Interprivate Investment Partners V: pricing of $175M IPO

InterPrivate Investment Partners V, a blank check company backed by InterPrivate, has filed with the SEC to raise up to $175 million through an initial public offering (IPO). The offering includes 17.5 million units priced at $10 each, with each unit consisting of one share of common stock and one-third of a warrant exercisable at $11.50. The company, which plans to list on Nasdaq under the ticker symbol IPVU, is led by Ahmed Fattouh, founder and CEO of InterPrivate.

This is the fifth SPAC launched by InterPrivate, with a focus on technology, blockchain, and digital assets, as well as traditional cash-flow businesses. Fattouh has previously led other SPACs, including InterPrivate Acquisition merged with Aeva Technologies in 2021, and InterPrivate II Acquisition combined with Getaround in the same year. However, both InterPrivate III and IV liquidated in 2023.

The IPO filing was made confidentially on January 27, 2026, and Cantor Fitzgerald is sole bookrunner for the offering. The company was founded in 2025 and based in New York, NY. The offering highlights the continued activity in the SPAC market, with recent data showing that 39 SPACs raised $11.1 billion in the previous week alone.