EX-99.1 2 ea023493601ex99-1_stellar5.htm PRESS RELEASE DATED MARCH 19, 2025 Exhibit 99.1 Stellar V Capital Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing March 24, 2025 NEW YORK, March 19, 2025 (GLOBE NEWSWIRE) -- Stellar V Capital Corp. (the “Company”), a special purpose acquisition company formed as a Cayman Islands exempted company, today announced that commencing March 24, 2025, holders of the units sold in the Company’s initial public offering completed on January 31, 2025 may elect to separately trade the Class A ordinary shares of the Company and the warrants included in such units on The Nasdaq Global Market (“Nasdaq”). The Class A ordinary shares and warrants that are separated will trade on Nasdaq under the symbols “SVCC” and “SVCCW,” respectively. Those units not separated will continue to trade on Nasdaq under the symbol “SVCCU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into Class A ordinary shares and Warrants. The units were initially offered by the Company in an underwritten offering. BTIG, LLC a…
Open exhibit ↗Current Report · Items 8.01, 9.01 · 8-K
Stellar V Capital Corp. (Cayman Islands)
SVCCNASDAQEQUITYCurrent
Other Events
Item 8.01. Other Events. On March 19, 2025, Stellar V Capital Corp. (the “Company”) announced that, on or about March 24, 2025, the holders of the Company’s units (the “Units”) may elect to separately trade the Class A ordinary shares and warrants included in the Units. Each Unit consists of one Class A ordinary and one-half of one warrant.…
Company context
We are a blank check company incorporated on July 12, 2024 as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target, and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.