Stellar V Sponsor LLC - 31 Jan 2025 Form 4 Insider Report for Stellar V Capital Corp. (Cayman Islands) (SVCC)

Role
10%+ Owner
Signature
By: /s/ Akis Tsirigakis Title: President
Issuer symbol
SVCC
Transactions as of
31 Jan 2025
Net transactions value
$0
Form type
4
Filing time
31 Jan 2025, 18:26:36 UTC
Previous filing
29 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVCC Class A Ordinary Shares, par value $0.0001 Purchase +365,000 365,000 31 Jan 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SVCC Warrant Purchase +182,500 182,500 31 Jan 2025 Class A Ordinary Shares, par value $0.0001 182,500 $11.50 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 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.
F4 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.

Remarks:

1. 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.