IPO closed June 26, 2026. Sold 11,500,000 Units at $10.00 each for $115.0 million gross proceeds, including full 1,500,000 Unit over-allotment exercise.
Private placement added 187,500 Units for $1.875 million. Trust account held $115,032,370 at period end.
Cash outside trust totaled $754,952. Working capital stood at $636,965.
No target selected. Company states it has not initiated substantive discussions with any prospective business combination candidate.
Going concern disclosure notes substantial doubt about ability to continue as a going concern due to liquidity needs for the 12-month post-IPO window.
Founder shares: 2,875,000 Class B shares outstanding. 230,000 representative shares issued as non-cash underwriting compensation.
Pulse Impact
- Previous Pulse: 52
- New Pulse: 51
- Change: –1
- Driver: 10-Q read as a slower or weaker beat, so Pulse fell.
Alpex Acquisition Corporation Form 10-Q (2026-08-13)
Not investment advice. Facts taken from the company’s Form 10-Q.