Alpex Acquisition Corp 8-K

What Happened

• Alpex Acquisition Corp announced it consummated its initial public offering on June 26, 2026, selling 11,500,000 units (including the full 1,500,000-unit over-allotment) at $10.00 per unit. The offering generated gross proceeds of $115,000,000.
• Concurrently, the company sold 187,500 private units to its sponsor, Hugreat Ltd., for $1,875,000. From the proceeds (net of transaction expenses and working capital), $115,000,000 was placed into a trust account for the benefit of the company’s public shareholders, with Equiniti Trust Company, LLC acting as trustee. An audited balance sheet as of June 26, 2026 is included as Exhibit 99.1 to the 8‑K.

Key Details

• Unit composition: each Unit = 1 Class A ordinary share, 1 redeemable warrant, and 1 right (each right convertible into 1/4 of a Class A share upon completion of a business combination).
• Warrant terms: each Warrant entitles holder to purchase one Class A share at $11.50 per share.
• Over-allotment: the underwriter’s full option (1,500,000 units) was exercised.
• Trust: $115,000,000 placed in a trust account administered by Equiniti Trust Company, LLC.

Why It Matters

• The company has completed its capital raise and has cash held in trust, a key step for a blank‑check/acquisition vehicle preparing to seek a business combination.
• Unit structure (shares + warrants + rights) and the sponsor’s private units affect future dilution and alignment of sponsor/public shareholders.
• The audited balance sheet included in the filing provides verified financial confirmation of the offering proceeds and trust funding for investors.