InterPrivate Investment Partners V (IPVVU) sponsor acquires 365K Class A shares
Rhea-AI Filing Summary
InterPrivate Acquisition Management V LLC, a 10% owner of InterPrivate Investment Partners V, Inc., bought 365,000 Class A ordinary shares through Private Units purchased at $10.00 per unit in a private placement, for an aggregate $3,650,000.
Each Private Unit consists of one Class A ordinary share and one-third of one redeemable warrant. The reported 365,000 Class A shares are the shares included in these Private Units, which are held directly by the Sponsor.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 365,000 shares
Net Buy
1 txn
Insider
InterPrivate Acquisition Management V LLC
Role
10% Owner
Bought
365,000 shs ($0.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Ordinary Shares | 365,000 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Ordinary Shares — 365,000 shares (Direct)
Footnotes (2)
- F1. Simultaneously with the consummation of the Issuer's initial public offering, InterPrivate Acquisition Management V LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 365,000 units (the "Private Units") in a private placement for an aggregate purchase price of $3,650,000. Each Private Unit consists of one Class A ordinary share and one-third of one redeemable warrant. The reported shares are the 365,000 Class A ordinary shares included in such Private Units.
- F2. The securities are held directly by the Sponsor and indirectly by Ahmed Fattouh, who 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 any shares held by the Sponsor except to the extent of his pecuniary interest therein.
Key Figures
Shares acquired: 365,000 shares
Unit purchase price: $10.00 per unit
Aggregate purchase price: $3,650,000
+1 more
4 metrics
Shares acquired
365,000 shares
Class A ordinary shares included in Private Units
Unit purchase price
$10.00 per unit
Price paid by Sponsor in private placement
Aggregate purchase price
$3,650,000
Total paid for 365,000 Private Units
Warrant fraction per unit
One-third warrant
Each Private Unit includes one-third of one redeemable warrant
Key Terms
Private Units, redeemable warrant, beneficial ownership, ten percent owner
4 terms
Private Units financial
"365,000 units (the "Private Units") in a private placement"
redeemable warrant financial
"Each Private Unit consists of one Class A ordinary share and one-third of one redeemable warrant."
A redeemable warrant is a financial tool that gives its holder the right to buy shares of a company at a fixed price within a certain period. If the holder chooses to do so, the company can buy back or cancel the warrant before it expires, often to encourage investment or manage share issuance. For investors, it provides an option to potentially buy shares at a favorable price while offering some flexibility for the issuing company.
beneficial ownership financial
"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.
ten percent owner financial
"InterPrivate Acquisition Management V LLC ... is_ten_percent_owner": 1"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did IPVVU report on this Form 4?
The filing reports that InterPrivate Acquisition Management V LLC purchased 365,000 Class A ordinary shares via Private Units in a private placement, coinciding with the initial public offering. These shares are part of units bought directly by the Sponsor entity.
What price did the IPVVU Sponsor pay for the Private Units?
The Sponsor paid $10.00 per unit for 365,000 Private Units. This results in an aggregate purchase price of $3,650,000 for the units, each providing one Class A ordinary share plus one-third of one redeemable warrant.
Who holds the InterPrivate Investment Partners V (IPVVU) securities after this transaction?
The securities are held directly by InterPrivate Acquisition Management V LLC, the Sponsor. A related individual, Ahmed Fattouh, may be deemed to share beneficial ownership through control of the Sponsor’s managing member, subject to his pecuniary interest disclaimer.
What do the IPVVU Private Units consist of for this insider purchase?
Each Private Unit consists of one Class A ordinary share and one-third of one redeemable warrant. The Form 4 reports only the 365,000 Class A ordinary shares included in these Private Units as the non-derivative securities acquired.
Is this IPVVU insider transaction an open-market purchase or private placement?
The transaction occurred in a private placement completed simultaneously with the initial public offering. The Sponsor bought 365,000 Private Units at $10.00 per unit, rather than acquiring the shares through open-market trading on an exchange.