Thunder Bridge Capital Partners V, Ltd.

Where it stands

Searching

Merging with

No target announced — still searching.

Industry

no filing we hold states a sector this SPAC restricted its search to

Deal value

not stated in the filings we hold

Price vs cash floor

no live price on file

Cash left in trust

not yet extracted into a snapshot — the filings below may state it

IPO

13 August 2026

size not on file · 100.0% of each $10 unit into trust

Headquarters

9912 GEORGETOWN PIKE, GREAT FALLS, VA, 22066

registered in the Cayman Islands

Lead underwriter

Cantor Fitzgerald & Co.

Key officers

Gary A. Simanson (Chief Executive Officer, Director) · Paul Wasinger (Chief Financial Officer) · David Burg (Director)

Listed securities

TBCV common · TBCVU unit $9.93

1. No dated redemption election is on file for this name. That is an absence in the record, not proof that the right has gone — but it does mean this page cannot tell you a day to act by.
2. Cash held in trust is $10.00 per share as last filed. That is the figure a redemption pays out at, plus whatever interest the trust earns between the filing and the window.

1. 13 August 2026IPOpassed

   IPO size not on file

• 8-K20 August 20260001213900-26-092158

  This filing locks the public trust value at $300,150,000 across 30,015,000 shares, mechanically anchoring the per-share redemption calculation referenced in the offering documents, while the 24-month timeline creates a hard expiration window that dictates when mandatory redemptions and associated warrant expirations trigger. The sponsor’s contractual waiver of redemption rights for founder and private shares removes a major dilution vector during the combination vote, but the concurrent $30,000 monthly administrative and $30,000 monthly advisory obligations begin immediately and must be funded outside the trust until business combination proceeds are released, meaning failure to secure external working capital or utilize permit interest withdrawals ($500,000 annually) could force accelerated winding down. The full over-allotment exercise expands the public share count but simultaneously raises the absolute dollar threshold required to meet the company’s stated 80% fair market value acquisition test. Until a target is announced, the trust balance, monthly expense run-rate, and deferred underwriting liability of $12,789,000 represent the primary mechanics governing secondary market pricing, voting calculus, and holder redemption decisions.

• 8-K14 August 20260001213900-26-090202

  This filing establishes all redemption mechanics, deadlines, and restrictions for Thunder Bridge Capital Partners V’s shell stage. For an investor, the critical trust value is $10.00 per share, the deadline is August 14, 2028, and the charter’s 15% cap on redemptions by any group is a potential liquidity constraint. Sponsor and insiders have waived redemption and agreed to vote for any deal. The $300.15 million trust is the largest possible; there are no additional extension provisions documented in this filing beyond the standard 24 months.

• 424B413 August 20260001213900-26-089123

  This is the document that constitutes the vehicle; these terms bind until amended. The 24-month combination deadline runs from closing of the offering, and extending it requires a special resolution of at least two-thirds of the shares voted, so the clock is moved by shareholders rather than by a sponsor deposit. Deferred underwriting of up to $12,789,000 with full over-allotment sits inside the same trust that funds redemptions and is released to Cantor Fitzgerald & Co. only on completing a combination.

• 312 August 20260002124343-26-000001

  This submission contains no operational, financial, or strategic claims requiring attribution. It discloses zero metrics related to customer concentration, revenue projections, market size, technology development, partnership agreements, personnel changes, or litigation. For a SPAC operating in the SEARCHING phase, the absence of reported insider transactions neither indicates capital deployment conviction nor signals exit preparation; it simply reflects standard periodic reporting with no bearing on investor redemption behavior or deal acceleration timelines.

• S-112 June 20260001213900-26-068341

  This filing is significant because it details a substantial new SPAC offering ($261 million trust) led by Gary Simanson, who has a mixed track record from previous Thunder Bridge SPACs. Notably, the prior Thunder Bridge Capital Partners IV deal with Coincheck (CNCK) experienced an 87.7% public share redemption rate. This high redemption history and the sponsor's low-cost basis ($0.003 per share) create a strong potential misalignment of interests between the sponsor and public shareholders. The filing also clearly states there is no specified maximum redemption threshold, which could allow the SPAC to complete a business combination even if an overwhelming majority of public shareholders choose to redeem.

• 8-K20 August 20260001213900-26-092158

  What changed: A Current Report on Form 8-K and accompanying audited balance sheet announcing the consummation of an initial public offering and simultaneous private placement by a Cayman Islands blank check company. According to the registrant’s 8-K disclosure, Thunder Bridge Capital Partners V, Ltd. consummated its IPO on August 14, 2026, selling 30,015,000 units at $10.00 per unit for $300,150,000 in gross proceeds, with the underwriters fully exercising an over-allotment option for 3,915,000 additional units. The company simultaneously placed 747,000 private placement units to the Sponsor and Cantor Fitzgerald & Co. at $10.00 per unit, generating approximately $7,470,000. A total of $300,150,000 was deposited into a segregated U.S. trust account with Continental Stock Transfer & Trust Company acting as trustee. The filing establishes a 24-month Combination Period starting August 14, 2026, to complete an initial business combination. If the deadline passes, the registrant states it will redeem all public shares within 10 business days at a per-share price equal to the trust deposit divided by outstanding public shares, net of up to $100,000 of interest for dissolution expenses and permitted withdrawals/taxes. The Sponsor and officers/directors have contractually agreed to waive redemption rights for Founder Shares and Private Placement Shares, and to vote those shares in favor of a business combination. Beginning August 12, 2026, the company pays $30,000 per month to the Sponsor for administrative services and $30,000 per month to an affiliate of Chief Executive Officer Gary A. Simanson for advisory services. No target has been selected or discussed substantively. Working capital loans up to $1,500,000 may be extended by the Sponsor or affiliates, convertible into units at $10.00 per unit. Transaction costs totaled $18,663,553, including $5,220,000 in cash underwriting fees and $12,789,000 in deferred underwriting fees payable only upon business combination consummation. Why it matters: This filing locks the public trust value at $300,150,000 across 30,015,000 shares, mechanically anchoring the per-share redemption calculation referenced in the offering documents, while the 24-month timeline creates a hard expiration window that dictates when mandatory redemptions and associated warrant expirations trigger. The sponsor’s contractual waiver of redemption rights for founder and private shares removes a major dilution vector during the combination vote, but the concurrent $30,000 monthly administrative and $30,000 monthly advisory obligations begin immediately and must be funded outside the trust until business combination proceeds are released, meaning failure to secure external working capital or utilize permit interest withdrawals ($500,000 annually) could force accelerated winding down. The full over-allotment exercise expands the public share count but simultaneously raises the absolute dollar threshold required to meet the company’s stated 80% fair market value acquisition test. Until a target is announced, the trust balance, monthly expense run-rate, and deferred underwriting liability of $12,789,000 represent the primary mechanics governing secondary market pricing, voting calculus, and holder redemption decisions.

• SCHEDULE 13G17 August 20260000912282-26-001121

  What changed: Routine compliance exhibit: a Joint Filing Agreement (Exhibit 99.1) attached to a Schedule 13G beneficial ownership report. The filing formally establishes a joint disclosure arrangement between MMCAP International Inc. SPC and MM Asset Management Inc. for their Schedule 13G submissions and all future amendments. It contains zero provisions altering redemption windows, trust distribution formulas, extension voting procedures, target acquisition deadlines, or sponsor oversight protocols. Why it matters: This document does not modify redemption calendars, trust account valuations, extension mechanics, deal progress, or sponsor conduct rules. It exclusively coordinates SEC reporting obligations between two entities, with Ulla Vestergaard (Director) signing for MMCAP International Inc. SPC and Hillel Meltz (President) signing for MM Asset Management Inc. on August 17, 2026. Because the exhibit discloses no ownership percentages, market positions, or transaction intent, it provides no actionable signal for tracking investor redemptions, capital preservation, or merger timeline extensions. Its substance is limited to confirming that each named party accepts independent responsibility for the accuracy of its own disclosed information while waiving secondary liability for the other’s data, meaning investors monitoring threshold breaches or blockholder coordination should consult the primary Schedule 13G filing rather than this procedural attachment.

• 8-K14 August 20260001213900-26-090202

  What changed: IPO closing report on Form 8-K with all customary ancillary transaction agreements attached as exhibits (underwriting agreement, charter, warrant agreement, trust agreement, sponsor letter, lock-up agreements, registration rights, private placements, service agreements, indemnity agreements, and press releases). Thunder Bridge Capital Partners V completed its IPO of 30,015,000 units at $10.00/unit, raising $300,150,000 in gross proceeds (including full exercise of the 3,915,000-unit over-allotment). Simultaneously, Sponsor TBCP V LLC purchased 447,000 private placement units and underwriter Cantor purchased 300,000 private placement units, each at $10.00/unit, generating an additional $7,470,000. Total $300,150,000 was deposited into the trust account. The trust per-share value is $10.00. The deadline to complete a business combination is 24 months from closing (August 14, 2028). The company's board was appointed and the amended charter was filed. The charter includes a 15% shareholder cap on redemption rights, a requirement that a target have at least 80% of trust value, and a special 90% vote to amend director removal provisions pre-business combination. The letters prohibit sponsor redemption and require sponsor to vote in favor of a deal. Why it matters: This filing establishes all redemption mechanics, deadlines, and restrictions for Thunder Bridge Capital Partners V’s shell stage. For an investor, the critical trust value is $10.00 per share, the deadline is August 14, 2028, and the charter’s 15% cap on redemptions by any group is a potential liquidity constraint. Sponsor and insiders have waived redemption and agreed to vote for any deal. The $300.15 million trust is the largest possible; there are no additional extension provisions documented in this filing beyond the standard 24 months.

• SCHEDULE 13D14 August 20260001213900-26-090217

  What changed: Routine compliance exhibit: Joint Filing Agreement (Exhibit 99.1) to a Schedule 13D beneficial ownership report. First, this document is an administrative joint filing agreement dated August 14, 2026, executed by TBCP V, LLC and Gary A. Simanson to jointly report beneficial ownership of Class A ordinary shares, $0.0001 par value, of Thunder Bridge Capital Partners V, Ltd. Second, it reports no adjustments to redemption deadlines, trust account mechanics, extension provisions, or business combination timelines. Third, it discloses no share quantities, acquisition dates, purchase prices, or ownership percentages. Fourth, it notes no modifications to sponsor conduct beyond standard joint reporting liability allocations. Why it matters: For investors tracking sponsor conduct and regulatory compliance, this agreement clarifies the contractual framework under which the sponsor entity and its managing member allocate responsibility for filing timeliness and accuracy. As TBCP V, LLC and Gary A. Simanson represent in the text, each party independently assumes responsibility for the completeness and accuracy of its own disclosures and acknowledges shared responsibility for the other parties’ information to the extent known. The filing does not change the SPAC’s SEARCHING status, alter the $0.0001 par value per share, or provide data on the trust balance, customer claims, revenue, market size, strategy, technology, partnerships, litigation, or personnel. All assertions regarding filing eligibility and mutual representation are attributed exclusively to the signatories as stated in the August 14, 2026 execution.

• 414 August 20260001339459-26-000007

  What changed: FORM 4 — insider ownership report [0001339459-26-000007]. On 2026-08-12, director and Chief Executive Officer Gary A. Simanson, through reporting entity TBCP V, LLC, executed an open-market purchase acquiring exactly 447,000 shares of TBCV common stock. Following the transaction, the combined reported holding totals 447,000 shares, classified as a 10% ownership position. This update modifies only the beneficial ownership ledger; it does not adjust redemption deadlines, extend the business combination timeline, convert founder shares, or distribute trust cash. Why it matters: Tracking sponsor conduct and deal progress reveals that this FORM 4 documents routine pre-deal capital accumulation without introducing structural changes to the SPAC vehicle. The filing contains no merger agreements, tender offer windows, extension voting notices, or target-specific disclosures. There are no attributable claims from management, directors, or advisors regarding customer contracts, revenue streams, market sizing, technological roadmaps, strategic partnerships, active litigation, or executive appointments. Every numerical detail—including 0001339459-26-000007, 2026-08-14 (filing date), 2026-08-12 (transaction date), 447,000 (shares acquired), 447,000 (shares held after), and 10% (reported stake)—originates exclusively from the regulatory submission itself. While sponsor purchases can signal valuation confidence, this routine compliance exhibit alters neither redemption mechanics nor trust value preservation protocols, leaving the SEARCHING phase timeline and shareholder rights unchanged.

At-risk capital: $7.5M — 747,000 private placement units, bought at the IPO and worthless if the company liquidates. This is what the sponsor itself loses if no deal closes. per the prospectus (424B4 0001213900-26-089123)