Apogee Acquisition posts $55,000 net loss for Q1 FY26

Apogee Acquisition Corp Units Con of 1 Sh + 1 warrant + 1 Right

Apogee Acquisition Corp Units Con of 1 Sh + 1 warrant + 1 Right

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  • Apogee Acquisition Corp. posted a net loss of USD 55,000 for the quarter ended March 31, 2026, reflecting formation and operating expenses of USD 55,000.
  • Initial public offering closed April 8, 2026, raising USD 172.5 million in gross proceeds from sale of 17,250,000 units at USD 10 per unit.
  • Sponsor bought 470,000 private placement units for USD 4.7 million; transaction costs totaled USD 8.97 million, including USD 2.39 million cash underwriting fee and USD 6 million deferred underwriter fee.
  • Company reported no revenue to date and said activities have focused on IPO preparation and identifying a target for a business combination.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Apogee Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-057945), on May 15, 2026, and is solely responsible for the information contained therein.

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