Alpex units begin separate trading of shares and warrants
Alpex Acquisition Corporation announced that holders of its 11,500,000 IPO units may elect to separately trade Class A ordinary shares, warrants, and rights starting July 7, 2026. The units, originally offered at $10.00 each, generated $115 million in gross proceeds. Separated components will trade on Nasdaq under ALPX, ALPXW, and ALPXR, while units not separated will continue trading under ALPXU.

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Alpex Acquisition Corporation has announced that holders of its 11,500,000 initial public offering units may elect to separately trade the Class A ordinary shares, warrants, and rights included in the units, commencing July 7, 2026. The units were previously sold in an underwritten offering at $10.00 per unit, generating gross proceeds of $115,000,000. This development allows investors to trade the underlying components individually, providing greater liquidity and flexibility in the market.
The units, which originally traded on the Nasdaq Global Market under the symbol 'ALPXU', consisted of one Class A ordinary share, one redeemable warrant, and one right to receive one-fourth of one Class A ordinary share. Once separated, the Class A ordinary shares, warrants, and rights will trade under the symbols 'ALPX,' 'ALPXW,' and 'ALPXR,' respectively. Any units that are not separated will continue to trade under 'ALPXU'.
To facilitate the separation, holders must instruct their brokers to contact the company's transfer agent, VStock Transfer LLC. The offering included the full exercise of the underwriters' option to purchase an additional 1,500,000 units to cover over-allotments. D. Boral Capital LLC acted as the sole book-running manager for the offering.
A registration statement on Form S-1 (File No. 333-294978) relating to these securities was declared effective by the U.S. Securities and Exchange Commission (SEC) on June 24, 2026. The company also closed a concurrent private placement of 187,500 units at $10.00 per unit, yielding gross proceeds of $1,875,000. Of the net proceeds, $115,000,000 was placed in trust.
| Detail | Information |
|---|---|
| Total Units Sold | 11,500,000 |
| Price per Unit | $10.00 |
| Total Gross Proceeds | $115,000,000 |
| Private Placement Units | 187,500 |
| Trust Amount | $115,000,000 |
| Underwriter | D. Boral Capital LLC |
| Trading Symbol (Units) | ALPXU |
| Warrant Exercise Price | $11.50 per share |
Alpex Acquisition Corporation is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company's efforts to identify a prospective target business are not limited to a particular industry or geographic region.
How will the separation of units impact the trading volume and liquidity of Alpex's Class A ordinary shares and warrants?
What potential target industries or geographic regions is Alpex likely to focus on for its business combination?
How might the $115 million trust account influence Alpex's ability to secure a favorable merger deal?





















