Stellar V Capital Corp. (SVCCU) Prices $150M IPO
by Kristi Marvin on 2025-01-29 at 5:39pm

Stellar V Capital Corp. (NASDAQ:SVCCU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SVCCU”, Thursday, January 30, 2025.

The new SPAC intends to pursue a broad search process but with a focus on completing a combination with an established business of scale poised for continued growth and led by a highly regarded management team.

Stellar V’s sponsor team is led by Co-Chief Executive Officer, President and Chairman Prokopios (Akis) Tsirigakis, and Co-Chief Executive Officer, Chief Financial Officer, and Director George Syllantavos. Anastasios (Tassos) Chrysostomidis will be Vice President of Business Development.

Nicolas Bornozis, Christopher Thomas and Harry Braunstein will serve on its Board of Directors.

Total SPAC deal count for 2025 year-to-date is now 8. This offering is expected to close on Friday, January 31, 2025.


BTIG, LLC is acting as sole book-running manager for the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.

Recent Posts
by Nicholas Alan Clayton on 2025-02-11 at 8:20am

At the SPAC of Dawn  Companies going public in SPAC mergers have gotten used to dips in stock price of some magnitude or another when their transactions close, but only recently have they attempted to be proactive in setting the narrative during such times. Retail technology firm Alpha Modus (NASDAQ:AMOD) recently put out an aggressive...

by Kristi Marvin on 2025-02-10 at 7:32pm

Archimedes Tech SPAC Partners II Co. (NASDAQ:ATIIU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ATIIU”, Tuesday, February 11, 2025. The new SPAC intends to search for a target company in the technology industry, with a particular focus on artificial intelligence,...

by Nicholas Alan Clayton on 2025-02-10 at 2:06pm

Goldman Sachs veteran Peter Ort headlines two new SPACs that filed for IPOs Friday in Real Asset Acquisition Corp. (NASDAQ:RAAQU) and Digital Asset Acquisition Corp. (NASDAQ:DAAQU), which collectively sport some of the most team-friendly terms yet seen in 2025. Both new SPACs have 1/4 warrants in their units and no rights, bringing a level of...

by Nicholas Alan Clayton on 2025-02-10 at 8:17am

At the SPAC of Dawn  The pace of new SPAC filings has not slackened as three new S-1s were filed on either end of Super Bowl weekend seeking a combined $500 million in IPO proceeds. All three are underwritten by Cohen & Company and feature anchor investors as well as promotes upsized to the equivalent...

by Kristi Marvin on 2025-02-08 at 10:02am

Terms Tracker for the Week Ending February 7, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. This past week saw one new SPAC IPO price, bringing the year-to-date total to nine. K&F Growth Acquisition Corp. II successfully debuted and managed to...

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved