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Alpex Acquisition Corp filed an initial ownership report showing that sponsor Hugreat Ltd is the record holder of significant stakes, with Shi Ningdi deemed to control those holdings through her role as sole member and director of Hugreat.
The sponsor holds 2,475,000 Class B ordinary shares, including up to 375,000 that may be forfeited if the underwriters’ over-allotment option is not fully exercised. It is also to acquire Private Units in a private placement, which include 180,000 Class A ordinary shares and 180,000 private rights that are expected to convert into 45,000 Class A ordinary shares after Alpex completes its initial business combination.