Form 4 for SVCC Stellar V Capital Corp. (Cayman Islands)
Accepted 2025-01-31 00:00:00 ET · period of report 2025-01-31 · accession 0001213900-25-008988 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2025-01-31 | 2025-01-31 | SVCC | Tsirigakis Prokopios Akis | CEO, Pres, COB, Dir, 10% | P - Purchase | — | +365.0K | 365.0K | New | — |
| DI | 2025-01-31 | 2025-01-31 | SVCC | Tsirigakis Prokopios Akis | CEO, Pres, COB, Dir, 10% | P - Purchase | — | +182.5K | 182.5K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Ordinary Shares, par value $0.0001 | 2025-01-31 | P | A | 365,000 | — | 365,000 | I By Stellar V Sponsor LLC | — | — | (F1) Simultaneously with the consummation of the Company's initial public offering, Stellar V Sponsor LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 365,000 units (the "Private Units") in a private placement for an aggregate purchase price of $3,650,000. Each Private Unit consists of one Class A ordinary share, par value $0.0001, and one-half of one warrant. (F2) The Private Units were purchased for $10.00 per unit. (F3) Held by the Sponsor. Prokopios (Akis) Tsirigakis and George Syllantavos are the managing members of Stellar V Sponsor LLC. Prokopios (Akis) Tsirigakis and George Syllantavos have voting and investment discretion with respect to the ordinary shares held of record by Stellar V Sponsor LLC. |
| 2 | Derivative | Warrant | 2025-01-31 | P | A | 182,500 | — | 182,500 | I See Footnote | $11.50 · — to — | 182,500 Class A Ordinary Shares, par value $0.0001 | (F1) Simultaneously with the consummation of the Company's initial public offering, Stellar V Sponsor LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 365,000 units (the "Private Units") in a private placement for an aggregate purchase price of $3,650,000. Each Private Unit consists of one Class A ordinary share, par value $0.0001, and one-half of one warrant. (F2) The Private Units were purchased for $10.00 per unit. (F3) Held by the Sponsor. Prokopios (Akis) Tsirigakis and George Syllantavos are the managing members of Stellar V Sponsor LLC. Prokopios (Akis) Tsirigakis and George Syllantavos have voting and investment discretion with respect to the ordinary shares held of record by Stellar V Sponsor LLC. (F4) The warrants included in the Private Units will become exercisable at any time commencing 30 days after the completion of the Company's initial business combination. (F5) The warrants will expire five years after the completion of the Company's initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation. |