Aperture AC Prices $90 Million IPO of 9 Million Units at $10
Aperture AC priced a $90 million IPO of 9 million units at $10 each, listing on Nasdaq under APURU from May 21, 2026. Underwriters have a 30-day over-allotment option for 1.35 million units; Class A shares and rights will trade separately as APUR and APURR after May 22 closing.
1. IPO Pricing and Structure
Aperture AC priced 9,000,000 units at $10.00 per unit for gross proceeds of $90,000,000. Each unit comprises one Class A ordinary share plus one right to receive one-fourth of a share upon completion of an initial business combination.
2. Trading Timeline and Symbols
Units are set to begin trading on the Nasdaq Capital Market under the symbol APURU on May 21, 2026. Upon separation, Class A shares and Share Rights will trade under the symbols APUR and APURR, respectively, following the anticipated May 22 closing.
3. Underwriters and Over-allotment
IB Capital, LLC is the book-running manager, with EarlyBirdCapital, Inc. and I-Bankers Securities, Inc. as joint book-runners. The underwriters have a 30-day option to purchase up to 1,350,000 additional units at the IPO price to cover any over-allotments.
4. Company Overview
Aperture AC is a blank check company led by CEO Calvin Kung and CFO Daniel Zhao. The SPAC is formed to pursue a business combination in any industry or geography, with no target or timeline specified for the merger.
