Aperture AC prices $90 million IPO at $10 per unit

Aperture AC announced the pricing of its initial public offering at $10 per unit, raising $90 million through the sale of 9 million units. The units are scheduled to begin trading on the Nasdaq Capital Market under the ticker symbol "APURU" on May 21, 2026.

Each unit consists of one Class A ordinary share and one right to receive one-fourth of one Class A ordinary share upon completion of a business combination. The Class A ordinary shares and rights will trade separately under the symbols "APUR" and "APURR" respectively once separate trading begins.

The offering is expected to close on May 22, 2026, subject to customary closing conditions. Underwriters have a 30-day option to purchase up to an additional 1.35 million units to cover over-allotments.

Aperture AC is a blank check company formed to pursue a merger, acquisition, or similar business combination with one or more businesses. The company may target any business, industry, or geographic location for its initial business combination.

The management team includes Calvin Kung as Chief Executive Officer and director, and Daniel Zhao as Chief Financial Officer and director. The board also includes Zhen Tan, Thomas Friend, and Song Pettus.

IB Capital, LLC serves as book-running manager for the offering, while EarlyBirdCapital, Inc. and I-Bankers Securities, Inc. act as joint book running managers. The company's registration statement became effective with the Securities and Exchange Commission on May 14, 2026.

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