InterPrivate Investment Partners V IPVV

InterPrivate Investment Partners V, Inc. is a blank check company incorporated in the Cayman Islands on November 26, 2025 formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The company has not engaged in any operations nor generated any revenues to date. Its only activities from inception through June 30, 2026 were organizational activities necessary to prepare for the Initial Public Offering and identifying a target company for a Business Combination. The company does not expect to generate any operating revenues until after the completion of its Business Combination. It generates non-operating income in the form of interest income on marketable securities held in the Trust Account. The company incurs expenses as a result of being a public company for legal, financial reporting, accounting and auditing compliance, as well as for due diligence expenses.

InterPrivate Investment Partners V, Inc. generates revenue solely through interest earned on cash and marketable securities held in the Trust Account, which consists of U. S. Treasury Bills with a maturity of 185 days or less. For the three months ended June 30, 2026, the company earned interest income of $450,034, which contributed to a net income of $315,745 after offsetting general and administrative expenses of $134,289. For the six months ended June 30, 2026, interest income remained at $450,034, resulting in a net income of $283,658 after general and administrative expenses of $166,376. The company does not have any primary products, services, or operational revenue streams at this stage. Its financial activity is limited to the investment of proceeds from its Initial Public Offering and Private Placement Units. The company intends to use substantially all of the funds held in the Trust Account, including interest earned, to complete its Business Combination.

The company operates through the following segments:

InterPrivate Investment Partners V, Inc. operates in the special purpose acquisition company (SPAC) industry, which is characterized by entities formed to raise capital through an initial public offering for the purpose of acquiring an existing company. The company faces competition from other SPACs seeking to identify and complete business combinations with target businesses. Its competitive advantages include the funds held in trust, the experience of its management team in identifying and executing transactions, and the ability to structure deals using a combination of cash, shares, and debt. The 2024 SPAC Rules adopted by the SEC may materially affect its ability to negotiate and complete an initial Business Combination and may increase the costs and time related thereto. These rules require additional disclosures relating to SPAC sponsors, Business Combination transactions, dilution, conflicts of interest, and projections, and mandate that both the SPAC and its target company be co-registrants in connection with registration statements.

InterPrivate Investment Partners V, Inc. does not have a customer base in the traditional sense, as it has not yet completed a Business Combination and generates no operating revenues. The company serves no specific customers or client segments at this stage of its development. Its activities are focused on identifying and evaluating target businesses, performing due diligence, and structuring a potential Business Combination. The company intends to use funds held outside the Trust Account primarily for these pre-combination activities, including travel, document review, and negotiations with prospective target businesses or their representatives. Upon completion of a Business Combination, the company expects to serve the customer base of the acquired business or businesses.