Stellar V Capital Corp. (Cayman Islands) (SVCC) Form 10-Q — Aug 12, 2026
Stellar V Capital Corp., a $150 million blank check company, disclosed substantial doubt about its ability to continue as a going concern in its June 30, 2026 Form 10-Q, stating it will cease all operations and liquidate if it cannot complete an initial business combination by its October 31, 2026 deadline. Second-quarter net income fell to $823,386 from $1,437,118 a year earlier, as interest earned on the trust account declined to $1,400,446 and general and administrative costs jumped to $577,060 from $152,682. The company held only $61,051 in cash outside its trust, against a working capital deficit of $433,116.
Key figures
- Eps
- 0.04
- Net Income
- 823386
- Total Assets
- 159672212
- Cash Position
- 61051
- Shares Outstanding
- 21,614,925 total (15,555,000 Class A; 6,059,925 Class B) as of August 12, 2026
- Q2 2025 gna costs
- 152682
- Q2 2026 gna costs
- 577060
- Trust Account Value
- 159509307
- Ipo gross proceeds
- 150000000
- Q2 2025 net income
- 1437118
- Q2 2026 net income
- 823386
- Working Capital Deficit
- 433116
- Total transaction costs
- 8782919
- Trust Account Prior Period
- 156724641
- Six Month 2025 net income
- 2418144
- Six Month 2026 net income
- 2024410
- Combination Period Deadline
- October 31, 2026
- Deferred underwriting fee
- 5250000
- Private placement proceeds
- 5550000
- Convertible note outstanding
- 50000
- Q2 2025 trust interest income
- 1589800
- Q2 2026 trust interest income
- 1400446
- Convertible note max principal
- 200000
- Class A redemption value per share
- 10.63
Price after filing
Close on the filing date to close N calendar days later (from $10.63). Historical, not a forecast.
AI analysis
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