Aperture ACAPUR
Cash in trust
$102.6M
$102,611,899
Trust per share
—
Redemption value
IPO
May 2026
$102.0M raised
Combination deadline
—
Not disclosed
Filings on record
37
Latest Aug 14, 2026
Overview
Aperture AC is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002093524. It completed its initial public offering in May 2026, raising $102.0M in gross proceeds and listing on Nasdaq. Class A shares trade under the ticker APUR, rights under APURR on Nasdaq. The vehicle is sponsored by Aperture through Aperture Sponsor LLC. The mandate targets digital assets. Deadline lapsed without a deal; trust returned to public shareholders.
“we intend to focus on identifying a business combination target in digital assets industry.”
Reading the filings
Arithmetic on what Aperture AC 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.
Underwriting
I-Bankers Securities led the offering. It has been named on 54 SPAC IPOs, book-running 20 of them, and 20.8% of its resolved vehicles closed a deal. 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.
SEC filing history
Free tier: filings older than 24 hours- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001326389-26-000057
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0000919574-26-005341
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001193125-26-351103
- 10-Q
Quarterly report
Accession 0001213900-26-089102
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001104659-26-095405
- 10-Q
Quarterly report
Accession 0001213900-26-072123
- 4
Statement of changes in beneficial ownership
Accession 0000886982-26-000291
- 3
Initial statement of beneficial ownership
Accession 0000886982-26-000289
- 25-NSE
Notification of delisting
Accession 0001354457-26-000554
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001213900-26-066647
- SCHEDULE 13D
Beneficial ownership report (activist)
Accession 0001213900-26-063717
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001193125-26-248995
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001213900-26-062836
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001376474-26-000404
- 4
Statement of changes in beneficial ownership
Accession 0001213900-26-061600
- 8-K
Entry into a material definitive agreement; Other events
Items 1.01, 3.02, 5.02, 5.03, 8.01, 9.01 · Accession 0001213900-26-060674
- 424B4
Final IPO prospectus
Accession 0001213900-26-060082
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001846718-26-000009
- 3
Initial statement of beneficial ownership
Accession 0001213900-26-059718
- 3
Initial statement of beneficial ownership
Accession 0001213900-26-059717
- 3
Initial statement of beneficial ownership
Accession 0001213900-26-059716
- 3
Initial statement of beneficial ownership
Accession 0001213900-26-059715
- 3
Initial statement of beneficial ownership
Accession 0001213900-26-059714
- CERT
Exchange listing certification
Accession 0001354457-26-000486
- 8-A12B
Registration of securities on an exchange
Accession 0001213900-26-059516
- EFFECT
Notice of effectiveness
Accession 9999999995-26-001635
- CORRESP
Correspondence with SEC staff
Accession 0001213900-26-055146
- CORRESP
Correspondence with SEC staff
Accession 0001213900-26-055143
- CORRESP
Correspondence with SEC staff
Accession 0001213900-26-052915
- S-1/A
Amended IPO registration statement
Accession 0001213900-26-052910
Aperture AC: questions answered
What is Aperture AC (APUR)?
Aperture AC is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002093524. It completed its initial public offering in May 2026, raising $102.0M in gross proceeds and listing on Nasdaq. Class A shares trade under the ticker APUR, rights under APURR on Nasdaq. The vehicle is sponsored by Aperture through Aperture Sponsor LLC. The mandate targets digital assets. Deadline lapsed without a deal; trust returned to public shareholders.
How much does Aperture AC hold in trust?
Approximately $102,611,899, 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 Aperture AC complete a merger?
No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.
What happens if Aperture AC 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 Aperture AC, 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 Aperture AC trade under?
Class A shares trade as APUR on Nasdaq, with rights as APURR. 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 Aperture AC?
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 Aperture AC, and what is their track record?
Aperture Sponsor LLC is the sponsor entity, part of the Aperture franchise. This is the only vehicle we have attributed to that sponsor. Named principals: Calvin Kung.
Which banks underwrote the Aperture AC IPO?
I-Bankers Securities. I-Bankers Securities was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.
Is Aperture AC a good investment?
That is not a question this site answers. Aperture AC 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 Aperture AC data come from?
Filings Aperture AC submitted to the SEC under CIK 0002093524: 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.
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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.
Aperture: the full record
Every vehicle this sponsor has launched, what closed, what liquidated and what is still live.
I-Bankers Securities in SPACs
Mandates, bookrun credit, deal volume and the outcome of the vehicles it priced.
Digital Assets SPACs
Every vehicle chasing the same mandate, ranked by cash in trust.
All liquidated spacs
Deadline lapsed without a deal; trust returned to public shareholders.
Deadline calendar
Which sponsors are running out of time, and when the extension votes land.
What is a SPAC?
The structure, the economics and where the risks actually sit.
SPAC glossary
Every term in a blank-check filing, defined the way practitioners use it.
How this data is built
Coverage universe, ingestion, normalisation, lifecycle classification and known limits.