Monday, October 6, 2025

Latest

Renewable Energy SPAC AP Acquisition Prices US$150 Million IPO

Special purpose acquisition company AP Acquisition Corp (NYSE: APCA.U) went public today on the New York Stock Exchange. The company is seeking to raise US$150.0 million through its initial public offering.

The offering consists of 15.0 million company units priced at US$10.00 per unit. Each unit is composed of one Class A common share and one-half of a purchase warrant. Each whole warrant is redeemable to purchase one common share at US11.50 per share. The units will be trading under the symbol “APCA.U” but once the securities are separated, the common shares and the purchase warrants will be trading on the big board under the symbols “APCA” and “APCA.W”, respectively.

Credit Suisse Securities (USA) acts as the sole bookrunner for the offering. The company has granted the underwriters a 45-day over-allotment option to purchase additional 2.25 million company units at the same IPO price.

The offering is expected to close on December 22, 2021, subject to customary closing conditions.

The blank check firm relayed it will focus on the de-carbonization or renewable energy sectors, with a particular focus in Japan, Asian (excluding China) and European markets. The company is led by Richard Folsom as the chairman and Keiichi Suzuki as the CEO.

The firm’s sponsor is an affiliate of Asian private equity firm Advantage Partners which has offices in Tokyo, Hong Kong, Shanghai, and Singapore.


Information for this briefing was found via Edgar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Nvidia Props Up Customer CoreWeave’s IPO

Nvidia will reportedly anchor the much-anticipated initial public offering of CoreWeave at $40 per share...

Sunday, March 30, 2025, 09:32:00 AM

Biotech SPAC BioPlus Acquisition Prices US$200 Million IPO

Special purpose acquisition company BioPlus Acquisition Corp. (Nasdaq: BIOSU) started trading publicly on the Nasdaq...

Monday, December 6, 2021, 02:19:00 PM

Colombian Mining Firm Mineros Closes US$20 Million IPO, Starts Trading On TSX

Latin American gold mining company Mineros S.A. (TSX: MSA) closed on Friday its initial public...

Monday, November 22, 2021, 02:17:00 PM

Cannabis-Focused Investment Firm Silver Spike Looks To Raise US$85.0 Million On Its Nasdaq IPO

Management investment firm Silver Spike Investment Corp. (Nasdaq: SSIC) announced on Friday the pricing of...

Monday, February 7, 2022, 02:25:00 PM

Tech SPAC 10X Capital Venture Acquisition III Prices Upsized US$261 Million IPO

Blank check company 10X Capital Venture Acquisition Corp. III (NYSE: VCXB.U) is looking to raise...

Wednesday, January 12, 2022, 02:18:00 PM