Corporate ActionMay 22, 2026, 05:16 PM
Aperture AC Closes IPO, Raises $102M Gross Proceeds
AI Summary
Aperture AC announced the successful closing of its initial public offering, raising gross proceeds of $102 million. The offering involved 10,200,000 units, which included 1,200,000 units from the partial exercise of the underwriters' over-allotment option, priced at $10.00 per unit. The company's units commenced trading on the Nasdaq Capital Market on May 21, 2026, under the ticker symbol "APURU." Aperture AC is a blank check company formed to pursue a business combination, led by CEO Calvin Kung and CFO Daniel Zhao.
Key Highlights
- Aperture AC closed its initial public offering of 10,200,000 units.
- The offering included 1,200,000 units from the underwriters' partial over-allotment exercise.
- The units were priced at $10.00 each, generating gross proceeds of $102,000,000.
- Units began trading on May 21, 2026, on Nasdaq under the ticker symbol "APURU."
- Each unit consists of one Class A ordinary share and one right to receive one-fourth of one Class A ordinary share.
- Class A ordinary shares and Share Rights are expected to trade separately under "APUR" and "APURR."
- IB Capital, LLC acted as book-running manager, with EarlyBirdCapital, Inc. and I-Bankers Securities, Inc. as joint book runners.
Price Impact
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