SPAC Apogee Acquisition files for a $250 million IPO, targeting advanced technologies
IPO Overview
Apogee Acquisition, a blank check company targeting advanced technologies, filed on Friday with the SEC to raise up to $250 million in an initial public offering.
The Cheyenne, WY-based company plans to raise $250 million by offering 25 million units at a price of $10. Each unit contains one share of common stock and one-half of one warrant exercisable at $11.50.
Apogee Acquisition is led by CEO and Chairman Jeffrey Smith, who is the managing member of Apogee Capital Partners, Apogee Strategic Ventures, and Apogee Venture Fund. He is joined by CFO Ian Rhodes, the CFO of Renatus Tactical Acquisition I （Nasdaq: RTACU）， and the Interim CFO of TNF Pharmaceuticals.
The SPAC intends to target companies developing, integrating, or enabling advanced technologies across both physical and digital domains, including opportunities in software, hardware, compute infrastructure, engineered materials, intelligent systems, automation, specialized components, energy and power technologies, and other technology-driven platforms that support mission-critical functions across modern markets.
The Cheyenne, WY-based company was founded in 2025 and plans to list on the Nasdaq under the symbol AACPU. Apogee Acquisition filed confidentially on December 23, 2025. Arc Group Securities is the sole bookrunner on the deal.
About the Company
Apogee Acquisition Corp, a Cayman Islands exempted company （the “Company”）， is a newly organized blank check company or special purpose acquisition company （“SPAC”）， formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our “initial business combination.” We have not selected any specific business combination target. To date, our efforts have been limited to organizational activities as well as activities related to this offering. Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region although we intend to focus on companies developing, integrating, or enabling advanced technologies across both physical and digital domains, including opportunities in software, hardware, compute infrastructure, engineered materials, intelligent systems, automation, specialized components, energy and power technologies, and other technology-driven platforms that support mission-critical functions across modern markets.
