InvestmentMay 6, 2026, 05:23 PM
Aperture AC Files S-1 for $90M IPO of 9M Units at $10.00
AI Summary
Aperture AC, a Cayman Islands exempted blank check company, filed an Amendment No. 4 to its S-1 registration statement for an initial public offering. The company plans to offer 9,000,000 units at $10.00 per unit, aiming to raise $90,000,000, with each unit comprising one Class A ordinary share and one Share Right. Aperture AC intends to focus on acquiring a business in the digital assets industry within 12 months of the offering's closing, with $90,225,000 to be held in a trust account.
Key Highlights
- Aperture AC filed for an initial public offering of 9,000,000 units at $10.00 per unit, aiming to raise $90,000,000.
- Each unit consists of one Class A ordinary share and one Share Right to receive 1/4 of a Class A ordinary share.
- A total of $90,225,000 ($10.025 per unit) will be placed into a U.S.-based trust account.
- Aperture Sponsor LLC and underwriters will purchase 290,000 private placement units for $2,900,000.
- The sponsor acquired 3,828,082 founder shares for $25,000, leading to immediate and substantial dilution for public shareholders.
- The company is a blank check company targeting lower middle market digital asset infrastructure businesses.
- Aperture AC must complete an initial business combination within 12 months of the offering's closing.
- Units are expected to be listed on Nasdaq under "APURU", with Class A shares as "APUR" and Share Rights as "APURR".