{"id":253272,"date":"2025-02-02T11:49:06","date_gmt":"2025-02-02T09:49:06","guid":{"rendered":"https:\/\/maritimes.gr\/?p=253272"},"modified":"2025-02-02T11:49:06","modified_gmt":"2025-02-02T09:49:06","slug":"stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering","status":"publish","type":"post","link":"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/","title":{"rendered":"Stellar V Capital Corp. Announces Closing of $150 Million Initial Public Offering"},"content":{"rendered":"<p>NEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) &#8212; Stellar V Capital Corp. (the \u201cCompany\u201d), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the closing of its initial public offering of 15,000,000 units. The offering was priced at\u00a0$10.00\u00a0per unit, resulting in gross proceeds of\u00a0$150,000,000.<\/p>\n<p>The Company\u2019s units began trading on January 30, 2025 on the Nasdaq Global Market (\u201cNasdaq\u201d) under the ticker symbol \u201cSVCCU.\u201d Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at $11.50 per share. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and the warrants will be traded on Nasdaq under the symbols \u201cSVCC\u201d and \u201cSVCCW,\u201d respectively.<\/p>\n<p>The Company\u2019s management team is led by co-CEOs Prokopios (Akis) Tsirigakis and George Syllantavos who are also the Company\u2019s directors. In addition, the Company\u2019s board includes Nicolas Bornozis, Christopher Thomas and Harry Braunstein.<\/p>\n<p>The Company intends to use the net proceeds from the offering, and the simultaneous private placements of units and warrants, to consummate the Company\u2019s initial business combination.<\/p>\n<p>BTIG, LLC acted as sole book-running manager for the offering.<\/p>\n<p>The offering was made only by means of a prospectus. Copies of the prospectus may be obtained from BTIG, LLC, 65 East 55th Street New York, New York 10022, or by email at ProspectusDelivery@btig.com or by accessing the Securities and Exchange Commission (\u201cSEC\u201d)\u2019s website, www.sec.gov.<\/p>\n<p>A registration statement relating to the securities has been filed with, and declared effective by the SEC. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.<\/p>\n<p>About Stellar V Capital Corp.<\/p>\n<p>Stellar V Capital Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) &#8212; Stellar V Capital Corp. (the \u201cCompany\u201d), a  [&#8230;]<\/p>\n","protected":false},"author":23,"featured_media":253268,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[273,298],"tags":[],"class_list":["post-253272","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritimes-news","category-seagoing-maritimes-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Stellar V Capital Corp. Announces Closing of $150 Million Initial Public Offering - Maritimes<\/title>\n<meta name=\"description\" content=\"Stellar V Capital Corp. (the \u201cCompany\u201d), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stellar V Capital Corp. Announces Closing of $150 Million Initial Public Offering - Maritimes\" \/>\n<meta property=\"og:description\" content=\"Stellar V Capital Corp. (the \u201cCompany\u201d), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/\" \/>\n<meta property=\"og:site_name\" content=\"Maritimes\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-02T09:49:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2025\/02\/stellar_logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1066\" \/>\n\t<meta property=\"og:image:height\" content=\"492\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"maritimes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"maritimes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/\"},\"author\":{\"name\":\"maritimes\",\"@id\":\"https:\/\/maritimes.gr\/#\/schema\/person\/7295cde1ca3b52f05bfbcccfd749ef9e\"},\"headline\":\"Stellar V Capital Corp. Announces Closing of $150 Million Initial Public Offering\",\"datePublished\":\"2025-02-02T09:49:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/\"},\"wordCount\":403,\"image\":{\"@id\":\"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/maritimes.gr\/wp-content\/uploads\/2025\/02\/stellar_logo.jpg\",\"articleSection\":{\"0\":\"Maritimes NEWS\",\"2\":\"Seagoing\"},\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/\",\"url\":\"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/\",\"name\":\"Stellar V Capital Corp. Announces Closing of $150 Million Initial Public Offering - Maritimes\",\"isPartOf\":{\"@id\":\"https:\/\/maritimes.gr\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/maritimes.gr\/wp-content\/uploads\/2025\/02\/stellar_logo.jpg\",\"datePublished\":\"2025-02-02T09:49:06+00:00\",\"author\":{\"@id\":\"https:\/\/maritimes.gr\/#\/schema\/person\/7295cde1ca3b52f05bfbcccfd749ef9e\"},\"description\":\"Stellar V Capital Corp. (the \u201cCompany\u201d), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company,\",\"breadcrumb\":{\"@id\":\"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/#primaryimage\",\"url\":\"https:\/\/maritimes.gr\/wp-content\/uploads\/2025\/02\/stellar_logo.jpg\",\"contentUrl\":\"https:\/\/maritimes.gr\/wp-content\/uploads\/2025\/02\/stellar_logo.jpg\",\"width\":1066,\"height\":492},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0391\u03c1\u03c7\u03b9\u03ba\u03ae\",\"item\":\"https:\/\/maritimes.gr\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Stellar V Capital Corp. Announces Closing of $150 Million Initial Public Offering\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/maritimes.gr\/#website\",\"url\":\"https:\/\/maritimes.gr\/\",\"name\":\"Maritimes\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/maritimes.gr\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/maritimes.gr\/#\/schema\/person\/7295cde1ca3b52f05bfbcccfd749ef9e\",\"name\":\"maritimes\",\"url\":\"https:\/\/maritimes.gr\/en\/author\/maritimes\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Stellar V Capital Corp. Announces Closing of $150 Million Initial Public Offering - Maritimes","description":"Stellar V Capital Corp. (the \u201cCompany\u201d), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company,","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/","og_locale":"en_GB","og_type":"article","og_title":"Stellar V Capital Corp. Announces Closing of $150 Million Initial Public Offering - Maritimes","og_description":"Stellar V Capital Corp. (the \u201cCompany\u201d), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company,","og_url":"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/","og_site_name":"Maritimes","article_published_time":"2025-02-02T09:49:06+00:00","og_image":[{"width":1066,"height":492,"url":"https:\/\/maritimes.gr\/wp-content\/uploads\/2025\/02\/stellar_logo.jpg","type":"image\/jpeg"}],"author":"maritimes","twitter_card":"summary_large_image","twitter_misc":{"Written by":"maritimes","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/#article","isPartOf":{"@id":"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/"},"author":{"name":"maritimes","@id":"https:\/\/maritimes.gr\/#\/schema\/person\/7295cde1ca3b52f05bfbcccfd749ef9e"},"headline":"Stellar V Capital Corp. Announces Closing of $150 Million Initial Public Offering","datePublished":"2025-02-02T09:49:06+00:00","mainEntityOfPage":{"@id":"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/"},"wordCount":403,"image":{"@id":"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/#primaryimage"},"thumbnailUrl":"https:\/\/maritimes.gr\/wp-content\/uploads\/2025\/02\/stellar_logo.jpg","articleSection":{"0":"Maritimes NEWS","2":"Seagoing"},"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/","url":"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/","name":"Stellar V Capital Corp. Announces Closing of $150 Million Initial Public Offering - Maritimes","isPartOf":{"@id":"https:\/\/maritimes.gr\/#website"},"primaryImageOfPage":{"@id":"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/#primaryimage"},"image":{"@id":"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/#primaryimage"},"thumbnailUrl":"https:\/\/maritimes.gr\/wp-content\/uploads\/2025\/02\/stellar_logo.jpg","datePublished":"2025-02-02T09:49:06+00:00","author":{"@id":"https:\/\/maritimes.gr\/#\/schema\/person\/7295cde1ca3b52f05bfbcccfd749ef9e"},"description":"Stellar V Capital Corp. (the \u201cCompany\u201d), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company,","breadcrumb":{"@id":"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/#primaryimage","url":"https:\/\/maritimes.gr\/wp-content\/uploads\/2025\/02\/stellar_logo.jpg","contentUrl":"https:\/\/maritimes.gr\/wp-content\/uploads\/2025\/02\/stellar_logo.jpg","width":1066,"height":492},{"@type":"BreadcrumbList","@id":"https:\/\/maritimes.gr\/en\/stellar-v-capital-corp-announces-closing-of-150-million-initial-public-offering\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0391\u03c1\u03c7\u03b9\u03ba\u03ae","item":"https:\/\/maritimes.gr\/en\/"},{"@type":"ListItem","position":2,"name":"Stellar V Capital Corp. Announces Closing of $150 Million Initial Public Offering"}]},{"@type":"WebSite","@id":"https:\/\/maritimes.gr\/#website","url":"https:\/\/maritimes.gr\/","name":"Maritimes","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/maritimes.gr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/maritimes.gr\/#\/schema\/person\/7295cde1ca3b52f05bfbcccfd749ef9e","name":"maritimes","url":"https:\/\/maritimes.gr\/en\/author\/maritimes\/"}]}},"_links":{"self":[{"href":"https:\/\/maritimes.gr\/en\/wp-json\/wp\/v2\/posts\/253272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maritimes.gr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maritimes.gr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maritimes.gr\/en\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/maritimes.gr\/en\/wp-json\/wp\/v2\/comments?post=253272"}],"version-history":[{"count":1,"href":"https:\/\/maritimes.gr\/en\/wp-json\/wp\/v2\/posts\/253272\/revisions"}],"predecessor-version":[{"id":253273,"href":"https:\/\/maritimes.gr\/en\/wp-json\/wp\/v2\/posts\/253272\/revisions\/253273"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/maritimes.gr\/en\/wp-json\/wp\/v2\/media\/253268"}],"wp:attachment":[{"href":"https:\/\/maritimes.gr\/en\/wp-json\/wp\/v2\/media?parent=253272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maritimes.gr\/en\/wp-json\/wp\/v2\/categories?post=253272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maritimes.gr\/en\/wp-json\/wp\/v2\/tags?post=253272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}