Mon, Mar 31, 12:08 PM (27 days ago)
**Stellar V Capital Corp. (SVCC) Annual Report Summary** **Financial Performance:** - **Revenue:** $0 (no operations or revenue generation to date). - **Net Income:** $(157,572) for the period from July 12, 2024, to December 31, 2024. - **Operating Expenses:** $75,822 in general and administrative costs. - **Earnings per Share:** $(0.03) per Class B ordinary share. **Strategic Overview:** - **Business Model:** A blank check company (SPAC) formed to effect a merger, share exchange, asset acquisition, or similar business combination. - **Target Industry:** No specific target identified; focus on established businesses with growth potential. - **Management Team:** Experienced in SPACs, capital markets, and mergers & acquisitions. **Future Outlook:** - **Initial Business Combination:** Seeking a target with a leading industry position, stable free cash flow, and potential for growth. - **Redemption Rights:** Shareholders can redeem shares if the company fails to complete a business combination within 21 months. - **Risk Factors:** Dependence on management's ability to identify and complete a suitable business combination, market risks, and regulatory uncertainties. **Risk Factors:** - **Market Position:** High dependence on the success of the initial business combination. - **Financial Condition:** Limited financial resources until the completion of the business combination. - **Operational Risks:** No revenue generation and high reliance on management's expertise. **Market Position Changes:** - **Stock Trading:** Units began trading on Nasdaq under the symbol "SVCCU" on January 30, 2025. Class A ordinary shares and warrants began separate trading under "SVCC" and "SVCCW," respectively. - **Shareholder Base:** As of March 31, 2025, 15,555,000 Class A ordinary shares and 6,059,925 Class B ordinary shares issued and outstanding. **Key Financial Data:** - **Cash Reserves:** $151,050,000 placed in a trust account for the business combination. - **Use of Proceeds:** To identify and evaluate target businesses, perform due diligence, and structure the business combination. **Governance and Management:** - **Board Composition:** Five members, including three independent directors. - **Compensation:** No cash compensation to executive officers; reimbursement for out-of-pocket expenses related to identifying and completing the business combination. **Ticker:** SVCC (Class A ordinary shares), SVCCW (warrants).