InterPrivate Investment Partners V Closes $201M IPO on Nasdaq

New York, NY, USA - InterPrivate Investment Partners V, Inc. (Nasdaq: IPVVU) has officially announced the closing of its initial public offering (IPO), raising total gross proceeds of $201.25 million. The company issued 20,125,000 units at a price of $10.00 per unit, a figure that includes the full exercise of the underwriters over-allotment option.

The company, which is a blank check entity formed to facilitate mergers, share exchanges, or similar business combinations, began trading its units on the Nasdaq Global Market under the ticker symbol IPVVU on June 4, 2026. Each unit comprises one Class A ordinary share and one-third of one redeemable public warrant, with whole warrants allowing the purchase of Class A ordinary shares at $11.50.

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