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.
InterPrivate Investment Partners V, Inc. is conducting an initial public offering of 17,500,000 units at $10.00 per unit, for aggregate gross proceeds of $175,000,000. Each unit contains one Class A ordinary share and one-third of one redeemable warrant; whole warrants exercise at $11.50. The underwriters have a 45-day option to buy an additional 2,625,000 units. The sponsor and underwriters will purchase 540,000 private placement units for $5,400,000 in a concurrent private placement. Proceeds (including amounts from the offering and private placement) of $175,000,000 (or $201,250,000 if the over-allotment is exercised) will be placed in a U.S.-based trust account. The sponsor holds 5,031,250 founder shares purchased for $25,000, which convert into Class A shares on consummation of a business combination and may cause substantial dilution to public shareholders. The company has a 24-month completion window to effect an initial business combination.
InterPrivate Acquisition Management V LLC, a 10% owner of InterPrivate Investment Partners V, Inc., reports beneficial ownership of 5,031,250 Class B ordinary shares. These Class B shares automatically convert into Class A ordinary shares on a one-for-one basis in connection with the company’s initial business combination or earlier at the holder’s option.
The position includes up to 656,250 shares that may be forfeited depending on how much of the IPO underwriters’ over-allotment option is exercised. A controlling person, Mr. Fattouh, may be deemed to share voting and dispositive control over these shares but disclaims beneficial ownership beyond his pecuniary interest.
InterPrivate Investment Partners V, Inc. filed an initial insider ownership report for Bentley Brandon Cowles, who serves as General Counsel. This Form 3 establishes his status as a reporting person for the company’s securities but does not list any specific transactions or holdings in the provided data.
InterPrivate Investment Partners V, Inc. director Nicholaos Constantinos Krenteras filed an initial Form 3, which is a required ownership report for insiders. This filing shows no reported transactions, no derivative positions and no holding entries, so it functions purely as an initial status disclosure.
InterPrivate Investment Partners V, Inc. disclosed that company officer Kevin Colman Cox, a Vice President, has filed an initial statement of beneficial ownership on Form 3. The filing reports no buy, sell, gift, exercise, or other insider transactions in this submission.
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.
InterPrivate Investment Partners V, Inc. director Dimitri John Goulandris has filed a Form 3, which is an initial statement of beneficial ownership. The data provided shows no reported purchases, sales, exercises, gifts, tax withholdings, or other transactions, indicating no trading activity is being disclosed in this filing.
InterPrivate Investment Partners V, Inc. is conducting an initial public offering of 17,500,000 units at $10.00 each, registering $175,000,000 of securities. Each unit includes one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant exercisable at $11.50 per share.
The SPAC will place $175,000,000 (or $201,250,000 if the over-allotment option is fully exercised) into a U.S.-based trust account. Public shareholders may redeem shares in connection with the business combination or any approved extension, and the SPAC has 24 months from closing to complete a deal before liquidating the trust.
The sponsor bought 5,031,250 Class B founder shares for $25,000 and will purchase 365,000 of 540,000 private placement units at $10.00 each, alongside 175,000 units purchased by the underwriters. Founder share anti-dilution rights and up to $1,500,000 of convertible working-capital loans may materially dilute public shareholders.