InvestmentApr 10, 2026, 04:46 PM
Apogee Acquisition Corp Completes IPO, Raises $172.5M
AI Summary
Apogee Acquisition Corp successfully completed its initial public offering on April 8, 2026, selling 17,250,000 units. This total included the full exercise of the underwriters' over-allotment option. Each unit was priced at $10.00, generating gross proceeds of $172,500,000 for the company. Each unit consists of one Class A ordinary share, one redeemable warrant, and one right to acquire one-fifth of a Class A ordinary share.
Key Highlights
- Completed IPO of 17,250,000 units.
- Gross proceeds totaled $172,500,000.
- Units sold at $10.00 each.
- Underwriters' over-allotment option fully exercised.