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InterPrivate Investment Partners V Prices IPO Of 17.5M Units At $10 Per Unit; To Trade Under Symbol 'IPVV'
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InterPrivate Investment Partners V, Inc. (the "Company"), a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, announced the pricing of its initial public offering of 17,500,000 units at a price of $10.00 per unit on June 3, 2026. The units are expected to be listed for trading on the Nasdaq Global Market under the ticker symbol "IPVVU" beginning June 4, 2026. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant of the Company. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. Once the securities comprising the units begin separate trading, the Company expects that its Class A ordinary shares and warrants will be listed on the Nasdaq Global Market under the symbols "IPVV" and "IPVVW," respectively. The offering is expected to close on June 5, 2026, subject to customary closing conditions.

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