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InterPrivate Investment Partners V (Nasdaq: IPVVU) closed its initial public offering of 20,125,000 units, including the full over-allotment, at $10.00 per unit on June 5, 2026, for $201.25 million in gross proceeds.
Units trade on Nasdaq as IPVVU and comprise one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant exercisable at $11.50 per share. The shares and warrants are expected to trade separately as IPVV and IPVVW.
InterPrivate Investment Partners V (Nasdaq: IPVVU) priced its initial public offering of 17,500,000 units at $10.00 per unit, for gross proceeds of $175 million. Units begin trading June 4, 2026, on the Nasdaq Global Market.
Each unit includes one Class A share and one-third of a warrant exercisable at $11.50. Underwriters have a 45-day option for up to 2,625,000 additional units.