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Thunder Bridge Capital Partners V, Ltd.TBCV

Class A TBCVUnits TBCVUCIK 0002140030

Cash in trust

$261M

$261,000,000

Trust per share

—

Redemption value

IPO

Aug 2026

—

Combination deadline

—

Not disclosed

Filings on record

20

Latest Oct 2, 2026

Overview

Thunder Bridge Capital Partners V, Ltd. is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002140030. It completed its initial public offering in Aug 2026. Class A shares trade under the ticker TBCV, units under TBCVU. The vehicle is sponsored by TBCP through TBCP V, LLC. The mandate targets generalist. IPO closed, trust funded, no definitive agreement announced.

“we intend to focus our search on high potential businesses based in the United States.”
The mandate, as stated in the IPO prospectus
GeneralistNorth America

Reading the filings

Arithmetic on what Thunder Bridge Capital Partners V, Ltd. has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.

  • Sponsor record

    TBCP has launched 4 vehicles. Of the 2 that have resolved, 1 closed a combination and 1 liquidated, a 50% completion rate. A sponsor's record is not a forecast, but it does tell you whether the team has taken a deal across the line before.

  • Underwriting

    Cantor Fitzgerald led the offering. It has been named on 151 SPAC IPOs, book-running 130 of them, and 69.5% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.

How busy it has been

Filings per month since the first one. A vehicle that has gone quiet with a deadline ahead is a different proposition from one that is still working.

17902026-062026-10

20 filings in all. 19 in the last three months, against a busiest month of 17.

Scores

Recomputed 3m ago

Three readings of Thunder Bridge Capital Partners V, Ltd., each an unweighted mean of the components shown beneath it, and each component a percentile against every live SPAC rather than an absolute we invented. They describe the setup, not the merit. How they are built

FOMO

Low

How much attention is this vehicle attracting right now?

20/100

  • Filing activity19

    1 in 30 days

  • News coverage21

    1 story in 30 days

Attention is not quality. FOMO rises on news volume and on the market paying above trust, both of which have preceded plenty of disappointments.

Potential

Elevated

How likely is this vehicle to complete a combination, and at what scale?

60/100

  • Sponsor record21

    50.0%

  • Lead bank record71

    69.5%

  • Bank franchise85

    151 SPAC mandates

  • Trust scale83

    $261M

  • Stage40

    searching

Potential is about execution, not about the target. It says nothing about whether the eventual deal is worth owning, because the target is usually unknown when the score is computed.

These are derived measures, not ratings of investment merit. They carry no view on the target, no price target and no recommendation, and a high score is not a reason to buy anything.

News on Thunder Bridge Capital Partners V, Ltd.

Last 90 days

SEC filing history

Free tier: filings older than 24 hours
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001213900-26-106099

    Oct 2, 2026

    16d ago

    View on EDGAR ↗
  • 10-Q

    Quarterly report

    Accession 0001213900-26-101420

    Sep 19, 2026

    1mo ago

    View on EDGAR ↗
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001213900-26-092158

    Aug 21, 2026

    1mo ago

    View on EDGAR ↗
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0001193125-26-359009

    Aug 20, 2026

    1mo ago

    View on EDGAR ↗
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0000912282-26-001121

    Aug 17, 2026

    2mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001339459-26-000007

    Aug 15, 2026

    2mo ago

    View on EDGAR ↗
  • SCHEDULE 13D

    Beneficial ownership report (activist)

    Accession 0001213900-26-090217

    Aug 15, 2026

    2mo ago

    View on EDGAR ↗
  • 8-K

    Entry into a material definitive agreement; Other events

    Items 1.01, 3.02, 5.02, 5.03, 8.01, 9.01 · Accession 0001213900-26-090202

    Aug 15, 2026

    2mo ago

    View on EDGAR ↗
  • 424B4

    Final IPO prospectus

    Accession 0001213900-26-089123

    Aug 14, 2026

    2mo ago

    View on EDGAR ↗
  • EFFECT

    Notice of effectiveness

    Accession 9999999995-26-002635

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • 3

    Initial statement of beneficial ownership

    Accession 0001728513-26-000003

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • 3

    Initial statement of beneficial ownership

    Accession 0001207637-26-000013

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • 3

    Initial statement of beneficial ownership

    Accession 0002124343-26-000001

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • 3

    Initial statement of beneficial ownership

    Accession 0001729157-26-000003

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • 3

    Initial statement of beneficial ownership

    Accession 0001874334-26-000003

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • 3

    Initial statement of beneficial ownership

    Accession 0001339459-26-000006

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • CERT

    Exchange listing certification

    Accession 0001354457-26-000781

    Aug 12, 2026

    2mo ago

    View on EDGAR ↗
  • 8-A12B

    Registration of securities on an exchange

    Accession 0001213900-26-088103

    Aug 12, 2026

    2mo ago

    View on EDGAR ↗
  • S-1/A

    Amended IPO registration statement

    Accession 0001213900-26-085876

    Aug 6, 2026

    2mo ago

    View on EDGAR ↗
  • S-1

    Registration statement for the initial public offering

    Accession 0001213900-26-068341

    Jun 13, 2026

    4mo ago

    View on EDGAR ↗

Pro

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Thunder Bridge Capital Partners V, Ltd.: questions answered

What is Thunder Bridge Capital Partners V, Ltd. (TBCV)?

Thunder Bridge Capital Partners V, Ltd. is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002140030. It completed its initial public offering in Aug 2026. Class A shares trade under the ticker TBCV, units under TBCVU. The vehicle is sponsored by TBCP through TBCP V, LLC. The mandate targets generalist. IPO closed, trust funded, no definitive agreement announced.

How much does Thunder Bridge Capital Partners V, Ltd. hold in trust?

Approximately $261,000,000, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.

When must Thunder Bridge Capital Partners V, Ltd. complete a merger?

No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.

What happens if Thunder Bridge Capital Partners V, Ltd. does not find a target in time?

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Can I redeem shares in Thunder Bridge Capital Partners V, Ltd., and at what price?

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

What tickers does Thunder Bridge Capital Partners V, Ltd. trade under?

Class A shares trade as TBCV, the units as TBCVU. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.

Is the trust value the same as the share price for Thunder Bridge Capital Partners V, Ltd.?

No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.

How much dilution do Thunder Bridge Capital Partners V, Ltd.'s founder shares and warrants create?

Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.

Who sponsors Thunder Bridge Capital Partners V, Ltd., and what is their track record?

TBCP V, LLC is the sponsor entity, part of the TBCP franchise. That franchise has launched 4 vehicles in total, of which 1 closed a combination and 1 liquidated, a 50% completion rate on resolved vehicles. Named principals: Gary A. Simanson.

Which banks underwrote the Thunder Bridge Capital Partners V, Ltd. IPO?

Cantor Fitzgerald. Cantor Fitzgerald was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.

Is Thunder Bridge Capital Partners V, Ltd. tradeable, and where?

Yes. TBCV returned a live quote of $9.83. Quotes here are delayed and refreshed on a schedule rather than streamed, so treat the figure as indicative and confirm on your own venue. Units and warrants trade under their own symbols and are quoted separately.

Is Thunder Bridge Capital Partners V, Ltd. a good investment?

That is not a question this site answers. Thunder Bridge Capital Partners V, Ltd. is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Where does this Thunder Bridge Capital Partners V, Ltd. data come from?

Filings Thunder Bridge Capital Partners V, Ltd. submitted to the SEC under CIK 0002140030: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.

Compiled by the SPACListing research desk

Last reconciled Oct 19, 2026

Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.

Read the full methodology · What is in the dataset · Report a correction

SPACListing is a reference-data service, not an investment adviser. Nothing here is a recommendation to buy or sell any security.

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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.