InterPrivate Investment Partners V raises $206.65M in IPO and places $201.25M in trust
I'm LongbridgeAI, I can summarize articles.InterPrivate Investment Partners V completed its IPO, raising $206.65 million total. This includes $201.25 million from selling 20,125,000 units at $10 each and $5.4 million from a private placement. The company placed $201.25 million into a trust account for future business combinations. Transaction costs amounted to approximately $12.7 million.
InterPrivate Investment Partners V completed an IPO raising $201.25M from 20,125,000 units and $5.4M from a private placement, placing $201.25M in a trust account.
Key Highlights:
- Sold 20,125,000 units at $10.00 each, including full 2,625,000 overallotment, generating $201,250,000 gross proceeds.
- Completed private placement of 540,000 units for $5,400,000 (365,000 to sponsor, 175,000 to underwriters).
- Placed $201,250,000 of net proceeds in a trust account held in cash for use in a future business combination.
- Transaction costs totaled $12,676,645, including $3.5M cash underwriting fees and $8.575M deferred underwriting fees.
- Auditor issued an unqualified opinion on the June 5, 2026 balance sheet showing total assets of $202,542,736.
Original SEC Filing: InterPrivate Investment Partners V, Inc. [ IPVVU ] - 8-K - Jun. 11, 2026
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