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AI brief of an SEC Form 8-K · Stellar V Capital Corp. (Cayman Islands) (SVCC)

Stellar V Capital issues $200,000 unsecured note to Nautilus Energy

Neutral Impact 2 of 5 financing Written later

Stellar V Capital Corp. issued a $200,000 unsecured promissory note on June 17, 2026, to Nautilus Energy Management Corp., a company controlled by its co-Chief Executive Officers, Prokopios (Akis) Tsirigakis and Georgios (George) Syllantavos. The note bears no interest, is repayable in full at the business combination, and can be converted at Nautilus's election into private placement units. For shareholders, this adds a related-party obligation and a possible future issuance of 20,000 units.

Key points

  • Note principal of $200,000 issued June 17, 2026, to Nautilus Energy Management Corp.
  • Nautilus is controlled by co-CEOs Prokopios (Akis) Tsirigakis and Georgios (George) Syllantavos.
  • The note bears no interest and is repayable in full upon consummation of the business combination.
  • If fully converted at $10.00 per unit, the company would issue 20,000 private placement units, sold without registration under Section 4(a)(2).

The filing

CompanyStellar V Capital Corp. (Cayman Islands) (SVCC)
Form8-K, current report
Filed with the SECJun 23, 2026, 4:30 PM ET
Accession number0001213900-26-071133

Items reported: 2.03 New Direct Financial Obligation3.02 Unregistered Equity Sale

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 23, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.