other material
confidence high
sentiment neutral
materiality 0.75
Apogee Acquisition Corp completes $172.5M IPO and $4.7M private placement
Apogee Acquisition Corp
- Sold 17,250,000 units at $10.00/unit including full over-allotment; gross proceeds $172,500,000.
- Private placement of 470,000 units to sponsor for $4,700,000; total trust proceeds $173,362,500.
- Audited balance sheet shows $174.1M total assets; $173.4M held in trust; $6M deferred underwriting fees.
- Class A shares subject to possible redemption of $173,362,500 recorded at redemption value $10.05/share.
- Transaction costs totaled $8,972,198; accumulated deficit $5.26M at April 8, 2026.