Haymaker Acquisition Corp V closes $287.5 million IPO with full over-allotment

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Key Highlights
  • Haymaker Acquisition Corp V raised $287.5 million in its completed IPO
  • Underwriters exercised the full over-allotment option, adding 3.75 million units
  • Units trade on NYSE under ticker HYACU at a price of $10.00 each
  • The SPAC focuses on industrial and consumer sector acquisitions
  • Christopher Bradley leads the management team as CEO and CFO
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*this image is generated using AI for illustrative purposes only.

Haymaker Acquisition Corp V completed its initial public offering, raising $287.5 million after underwriters exercised their over-allotment option in full. The deal priced at $10.00 per unit, increasing the total size from the initial $250 million to include 3.75 million additional units.

The company’s units began trading on September 17, 2026, on the New York Stock Exchange (NYSE) under the ticker symbol "HYACU." The closing of the offering was announced on September 18, 2026.

Deal Structure

Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units; only whole warrants will trade.

Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on NYSE under the symbols "HYAC" and "HYACW," respectively.

Component Details
Units Offered 28.75 million
Price Per Unit $10.00
Total Proceeds $287.5 million
Listing Venue NYSE
Ticker Symbol HYACU
Closing Date September 18, 2026

Trust Account and Management

Of the proceeds received from the IPO, including the exercise of the over-allotment option, $287.5 million (or $10.00 per unit sold) was placed in trust. This amount is intended to fund a potential business combination.

Haymaker Acquisition Corp V is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, or similar business combination. The company may pursue opportunities in any industry but has stated a primary focus on companies in the industrial, consumer, and consumer-related products and services sectors.

The management team is led by Christopher Bradley, who serves as Chairman, Chief Executive Officer, and Chief Financial Officer. The board of directors includes Brian Shimko, Harris Heyer, Walter McLallen, William Heyer, and James Heyer.

Underwriters

Cantor Fitzgerald & Co. and William Blair acted as joint book-running managers for the offering. Roth Capital Partners served as co-manager. A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission on September 16, 2026.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How might the current market sentiment toward SPACs in 2026 influence Haymaker Acquisition Corp V's ability to secure a target within its typical two-year window?

Given the focus on industrial and consumer sectors, what specific macroeconomic trends or regulatory shifts could impact the valuation of potential acquisition targets in these industries?

With $287.5 million in trust, what criteria will management prioritize when evaluating deal structures to ensure sufficient liquidity for post-merger integration and growth?

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