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InterPrivate II Acquisition Corp.

IPVA · NYSE

Trust settledGetaround, Inc · Finished

NO ACTION REQUIRED

Nothing left to do

The purchase completed and the shares became shares in the company it bought. There is no deadline left to miss.

No price history on file yet — daily closes accumulate from the market data feed.

Trust settled · There is no line to draw here. This vehicle has finished: the cash was paid back or spent closing the deal, so the last filed figure describes an account that no longer exists and would be a floor under nothing.

SpacBrain’s read

Trust settled

The deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).


In plain terms

What it is
A SPAC from InterPrivate (Bentley Brandon Cowles), listed on NYSE in March 2021.
What it's doing now
It agreed to buy Getaround, Inc. That purchase completed, and it stopped being a SPAC — the shares became shares in the business it bought.
What you should know
This SPAC has finished. The purchase completed, and the shares became shares in the company it bought — anyone who wanted the cash instead asked for it at the vote, so there is no cash left here to claim and no deadline left to miss.

At a glance

Where it stands
Closed (deSPAC)
The business it bought
Getaround, Inc — Offering a 100% digital experience, Getaround makes sharing cars and trucks simple through its proprietary cloud and in-car Connect ® technology.
Industry
the deal record does not name the target's industry yet
Deal value
not stated in the filings we hold
Price vs cash at settlement
no live price on file
Cash in trust when it settled
not yet extracted into a snapshot — the filings below may state it
the last trust total filed while this was still a SPAC — the account has since been paid out or used to close the deal
IPO
9 March 2021
size not on file
Headquarters
55 GREEN STREET, SAN FRANCISCO, CA, 94111
registered in Delaware
Lead underwriter
not extracted from the prospectus yet
Key officers
Mudrick Jason · Jackson Spencer D. (General Counsel & Secretary) · Huerta Patricia (Interim CFO)
Listed securities
IPVA common
Cash held per sharenot filed for this window

This vehicle has finished, so there is no window to file a cash-per-share figure for and none will follow. No estimate is shown in its place.

Next date that mattersno dated event on file

Nothing dated is on file. That is an absence in the record, not a statement that nothing is coming.

Yield to redemption

Nothing left to redeem — no yield to compute.

This SPAC has finished — its trust was paid back or used to close the deal, so there is nothing left to redeem and no yield to compute. A yield to redemption is a claim that you can hand these shares back for the trust cash. That account is closed, so this page will not print a number here.


What happened to the cash

The reasoning behind the verdict above, in the order the filings establish it.

  1. The deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).

What has happened, and what is coming

1 dated milestone

Every dated step from the day it listed to the next date you may have to act on. Where you have to do something, the day your broker needs the instruction is marked too.

  1. 9 March 2021IPOpassed

    IPO size not on file


The deal

terms as filed

What it is buying, on what terms, and how much of the combined company new shares take from you.


The score

deterministic, from filed fields

IPVA is not in the scored universe, so no score is shown. A withheld score is a fact about the record, not a verdict about the company.

Asymmetric return scoreNeither a price nor a cash-per-share figure is on file for this vehicle, and the score is a ratio between the two. Nothing is estimated to fill the gap.

The score is only published for names that carry both a price and a filed cash-per-share figure — 292 of the tracked fleet today. The rest keep an empty dial rather than a modelled one, and fill in by themselves as the fields land.

See the names that are scored, and how


The company

from SEC filings
Read the full profile

InterPrivate II Acquisition Corp. was a blank-check company whose common stock traded on the New York Stock Exchange under the ticker IPVA. The company priced its initial public offering on March 9, 2021, under SEC file number 333-253188, with shares registered for cash on S-1 0001213900-21-009888 and priced pursuant to 424B prospectus 0001213900-21-014130. The registrant was assigned SEC CIK 0001839608 and SIC industry code 7510, covering Services-Auto Rental & Leasing (No Drivers). The vehicle completed a business combination and no longer files as a separate entity, with its closure established by an 8-K filed on December 14, 2022 (0001193125-22-304902) reporting a change in shell company status under Item 5.06. EDGAR now files CIK 0001839608 under the name Getaround, Inc.


Material findings

from the full read of every filing

Every document this company files gets read whole — body and exhibits. These are the ones the read flagged as material, newest first, each citing its filing.

  • Item 8.01 states that, absent a change in circumstances, the Company does not presently expect there will be any available proceeds for distributions to stockholders after applying proceeds to its outstanding debt obligations and other liabilities. Holders' rights are now only those the DGCL gives stockholders of a dissolved corporation. The report is signed by a Chief Restructuring Officer.

  • This is a wind-down vote, the terminal outcome for a de-SPAC: holders are being asked to approve dissolution rather than any strategic alternative. The October 31, 2026 date is a hard financing cliff, because the lender can walk from the Funding Agreement if SEC review delays the vote, and the company states it may then be unable to fund even an orderly liquidation, which would push the process toward bankruptcy where common holders recover nothing. Mudrick Capital, holder of a $3.0 million promissory note issued August 7, 2023, ranks ahead of equity.

  • Every date in this filing is still a bracketed blank — the meeting date, the meeting time, the record date and the mailing date are all unset — so nothing in it can be entered as a deadline, and a later definitive proxy must supply them. The board may amend, modify or abandon the Plan of Distribution at any time and without further stockholder action. The notice is signed by Mauricio Rivera as Senior Vice President and Chief Restructuring Officer, and describes the board's resolutions as being in the best interests of the company and its residual claimants.

  • The proceeds retire debt standing ahead of stockholders. Mudrick Capital Management L.P., for the senior secured holders, agreed under DGCL Section 272(b)(2) to the sale in lieu of exercising remedies and to deem the prior super priority note satisfied in full on closing, cutting roughly $121.7 million of senior secured debt. Of the 8.00%/9.50% Convertible Senior Secured PIK Toggle Notes due 2027, $239.8 million principal was outstanding at April 30, 2026; Mudrick would convert part of it to support the dissolution and intends to vote in favour.

  • A permitted ratio range as wide as 1-for-10 to 1-for-50 signals the board does not know how far the share price will fall before it acts, and a 1-for-50 split is the kind of compression sought only when a stock is trading in cents. That places Getaround in listing-compliance territory barely eighteen months after the December 8, 2022 Legacy Getaround acquisition closed. The change of auditor to a small firm alongside the split is a further signal of a company reducing cost under pressure rather than scaling.

  • The cover terms are the same as in the previous amendment: aggregate transaction consideration equal to $800 million divided by $10.00 in Class A shares, Getaround stockholder approval already obtained by written consent, Founder Shares converting one-for-one, and the Sponsor waiving certain anti-dilution rights. What this amendment actually revised is not stated on the cover or in the transmittal letter, so nothing on the face of it should be read as a change in economics, and the 72,433,973 registered shares remain a ceiling rather than an issued count.

Show 5 more material filings
  • The aggregate transaction consideration payable at Closing is a number of Class A shares equal to $800 million divided by $10.00, so it is fixed in dollars and converted at a stated price rather than floating with the market. Getaround's in-the-money vested options are net-settled into Class A stock, its other options and unvested restricted stock units are assumed by InterPrivate II, and its convertible bridge notes convert into Class A stock. Founder Shares convert one-for-one into Class A stock, and the Sponsor agreed to waive certain anti-dilution rights on them at the Closing.

  • The financing carrying this deal is debt, not a PIPE: Convertible Notes of at least $100 million and up to $175 million, initially convertible into up to 15,218,000 Class A shares at 86.96 shares per $1,000 — an initial conversion price of about $11.50 that adjusts DOWNWARD to 115% of the average daily VWAP, so the share count rises if the stock falls. Trust held $258,991,111 at June 30, 2022. Non-redeeming public stockholders receive Bonus Shares — 7,420,779 in the no-redemption scenario. The sponsor, other initial stockholders and EarlyBirdCapital hold about 20.5% of InterPrivate II today.

  • This version exposes the incentives built to stop redemptions. Escrow Shares — 8,333,333 multiplied by the PIPE amount capped at $125,000,000 over $125,000,000 — are set aside as PIPE Protection Shares for PIPE investors, and the negotiating history records a proposed re-allocation of 90% of the Private Warrants to incentivise further financing or to persuade public stockholders not to redeem, alongside a reduction of the Minimum Cash Condition from $200.0 million to $175.0 million during those talks. The Convertible Notes remain at least $100 million and up to $175 million.

  • The aggregate transaction consideration payable at Closing is a number of Class A shares equal to $800 million divided by $10.00, so the dollar amount is fixed and converted at a stated price. Getaround's in-the-money vested options are net-settled into Class A stock, its other options and unvested restricted stock units are assumed, and its convertible bridge notes convert into Class A stock. Founder Shares held by the Sponsor and the other Initial Stockholders convert one-for-one into Class A stock, and the Sponsor agreed to waive certain anti-dilution rights on them.

  • One side of this deal is already decided: the document states that the requisite approval of the Getaround stockholders has already been obtained by written consent of certain Getaround stockholders, so the only vote still outstanding is InterPrivate II's. For a reader tracking closing risk, target approval is not a condition left to run on this transaction, and the S-4 exists to register the shares and solicit the SPAC's own holders.


Filings

live EDGAR feed

Everything this company has filed with the SEC recently, newest first, each with a plain summary of what changed and why it matters.

  • What changed: 8-K of Getaround, Inc. Item 5.07 (submission of matters to a vote): at the July 29, 2026 special meeting stockholders approved the Dissolution and the Plan of Liquidation and Distribution, 108,442,981 for, 2,192,192 against, 21,556,458 abstaining, 0 broker non-votes; the adjournment proposal was not presented. Item 3.03: immediately after the meeting the Company filed a certificate of dissolution with Delaware, effective on filing, and closed its transfer books, so the common stock is no longer transferable on the Company's books except by will, intestate succession or operation of law. Why it matters: Item 8.01 states that, absent a change in circumstances, the Company does not presently expect there will be any available proceeds for distributions to stockholders after applying proceeds to its outstanding debt obligations and other liabilities. Holders' rights are now only those the DGCL gives stockholders of a dissolved corporation. The report is signed by a Chief Restructuring Officer.

  • What changed: Getaround, Inc. (successor to SPAC InterPrivate II Acquisition Corp) called a special meeting for Wednesday, July 29, 2026 at 11:00 a.m. ET by webcast, record date June 17, 2026, to vote on a dissolution proposal plus an adjournment proposal. The proxy warns that failure to complete the process on schedule, or prior to October 31, 2026 if the SEC reviews the proxy and issues comments, would default the Funding Agreement, letting the lender terminate it, after which no further funding would come under the New SPN and the company may lack money for an orderly wind-down. Why it matters: This is a wind-down vote, the terminal outcome for a de-SPAC: holders are being asked to approve dissolution rather than any strategic alternative. The October 31, 2026 date is a hard financing cliff, because the lender can walk from the Funding Agreement if SEC review delays the vote, and the company states it may then be unable to fund even an orderly liquidation, which would push the process toward bankruptcy where common holders recover nothing. Mudrick Capital, holder of a $3.0 million promissory note issued August 7, 2023, ranks ahead of equity.

    going-concern doubtnothing moved · 1 with no prior record of ours
    Going-concern doubt
    stated · unchanged

    The clause …“the SEC since November 2023, we identified a variety of matters that raised substantial doubt about our ability to continue in existence as a going concern. Effective August 16, 2024, our common stock was delisted from the New York”…

    Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.

Show the other 10 filings
  • What changed: Getaround, Inc. filed a preliminary proxy statement, marked subject to completion, for a Special Meeting of Stockholders to be held by live webcast. Two proposals: to authorise and approve the dissolution of the company under Section 275 et seq. of the Delaware General Corporation Law and to authorise, adopt and approve the Plan of Liquidation and Distribution; and adjournment. The notice records the board's resolutions declaring the dissolution and the plan advisable and recommending stockholder approval under Section 275(a). Why it matters: Every date in this filing is still a bracketed blank — the meeting date, the meeting time, the record date and the mailing date are all unset — so nothing in it can be entered as a deadline, and a later definitive proxy must supply them. The board may amend, modify or abandon the Plan of Distribution at any time and without further stockholder action. The notice is signed by Mauricio Rivera as Senior Vice President and Chief Restructuring Officer, and describes the board's resolutions as being in the best interests of the company and its residual claimants.

  • What changed: Getaround, Inc. filed as soliciting material a Form 8-K reporting the April 8, 2026 letter agreement with GoMore ApS and the sale of its European business that followed. On April 22, 2026, after the French social and economic council opinion was obtained and GoMore's financing secured, the sellers and GoMore signed the share purchase agreement and consummated it effective April 30, 2026. GoMore acquired the equity of the European targets, including Getaround SAS and Getaround Norway AS, for approximately 31.5 million euros in cash and a non-interest-bearing promissory note. Why it matters: The proceeds retire debt standing ahead of stockholders. Mudrick Capital Management L.P., for the senior secured holders, agreed under DGCL Section 272(b)(2) to the sale in lieu of exercising remedies and to deem the prior super priority note satisfied in full on closing, cutting roughly $121.7 million of senior secured debt. Of the 8.00%/9.50% Convertible Senior Secured PIK Toggle Notes due 2027, $239.8 million principal was outstanding at April 30, 2026; Mudrick would convert part of it to support the dissolution and intends to vote in favour.


The record

The reference detail — how the shares were structured at listing, how thinly they trade, and where the company is registered.

Show the reference detail

Unit structure

Cash in trust at IPOnot extracted from the prospectus

from 424B3 0000950170-25-018836

Trading & liquidity

Average daily volume (20d)no volume reported on the bars we hold
Average daily $ volumeneeds both volume and a live price
Range over the bars heldnot enough price history
Total cash in trustthe trust total is not in the last XBRL stamp

Company profile

Industry (SIC)Services-Auto Rental & Leasing (No Drivers) (7510)
Registered inDelaware
Exchange · CIKNYSE · 0001839608

All filings on EDGARopens on sec.gov in a new tab

Directors & officers


Institutional holders

from SC 13G/13D

Funds that have declared a stake above 5%. Heavy ownership by arbitrage funds usually means heavy cash-outs at the next vote.

Show the declared stakes

8 filers with a stake on file · 0 re-affirmed in the last 12 months. A stake with no amendment since is the filer’s last word on it, not proof it is still held — and percentages filed in different years are percentages of different floats, because this vehicle’s share count collapses at every redemption.

One line per filer, not per reporting person: a joint schedule names the management company, its funds and often the individual who controls them, and all of them report the same shares. Click a name for that filer’s whole footprint across every SPAC it has declared a stake in.


News

company wires and the financial press

Reporting we have matched to this ticker. Headlines belong to the outlets that wrote them.


Sources on file

harvested pages, kept in full

Every public page we have read about this company, stored in full so a source can never go missing.

Show the sources

In plain English

tap a term to open it

Every piece of jargon this page could have used, and what it actually means.

Open the plain-English guide
No floor / floorlessthe cash guarantee is gone — the price is unprotected

A SPAC's downside protection is not the cash in trust; it is your right to demand that cash. Once the redemption window closes, the cash stays with the company and the share can trade anywhere.

Redemption deadlinethe last day to hand shares back for cash

Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.

Broker action datethe day your broker needs the instruction — earlier than the official date

Brokers batch redemption instructions to the transfer agent, so the practical cutoff is roughly two business days before the published deadline. This is the date that actually costs people the floor.

Cash in trust / trust per sharethe cash the company is holding for each public share

Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.

Trust discountbuying below the cash held for you

Only meaningful while a redemption right exists. On a floorless name the same arithmetic is not a discount, it is the market pricing distress, and this product will not call it a yield.

Dilutionhow much of the company new shares take from you

Sponsor promote, PIPE shares, warrants and rights all issue stock that did not pay $10 for it. The headline deal value is before that; the effective value is after.

Pro-forma equitywhat the company is valued at once the deal closes

The combined company's equity value assuming the announced terms and the redemptions that have actually happened.

ARShow much upside you get per unit of downside

SpacBrain's asymmetric-return score. It is deterministic — the same inputs always produce the same number — and it is capped, not zeroed, when the floor is gone.

De-SPACthe day the SPAC becomes the real company

The shares stop being a claim on a pot of cash and start being equity in an operating business. Roughly 80% of recent de-SPACs traded below $10 within a year.

Outside datethe contractual long-stop for closing the deal

A deadline between the SPAC and its target, not between the SPAC and you. It confers no right to cash, which is exactly why it must never be counted as a redemption window.

Accession numberthe SEC's unique id for one filing

Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.

Accreted NAV (estimate)the last filed cash figure, plus the interest it should have earned since

A model, not a filing: last filed value compounded at the 3-month T-bill for the days elapsed. Always shown in italic with the word estimate, and never printed beside a filed number without it.


Ask the brain

from its filings
Data provenance & audit trail3 internal entries

Written by SpacBrain’s data agents whenever a figure is captured, corrected or flagged, and kept verbatim so every number on this page can be traced back to the filing that states it. This is a running log, not the current record: an early entry may be superseded by a later correction — the panels above always hold the current values.

IPVA — company record
UNIVERSE-IPO-INDEX2026-08-17

admitted from EDGAR's QUARTERLY FORM INDEX, walked without any SIC filter. The SIC 6770 census could not reach this registrant: EDGAR reassigns a shell's SIC the day it stops being one, and this CIK now files under 7510 (Services-Auto Rental & Leasing (No Drivers)). The screen found it by filing SHAPE instead — S-1 2021-02-17 → 8-A12B 2021-03-03 → 424B4 2021-03-09 — which nothing rewrites. Admission rule: src/lib/universe-admit.ts. SIC 7510 + self-described blank check in 424B4 0001213900-21-014130; 424B 0001213900-21-014130 priced 2021-03-09 under S-1 0001213900-21-009888 (file 333-253188, an offering for cash); common ticker IPVA off 8-K 0001213900-21-022672 (2021-04-23); lifecycle EXITED. The pricing prospectus was filed under SEC file number 333-253188, which belongs to S-1 0001213900-21-009888 (2021-02-17) — a registration of shares sold for CASH, which is what makes it an IPO rather than merger consideration. Blank-check status from the registrant's own first-person sentence in that prospectus (EDGAR full-text search, 424B4 2021-03-09). Ending PROVEN, not inferred: CLOSED per 8-K 0001193125-22-304902 (2022-12-14) — 8-K item 5.06 "Change in Shell Company Status" (EDGAR item index, items: 1.01,2.01,2.03,3.02,3.03,4.01,5.01,5.02,5.03,5.05,5.06,7.01,9.01). EDGAR now files this CIK as "Getaround, Inc" — the SPAC's own name is kept here and the successor is the target. ipoSizeM and deadline left NULL: gross-proceeds prose conflates the over-allotment with the offering, and a charter deadline belonging to a vehicle that has ended is a date nobody can act on. ipoDate is the 424B pricing date.

SPONSOR-ID2026-08-14

sponsor "InterPrivate Acquisition Management II, LLC" (SEC CIK 0001845736) sourced from Form 3 reportingOwner (10% owner) acc 0001213900-21-013577.

Deal — Getaround, Inc
UNTAGGED

[CLOSED-RENAME] EDGAR CIK 0001839608 records "InterPrivate II Acquisition Corp." ending 2022-12-12; the registrant continues as "Getaround, Inc". The rename is the SEC's own record of what the vehicle became, keyed by CIK. Closed 2022-12-12. No deal value is set — a rename says what was acquired, never for how much. No date column is set: Deal has announcedAt, voteDate and expectedCloseAt and nowhere to record an actual close, so the SEC's date is kept here until that column exists. [DEAL-STRUCTURE-MINED] minCashM=200, terminationFeeM=2.1 from primary filings (0001193125-22-189756, 0000950170-24-070961).