
Corporate ActionApr 14, 2026, 05:17 PM
Apogee Acquisition Corp Completes $172.5M IPO & $4.7M Private Placement
AI Summary
Apogee Acquisition Corp (AACP) successfully completed its initial public offering of 17,250,000 units on April 8, 2026, raising $172.5 million. Each unit was priced at $10.00 and included one Class A ordinary share, one redeemable warrant, and one right. Concurrently, the company completed a private placement of 470,000 units to its sponsor, generating an additional $4.7 million. A total of $173.36 million was placed into a trust account.
Key Highlights
- Completed IPO of 17,250,000 units at $10.00 each.
- Generated $172,500,000 gross proceeds from IPO.
- Private placement of 470,000 units raised $4,700,000.
- Total of $173,362,500 placed into trust account.
Price Impact
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