Thunder Bridge Capital Partners V Closes $300.15M IPO

Great Falls, VA, USA Thunder Bridge Capital Partners V, Ltd. announced the closing of its initial public offering of 30,015,000 units at $10.00 per unit, generating $300.15 million in gross proceeds. The offering includes the full exercise of the underwriters over-allotment option of 3,915,000 units.

The company units are listed on The Nasdaq Global Market under the ticker symbol TBCVU. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with whole warrants allowing the holder to purchase one Class A ordinary share at $11.50. Once separate trading begins, the Class A ordinary shares and warrants are expected to trade under the symbols TBCV and TBCVW, respectively.

Transaction Details

• Issuer: Thunder Bridge Capital Partners V, Ltd.
• Gross Proceeds: $300,150,000 placed into a trust account
• Sole Book-Running Manager: Cantor Fitzgerald & Co.
• Target: Special purpose acquisition company focusing on high potential businesses in the United States