QualityStocksNewsBreaks – Alpex Acquisition Corporation (NASDAQ: ALPXU) Closes $115 Million Initial Public Offering
Alpex Acquisition (NASDAQ: ALPXU) announced the closing of its initial public offering of 11.5 million units, including the full exercise of the underwriters' over-allotment option, generating gross proceeds of $115 million before expenses. The units began trading on the Nasdaq Global Market on June 25 under the ticker "ALPXU," with each unit consisting of one Class A ordinary share, one redeemable warrant and one right to receive one-fourth of one Class A ordinary share upon completion of an initial business combination. Concurrently with the IPO, the company completed a private placement of 187,500 units that raised an additional $1.875 million…
