Alpex Acquisition prices $100 million IPO at $10.00 per unit

1 min read     Updated on 25 Jun 2026, 09:50 AM
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Alpex Acquisition Corporation priced its $100 million initial public offering, offering 10,000,000 units at $10.00 each. Each unit includes a Class A ordinary share, a warrant, and a right, with trading set to begin on Nasdaq on June 25, 2026. D. Boral Capital LLC serves as the sole book-running manager, with the offering expected to close on June 26, 2026.

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Alpex Acquisition Corporation has priced its initial public offering of 10,000,000 units at $10.00 per unit, aiming to raise $100 million. The units are expected to commence trading on the Nasdaq Global Market under the symbol 'ALPXU' on June 25, 2026. This offering provides investors with a combination of securities, including shares, warrants, and rights, linked to the company's future business combination activities.

Each unit issued in the offering comprises one Class A ordinary share, one redeemable warrant, and one right to receive one-fourth of one Class A ordinary share upon the completion of an initial business combination. The redeemable warrants entitle holders to purchase one Class A ordinary share at an exercise price of $11.50 per share. Once the securities begin trading separately, the Class A ordinary shares, warrants, and rights are expected to be listed on Nasdaq under the symbols 'ALPX,' 'ALPXW,' and 'ALPXR,' respectively.

D. Boral Capital LLC is acting as the sole book-running manager for the offering. The underwriters have been granted a 45-day option to purchase up to 1,500,000 additional units to cover over-allotments. The offering is anticipated to close on June 26, 2026, subject to customary closing conditions.

The U.S. Securities and Exchange Commission (SEC) declared effective a registration statement on Form S-1 (File No. 333-294978) for these securities on June 24, 2026. The offering is being conducted solely by means of a prospectus. Alpex Acquisition Corporation is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, without limitation to a specific industry or geographic region.

Detail Information
Total Units Offered 10,000,000
Price per Unit $10.00
Total Offering Size $100,000,000
Underwriter D. Boral Capital LLC
Over-allotment Option 1,500,000 units
Trading Symbol (Units) ALPXU
Warrant Exercise Price $11.50 per share

Which industry sectors is Alpex Acquisition Corporation most likely to target for its initial business combination?

How will the current market conditions for SPACs in 2026 impact Alpex's ability to identify and close a merger deal?

What specific criteria will Alpex use to select a target company given its lack of industry or geographic restrictions?

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