Aperture AC Announces the Pricing of $90,000,000 Initial Public Offering
Rhea-AI Summary
Aperture AC priced its $90 million initial public offering of 9,000,000 units at $10.00 per unit. Units are expected to begin trading on Nasdaq on May 21, 2026 under ticker APURU.
Each unit includes one Class A share and one right to receive one-fourth of a Class A share. Underwriters have a 30‑day option to buy up to 1,350,000 additional units.
Positive
- IPO raises gross proceeds of approximately $90 million at $10.00 per unit
- Listing on Nasdaq Capital Market expected to begin May 21, 2026
- Underwriters’ 30-day option for up to 1,350,000 additional units
- Public SPAC structure provides capital pool for future business combination
Negative
- IPO and potential over-allotment imply future equity dilution for shareholders
- Share Rights structure delays receipt of full underlying Class A shares until business combination
- Future business combination target, timing and sector remain unspecified
AI-generated analysis. How Rhea-AI works. Not financial advice.
Los Angeles, CA, May 20, 2026 (GLOBE NEWSWIRE) -- Aperture AC (the “Company”) announced today the pricing of its initial public offering of 9,000,000 units at a price of
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 info@ibcpr.net, 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.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds will be used as described in the offering prospectus.
Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and preliminary prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Company Contact:
Aperture AC
835 Wilshire Blvd. 5th Floor,
Los Angeles, CA, 90017
Attn: Calvin Kung, CEO
(424) 253-0908
