Thunder Bridge Capital Partners V, Ltd. (TBCVW) Warrant
Each TBCVW warrant gives the holder the right to buy 1 share of Thunder Bridge Capital Partners V, Ltd. at $11.50 per share, for five years after the company completes its merger. The stock last closed at $9.80, below the strike, so the warrant is out of the money. Thunder Bridge Capital Partners V, Ltd. has a market value of about $375.00M. Thunder Bridge Capital Partners V, Ltd. is a SPAC ().
We have no price history for TBCVW yet, so this page has no chart.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.81
From the issuer's 8-K (2026-08-14).
Company and stock
- Company
- Thunder Bridge Capital Partners V, Ltd.
- Underlying stock
- TBCV
- Share price
- $9.80
- Market cap
- $375.00M
- Shares outstanding
- 38.27M
- Industry
- Blank check company (SPAC)
- Head office
- Great Falls, VA
- Incorporated in
- Cayman Islands
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Dilution
- Shares outstanding
- 38.27M
Warrant count from not reported in XBRL or filing text.
SPAC deal
- Status
- —
- Target
- —
- Deal announced
- —
- Deadline
- —
- Latest possible deadline
- —
- Trust per share
- —
- Sponsor
- —
- Sponsor's earlier SPACs
- —
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about TBCVW
When does the TBCVW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of TBCVW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Related warrants
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