Alpex Acquisition Corporation Rights

Alpex Acquisition Corporation has closed its initial public offering of 11.5 million units at $10.00 per unit, generating gross proceeds of $115 million before underwriting discounts and expenses. The offering included the full exercise of the underwriters’ option to purchase an additional 1.5 million units to cover over-allotments. Each unit consists of one Class A ordinary share, one redeemable warrant, and one right to receive one-fourth of one Class A ordinary share upon consummation of an initial business combination. Concurrently, the company closed a private placement of 187,500 units at $10.00 per unit, yielding gross proceeds of $1.875 million. Of the net proceeds, $115 million was placed in trust.