other material
confidence high
sentiment positive
materiality 0.75
Aperture AC closes $102M SPAC IPO; 10.2M units at $10 each, trust funded with $102.3M
Aperture AC
- IPO closed on May 22, 2026: 10,200,000 units sold at $10.00 each, gross proceeds $102,000,000, including 1,200,000 over-allotment units.
- Each unit consists of one Class A ordinary share and one right to receive 1/4 Class A share upon initial business combination.
- Private placement of 311,000 units at $10.00 each to sponsor and underwriters, raising $3,110,000; no underwriting discounts.
- Total IPO and private placement proceeds of $102,255,000 placed in trust account; funds held until business combination or liquidation within 12 months.
- New audit committee (Zhen Tan, Thomas Friend, Song Pettus) and compensation committee (Zhen Tan chair, Song Pettus) appointed.