaq under TBCVU, with Class A shares and warrants expected to trade separately as TBCV and TBCVW. According to the company, $300,150,000 from the IPO and a concurrent private placement was deposited into a trust account. The SPAC intends to pursue a business combination with high-potential U.S.-based businesses.
Positive
- $300,150,000 placed in trust from IPO and private placement
- IPO of 30,015,000 units at $10.00 per unit closed
- Underwriters’ over-allotment option fully exercised for 3,915,000 units
- Units listed on Nasdaq Global Market under ticker TBCVU
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Great Falls, VA, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Thunder Bridge Capital Partners V, Ltd. (the “Company”) announced today that it closed its initial public offering of 30,015,000 units at
Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of units,
The Company is a special purpose acquisition company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination in any industry, the Company intends to concentrate its search on high potential businesses based in the United States.
Cantor Fitzgerald & Co. acted as sole book-running manager for the offering.
The offering was made only by means of a prospectus. Copies of the prospectus may be obtained by contacting Cantor Fitzgerald & Co., Attention: Capital Markets, 110 East 59th Street, New York, New York 10022; Email: prospectus@cantor.com, or by accessing the SEC’s website, www.sec.gov.
A registration statement relating to the securities was declared effective by the Securities and Exchange Commission on August 12, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s initial public offering, the anticipated use of the net proceeds thereof and the Company’s search for and/or completion of an initial business combination. No assurance can be given that the net proceeds of the initial public offering will be used as indicated, or that the Company will complete an initial business combination. Forward-looking statements are subject to numerous risks, conditions and other uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the U.S. Securities and Exchange Commission (the “SEC”). Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact
Gary A. Simanson
gsimanson@thunderbridge.us
