05/22/2026 | Press release | Distributed by Public on 05/22/2026 15:25
Aperture AC Announces the Pricing of $90,000,000 Initial Public Offering
Los Angeles, CA, May 20, 2026 (PR Newswire) -- Aperture AC (the "Company") announced today the pricing of its initial public offering of 9,000,000 units at a price of $10.00 per unit. The units are expected to be listed on the Nasdaq Capital Market ("Nasdaq") and begin trading tomorrow, May 21, 2026, under the ticker symbol "APURU." Each unit consists of one Class A ordinary share and one right (the "Share Right") to receive one-fourth (1/4) of one Class A ordinary share upon the consummation of an initial business combination. Once the securities constituting the units begin separate trading, the Class A ordinary shares and Share Rights are expected to be listed on Nasdaq under the symbols "APUR" and "APURR," respectively. The offering is expected to close on May 22, 2026, subject to customary closing conditions. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,350,000 units at the initial public offering price to cover over-allotments, if any.
The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination in any business or industry or geographic it chooses.
The Company's management team is led by Calvin Kung, its Chief Executive Officer and a director, and Daniel Zhao, its Chief Financial Officer and a director. In addition, the Board includes Zhen Tan, Thomas Friend and Song Pettus.
IB Capital, LLC is acting as book-running manager for the offering and EarlyBirdCapital, Inc. and I-Bankers Securities, Inc. are joint book running managers.
The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from IB Capital LLC, by email at [email protected], or by accessing the SEC's website, www.sec.gov.
A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission ("SEC") and became effective on May 14, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.