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Alpex Acquisition CorpALPX

Class A ALPXUnits ALPXUWarrants ALPXWRights ALPXRCIK 0002125551

Cash in trust

$115.0M

$115,032,370

Trust per share

Redemption value

IPO

Jun 2026

$115.0M raised

Combination deadline

Jun 25, 2027

294 days remaining

Filings on record

26

Latest Aug 25, 2026

Overview

Alpex Acquisition Corp is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002125551. It completed its initial public offering in Jun 2026, raising $115.0M in gross proceeds and listing on Nasdaq. Class A shares trade under the ticker ALPX, units under ALPXU, warrants under ALPXW, rights under ALPXR on Nasdaq. The vehicle is sponsored by Hugreat through Hugreat Ltd. The mandate targets technology, media & entertainment. IPO closed, trust funded, no definitive agreement announced.

We intend to focus our business combination search on targets operating in sectors where our management team has a demonstrated track record of successful investments, including digital entertainment, interactive media, e -commerce ecosystems, and next -generation technologies such as AI -driven applications and smart hardware.
The mandate, as stated in the IPO prospectus

Reading the filings

Arithmetic on what Alpex Acquisition Corp has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.

  • Time on the clock

    294 days to the Jun 25, 2027 deadline. The vehicle is early in its search window, and the deadline is not yet the binding constraint.

  • Underwriting

    D. Boral Capital led the offering. It has been named on 28 SPAC IPOs, book-running 27 of them. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.

Scores

Recomputed 4m ago

Three readings of Alpex Acquisition Corp, each an unweighted mean of the components shown beneath it, and each component a percentile against every live SPAC rather than an absolute we invented. They describe the setup, not the merit. How they are built

FOMO

Moderate

How much attention is this vehicle attracting right now?

43/100

  • Filing activity85

    6 in 30 days

  • News coverage0

    0 stories in 30 days

Attention is not quality. FOMO rises on news volume and on the market paying above trust, both of which have preceded plenty of disappointments.

Potential

Moderate

How likely is this vehicle to complete a combination, and at what scale?

30/100

  • Bank franchise26

    28 SPAC mandates

  • Trust scale22

    $115M

  • Stage40

    searching

Potential is about execution, not about the target. It says nothing about whether the eventual deal is worth owning, because the target is usually unknown when the score is computed.

These are derived measures, not ratings of investment merit. They carry no view on the target, no price target and no recommendation, and a high score is not a reason to buy anything.

News on Alpex Acquisition Corp

Last 90 days

News sentiment

Positive
negativeneutralpositive

Across 1 recent story, weighted towards the newest. Scored by our own headline classifier using finance- and SPAC-specific terms. It reads what a story is about, not what the shares are worth.

SEC filing history

Free tier: filings older than 24 hours
  • SCHEDULE 13G/A

    Amended beneficial ownership report (passive)

    Accession 0001376474-26-000581

    Aug 25, 2026

    10d ago

    Open filing
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0000919574-26-005354

    Aug 14, 2026

    21d ago

    Open filing
  • SCHEDULE 13G/A

    Amended beneficial ownership report (passive)

    Accession 0001193125-26-351095

    Aug 14, 2026

    21d ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001213900-26-089262

    Aug 13, 2026

    21d ago

    Open filing
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0001950677-26-000016

    Aug 13, 2026

    21d ago

    Open filing
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0001104659-26-095455

    Aug 13, 2026

    22d ago

    Open filing
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0001193125-26-295051

    Jul 2, 2026

    2mo ago

    Open filing
  • 4

    Statement of changes in beneficial ownership

    Accession 0001213900-26-074958

    Jul 2, 2026

    2mo ago

    Open filing
  • SCHEDULE 13D

    Beneficial ownership report (activist)

    Accession 0001213900-26-074959

    Jul 2, 2026

    2mo ago

    Open filing
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001213900-26-074955

    Jul 2, 2026

    2mo ago

    Open filing
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0001376474-26-000465

    Jul 2, 2026

    2mo ago

    Open filing
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001213900-26-073790

    Jun 30, 2026

    2mo ago

    Open filing
  • 8-K

    Entry into a material definitive agreement; Other events

    Items 1.01, 3.02, 5.02, 5.03, 8.01, 9.01 · Accession 0001213900-26-073110

    Jun 29, 2026

    2mo ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001213900-26-072642

    Jun 26, 2026

    2mo ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001213900-26-072641

    Jun 26, 2026

    2mo ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001213900-26-072639

    Jun 26, 2026

    2mo ago

    Open filing
  • 424B4

    Final IPO prospectus

    Accession 0001213900-26-072089

    Jun 25, 2026

    2mo ago

    Open filing
  • EFFECT

    Notice of effectiveness

    Accession 9999999995-26-002099

    Jun 25, 2026

    2mo ago

    Open filing
  • CERT

    Exchange listing certification

    Accession 0001354457-26-000619

    Jun 24, 2026

    2mo ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001213900-26-071518

    Jun 24, 2026

    2mo ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001213900-26-071515

    Jun 24, 2026

    2mo ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001213900-26-071514

    Jun 24, 2026

    2mo ago

    Open filing
  • 8-A12B

    Registration of securities on an exchange

    Accession 0001213900-26-071425

    Jun 24, 2026

    2mo ago

    Open filing
  • S-1/A

    Amended IPO registration statement

    Accession 0001213900-26-065805

    Jun 5, 2026

    3mo ago

    Open filing
  • S-1/A

    Amended IPO registration statement

    Accession 0001213900-26-060264

    May 22, 2026

    3mo ago

    Open filing
  • S-1

    Registration statement for the initial public offering

    Accession 0001213900-26-042478

    Apr 10, 2026

    4mo ago

    Open filing

Alpex Acquisition Corp: questions answered

What is Alpex Acquisition Corp (ALPX)?

Alpex Acquisition Corp is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002125551. It completed its initial public offering in Jun 2026, raising $115.0M in gross proceeds and listing on Nasdaq. Class A shares trade under the ticker ALPX, units under ALPXU, warrants under ALPXW, rights under ALPXR on Nasdaq. The vehicle is sponsored by Hugreat through Hugreat Ltd. The mandate targets technology, media & entertainment. IPO closed, trust funded, no definitive agreement announced.

How much does Alpex Acquisition Corp hold in trust?

Approximately $115,032,370, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.

When must Alpex Acquisition Corp complete a merger?

By Jun 25, 2027. If no combination closes by then the sponsor must seek a further extension or wind the vehicle up and return the trust.

What happens if Alpex Acquisition Corp does not find a target in time?

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Can I redeem shares in Alpex Acquisition Corp, and at what price?

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

What tickers does Alpex Acquisition Corp trade under?

Class A shares trade as ALPX on Nasdaq, the units as ALPXU, and the warrants as ALPXW, with rights as ALPXR. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.

Is the trust value the same as the share price for Alpex Acquisition Corp?

No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.

Who sponsors Alpex Acquisition Corp, and what is their track record?

Hugreat Ltd is the sponsor entity, part of the Hugreat franchise. This is the only vehicle we have attributed to that sponsor. Named principals: Xiaolin Zheng.

Which banks underwrote the Alpex Acquisition Corp IPO?

D. Boral Capital. D. Boral Capital was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.

Is Alpex Acquisition Corp tradeable, and where?

Yes. ALPX returned a live quote of $9.97 on Nasdaq. Quotes here are delayed and refreshed on a schedule rather than streamed, so treat the figure as indicative and confirm on your own venue. Units and warrants trade under their own symbols and are quoted separately.

Is Alpex Acquisition Corp a good investment?

That is not a question this site answers. Alpex Acquisition Corp is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Where does this Alpex Acquisition Corp data come from?

Filings Alpex Acquisition Corp submitted to the SEC under CIK 0002125551: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.

Compiled by the SPACListing research desk

Last reconciled Sep 4, 2026

Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.

Read the full methodology · What is in the dataset · Report a correction

SPACListing is a reference-data service, not an investment adviser. Nothing here is a recommendation to buy or sell any security.

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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.