5,031,250 Class B shares tied to InterPrivate (IPVVU) CEO
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
InterPrivate Investment Partners V, Inc. director and Chief Executive Officer Ahmed Mohamed Fattouh filed an initial ownership report showing indirect control over 5,031,250 Class B ordinary shares. These Class B shares automatically convert into Class A ordinary shares on a one-for-one basis upon the company’s initial business combination or earlier at the holder’s option.
The position is held through InterPrivate Acquisition Management V LLC, the sponsor, and includes up to 656,250 shares that may be forfeited depending on underwriters’ over-allotment exercise in the IPO. Mr. Fattouh may be deemed to share voting and dispositive control but disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FATTOUH AHMED MOHAMED
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class B ordinary shares — 5,031,250 shares (Indirect, See footnote)
Footnotes (1)
- The Class B ordinary shares of InterPrivate Investment Partners V, Inc. (the "Issuer") have no expiration date and will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment, as described in the Registration Statement on Form S-1 (File No. 333-295323) (the "Registration Statement") related to the Issuer's initial public offering (the "IPO"). Includes up to 656,250 shares subject to forfeiture by InterPrivate Acquisition Management V LLC (the "Sponsor") depending on the extent to which the IPO underwriters' over-allotment option is exercised, as described in the Registration Statement. Mr. Fattouh controls the sole managing member of the Sponsor, IPAM (M) V LLC. Consequently, Mr. Fattouh may be deemed to share voting and dispositive control over the shares held by the Sponsor, and thus to share beneficial ownership of such securities. Mr. Fattouh disclaims any beneficial ownership of the securities held by the Sponsor other than to the extent of his pecuniary interest therein.
Key Figures
Indirect Class B holdings: 5,031,250 Class B ordinary shares
Underlying Class A shares: 5,031,250 Class A ordinary shares
Shares subject to forfeiture: 656,250 shares
+1 more
4 metrics
Indirect Class B holdings
5,031,250 Class B ordinary shares
Reported on Form 3 as indirect ownership
Underlying Class A shares
5,031,250 Class A ordinary shares
One-for-one conversion from Class B
Shares subject to forfeiture
656,250 shares
May be forfeited depending on IPO over-allotment exercise
Conversion price
$0.0000 per share
Conversion/exercise price for Class B to Class A
Key Terms
Class B ordinary shares, initial business combination, over-allotment option, beneficial ownership, +1 more
5 terms
initial business combination financial
"...will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination..."
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
over-allotment option financial
"Includes up to 656,250 shares subject to forfeiture by the Sponsor depending on the extent to which the IPO underwriters' over-allotment option is exercised..."
An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.
beneficial ownership financial
"Consequently, Mr. Fattouh may be deemed to share voting and dispositive control... and thus to share beneficial ownership of such securities."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"Mr. Fattouh disclaims any beneficial ownership of the securities held by the Sponsor other than to the extent of his pecuniary interest therein."
FAQ
What insider position did IPVVU CEO Ahmed Fattouh report on Form 3?
Ahmed Fattouh reported indirect control over 5,031,250 Class B ordinary shares of InterPrivate Investment Partners V, Inc. The filing is an initial ownership statement and does not reflect a new purchase or sale of shares.