Corporate ActionMay 22, 2026, 05:31 PM
Aperture AC Closes $102M IPO, Including Over-Allotment Option Exercise
AI Summary
Aperture AC announced the closing of its initial public offering, raising gross proceeds of $102,000,000 from the sale of 10,200,000 units at $10.00 per unit. This includes 1,200,000 units issued due to the partial exercise of the underwriters' over-allotment option. Concurrently, the company completed a private placement of 311,000 units for $3,110,000 to the Sponsor and Underwriters. Additionally, Zhen Tan, Thomas Elliot Friend, and Song Pettus were appointed to the audit committee, with Song Pettus as chair, and Zhen Tan and Song Pettus were appointed to the compensation committee, with Zhen Tan as chair.
Key Highlights
- Closed initial public offering of 10,200,000 units at $10.00 per unit, raising $102,000,000 gross proceeds.
- Included 1,200,000 units from the partial exercise of the underwriters' over-allotment option.
- Completed private sale of 311,000 units to the Sponsor and Underwriters for $3,110,000.
- Units began trading on the Nasdaq Capital Market under ticker symbol "APURU" on May 21, 2026.
- Zhen Tan, Thomas Elliot Friend, and Song Pettus appointed to the audit committee.
- Song Pettus will serve as chair of the audit committee.
- Zhen Tan and Song Pettus appointed to the compensation committee, with Zhen Tan as chair.
Price Impact
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