Thunder Bridge Capital Partners V closes $300.15 million IPO with full over-allotment
Thunder Bridge Capital Partners V, Ltd. closed its initial public offering of 30,015,000 units at $10.00 per unit on August 14, 2026, including 3,915,000 units from the full exercise of the underwriters' over-allotment option. The company is a special purpose acquisition company with no business combination yet, and all $300,150,000 of IPO and private placement proceeds was placed in a trust account, which shareholders can access only under the conditions set out in the filing.
Key points
- 30,015,000 units sold at $10.00 each, including 3,915,000 units from the full over-allotment exercise, for gross proceeds of $300,150,000
- Private placement of 747,000 units to the Sponsor and Cantor at $10.00 per unit, for approximately $7,470,000
- $300,150,000 placed in a trust account with Continental Stock Transfer & Trust Company; funds are released only after an initial business combination, a qualifying shareholder vote, or a failure to complete a business combination within 24
- Four directors, David Burg, Mary Anne Gillespie, Stewart J. Paperin and Allerd D. Stikker, were appointed August 12, 2026; units began trading under TBCVU on August 13, 2026
The filing
Written by AI on Nov 9, 2026, 11:48 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 August 14, 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.