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Alpex Acquisition (ALPX) Stock News

ALPX Nasdaq
Rhea-AI Summary

Alpex Acquisition (Nasdaq: ALPX), a blank check company, announced that starting July 7, 2026, holders of its 11,500,000 units from the IPO may separately trade the Class A ordinary shares, warrants and rights.

Units will trade as ALPXU, shares as ALPX, warrants as ALPXW and rights as ALPXR.

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Alpex Acquisition Corporation (NASDAQ: ALPXU) closed its $115,000,000 initial public offering of 11,500,000 units at $10.00 per unit, including full over-allotment exercise. Units began trading on Nasdaq on June 25, 2026.

Each unit includes one Class A share, one redeemable warrant, and one right. A concurrent private placement of 187,500 units raised $1,875,000. $115,000,000 of net proceeds was placed in a trust account.

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Alpex Acquisition Corporation (NASDAQ: ALPXU) priced its $100 million IPO, offering 10,000,000 units at $10.00 per unit. The units begin trading on Nasdaq on June 25, 2026 under ALPXU, with closing expected June 26, 2026, subject to customary conditions.

Each unit includes one Class A ordinary share, one redeemable warrant exercisable at $11.50, and one right to receive one-fourth of one Class A share upon a business combination. Underwriters hold a 45-day option to buy up to 1,500,000 additional units for over-allotments.

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FAQ

What is the current stock price of Alpex Acquisition (ALPX)?

Alpex Acquisition (ALPX) last closed at $9.97.

What is the market cap of Alpex Acquisition (ALPX)?

The market cap of Alpex Acquisition (ALPX) is approximately $147.5M.