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InterPrivate Investment Partners V prices $175M IPO, listing on Nasdaq June 4, 2026

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04 Jun 2026, 17:00 WIB
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InterPrivate Investment Partners V prices $175M IPO, listing on Nasdaq June 4, 2026

InterPrivate Investment Partners V, a special purpose acquisition company (SPAC), priced its initial public offering at $175 million, selling 17.5 million units at $10 each. The units include one Class A share and one-third of a warrant, with warrants exercisable at $11.50 per share. Trading is set to begin on the Nasdaq Global Market under the ticker IPVVU on June 4, 2026, with separate trading of shares and warrants expected later. The company aims to use the proceeds to merge with or acquire a business, leveraging its management team's expertise in private equity and technology sectors.

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