Loan & DebtJun 23, 2026, 04:32 PM

Stellar V Capital Issues $200K Unsecured Promissory Note

AI Summary

Stellar V Capital Corp. issued a $200,000 unsecured, non-interest-bearing promissory note to Nautilus Energy Management Corp., a company controlled by its Co-Chief Executive Officers. The note is repayable upon the consummation of a business combination and is convertible at Nautilus' election into 20,000 private placement units at $10.00 per unit.

Key Highlights

Issued $200,000 unsecured promissory note
Note bears 0% interest
Recipient Nautilus Energy Management Corp. controlled by Co-CEOs
Repayable upon business combination consummation
Convertible into 20,000 private placement units at $10.00 per unit

View SEC Filing

SVCC

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Stellar V Capital Corp. (Cayman Islands)

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