Alpex Acquisition Corp Completes $115M IPO, Fully Exercises Over-Allotment Option
ALPXU is trading near its 52-week low of $9.99 (0.6% above the low) on light trading volume (0.1× avg).
Summary
Alpex Acquisition Corporation announced the successful consummation of its $115 million initial public offering, including the full exercise of the over-allotment option, and a concurrent private placement.
Key Events · Financing and Capital Events · ALPXU
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Initial Public Offering Consummated
Alpex Acquisition Corporation completed its IPO of 11,500,000 units on June 26, 2026, at an offering price of $10.00 per unit.
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Underwriter's Over-Allotment Option Fully Exercised
The underwriter fully exercised its option to purchase an additional 1,500,000 units, demonstrating strong demand for the offering.
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Gross Proceeds of $115 Million Raised
The IPO generated gross proceeds of $115,000,000, providing the company with substantial capital for its business combination efforts.
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Concurrent Private Placement Completed
The company also completed a private sale of 187,500 units to its sponsor, Hugreat Ltd, generating an additional $1,875,000.
Analysis · ALPXU · Real Estate & Construction
Alpex Acquisition Corporation, a SPAC, successfully completed its initial public offering, raising $115 million. The full exercise of the underwriter's over-allotment option indicates strong market demand for the units. This event provides the company with the necessary capital to pursue its initial business combination, marking a critical step in its operational lifecycle.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 36.9% of the 964 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.65%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ALPXU was trading at $10.05 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $117.4M. The 52-week trading range was $9.99 to $10.05. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.