{"url_path":"/sec/svcc/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/2033593/0001213900-26-056702-index.html","accession_number":"0001213900-26-056702","cik":"0002033593","ticker":"SVCC","issuer_name":"Stellar V Capital Corp. (Cayman Islands)","edgar_url":"https://www.sec.gov/Archives/edgar/data/2033593/0001213900-26-056702-index.html","primary_entity_key":"0002033593","primary_entity_name":"Stellar V Capital Corp. (Cayman Islands)"},"word_count":300,"has_tables":true,"body_markdown":"**Item 2. Unregistered Sales of Equity Securities\nand Use of Proceeds.**\n\n \n\nOn January 31, 2025, in connection with the closing\nof the Initial Public Offering, the underwriters were paid a cash underwriting discount of $0.20 per Unit, or $3,000,000 in the aggregate.\nIn addition, the underwriters were entitled to a fee of $0.35 per unit, or approximately $5.25 million in the aggregate, payable to the\nunderwriters for deferred underwriting commissions. BTIG, LLC acted as sole book-running manager, of the Initial Public Offering. The\nsecurities in the offering were registered under the Securities Act on registration statement on Form S-1 (No. 333-283612). The Securities\nand Exchange Commission declared the registration statements effective on January 29, 2025.\n\n \n\nSimultaneously with the closing of the Initial\nPublic Offering, we consummated the sale of 555,000 Private Placement Units at a price of $10.00 per Private Placement Unit, in a private\nplacement to the Company’s sponsor, Stellar V Sponsor LLC, a Delaware limited liability company (“Sponsor”), and BTIG,\nLLC (“BTIG”), the representative of the underwriters, generating gross proceeds of $5,550,000, which is described in Note\n4. Each Private Placement Unit consists of one Class A ordinary share and one-half of one redeemable warrant (“Private Placement\nWarrant”). Each whole Private Placement Warrant entitles the holder to purchase one Class A ordinary share at an exercise price\nof $11.50 per share, subject to adjustment. The issuance was made pursuant to the exemption from registration contained in Section 4(a)(2)\nof the Securities Act.\n\n \n\nWe paid a total of $8,782,919, consisting of\n$3,000,000 of cash underwriting fee, $5,250,000 of deferred underwriting fee, and $532,919 of other offering costs and expenses related\nto the Initial Public Offering.\n\n \n\nFor a description of the use of the proceeds\ngenerated in our Initial Public Offering, see Part I, Item 2 of this Form 10-Q."}