Alpex Acquisition, a blank check company led by Chinese executives targeting next-gen technologies, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The company plans to raise $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and one right to receive one-fifth of a share upon the completion of an initial business combination.
Alpex Acquisition is led by CEO and Chairwoman Xiaolin Zheng, who previously served as a Partner at CE Innovation Capital. The SPAC plans to focus on sectors where management 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 Wilmington, DE-based company was founded in 2026. It plans to list on the Nasdaq but has not selected a symbol yet (RC ticker: ALPXU.RC). D. Boral Capital is the sole bookrunner on the deal.
