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AI brief of an SEC Form 8-K · Apogee Acquisition Corp (AACP)

Apogee Acquisition closes $172.5 million IPO; $173.4 million placed in trust

Neutral Impact 3 of 5 financing Written later

Apogee Acquisition Corp, a blank check company, closed its initial public offering on April 8, 2026, selling 17,250,000 units at $10.00 each for $172.5 million, including the full exercise of the underwriters' over-allotment option. The company placed $173.4 million ($10.05 per unit, including $6.0 million in deferred underwriting commissions) in a trust account to fund a future business combination, and filed an audited April 8, 2026 balance sheet as Exhibit 99.1.

Key points

  • Offering: 17,250,000 units at $10.00 per unit, gross proceeds of $172,500,000, closed April 8, 2026
  • Private placement: 470,000 units sold to sponsor Apogee Acquisition Sponsor LLC for $4,700,000
  • Trust account: $173,362,500 ($10.05 per unit), held with Efficiency INC. as trustee
  • Balance sheet as of April 8, 2026 shows cash of $738,926 outside the trust

The filing

CompanyApogee Acquisition Corp (AACP)
Form8-K, current report
Filed with the SECApr 14, 2026, 5:14 PM ET
Accession number0001213900-26-043615

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 14, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.