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Apr 8, 2026 8:00 PM

Apogee Acquisition Corp Announces Closing of $172.5 Million Initial Public Offering

Cheyenne, WY, April 08, 2026 (GLOBE NEWSWIRE) -- Apogee Acquisition Corp (the "Company"), 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, announced the closing of its initial public offering of 17,250,000 units at a price of $10.00 per unit on April 8, 2026, which included the full exercise by the underwriters of their overallotment option to purchase an additional 2,250,000 units. Total gross proceeds from the offering were $172,500,000 before deducting underwriting discounts and commissions and other offering expenses payable by the Company.

The units began trading on The Nasdaq Global Market ("Nasdaq") under the ticker symbol "AACPU" on April 7, 2026. Each unit consists of one Class A ordinary share of the Company, one redeemable public warrant and one right to receive one-fifth (1/5) of one Class A ordinary share upon the consummation of an initial business combination. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at ...