Thunder Bridge Capital Partners V, Ltd. Listed SPAC Primary

What the company does

Thunder Bridge Capital Partners V, Ltd. is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company has not selected any business combination target and has not initiated substantive discussions with any target. While it may pursue a target in any industry or geographic location, it intends to focus its search on high potential businesses based in the United States.

Use of proceeds

Of the proceeds from this offering and the sale of private placement units, $261.0 million (or $300.15 million if the underwriters' over-allotment option is exercised in full) will be deposited into a U.S.-based trust account. Except for interest earned on the trust account that may be released to pay franchise and income taxes, the funds will not be released until the completion of an initial business combination, a shareholder vote to amend certain provisions, or the redemption of public shares if no business combination is completed within 24 months from closing.

Underwriters

Extracted from 424B4 0001213900-26-089123, filed Aug 13, 2026 and verified against that filing text.

Key risk factors

• No operating history

  “We have no operating history and no revenues, and you have no basis on which to evaluate our ability to achieve our business objective.”

• Public shareholders may not vote on business combination

  “Our public shareholders may not be afforded an opportunity to vote on our proposed business combination, which means we may complete our initial business combination even though a majority of our public shareholders do not support such a combination.”

• Investors not entitled to Rule 419 protections

  “Investors will not be entitled to protections normally afforded to investors in Rule 419 blank check offerings.”

• Dilution from founder share conversion

  “We may issue additional Class A ordinary shares or preference shares to complete our initial business combination or under an employee incentive plan after completion of our initial business combination.”

• Nominal purchase price of founder shares may cause dilution

  “The nominal purchase price paid by our sponsor for the founder shares may result in significant dilution to the implied value of your public shares upon the consummation of our initial business combination.”

• Trust account subject to creditor claims

  “The proceeds deposited in the trust account could become subject to the claims of our creditors, if any, which could have priority over the claims of our public shareholders.”

• Conflicts of interest among management

  “Our sponsor and members of our management team will directly or indirectly own our securities following this offering, and accordingly, they may have a conflict of interest in determining whether a particular target business is an appropriate business with which to effectuate our initial business combination.”

• Global geopolitical conditions

  “global geopolitical conditions resulting from the ongoing Russia-Ukraine conflict, conflicts in the Middle East and Iran”