Stellar V Capital Corp. signs Letter of Intent to enter into the Specialty Materials Sector

NEW YORK, Sept. 24, 2026 (GLOBE NEWSWIRE) -- Stellar V Capital Corp. (Nasdaq: SVCC) ("Stellar"), a special purpose acquisition company formed as a Cayman Islands exempted company, today announced the execution of a non-binding Letter of Intent (“LOI”) with a deep-tech advanced materials company producing synthetic graphene (the "Company").

The Company's current shareholders are expected to roll 100% of their equity into the combined publicly listed entity. The transaction is also expected to include a PIPE of $30 million to support the execution of the Company's growth strategy.