Aperture Acquisition, a blank check company targeting financials, business services, real estate, and tech, filed on Thursday with the SEC to raise up to $350 million in an initial public offering.
The New York, NY-based company plans to raise $350 million by offering 35 million units at $10. Each unit consists of one share of common stock and one-fifth of a warrant, exercisable at $11.50. The company may raise an additional $405 million pursuant to forward purchase agreements with Centerbridge and the CEO that will close concurrently with the initial business combination. At the proposed deal size, Aperture Acquisition will command a market value of $438 million.
The company is led by CEO and Chairman Lance West, who previously served as CEO and Chairman of Centerbridge Partners. He is joined by CFO Jeffrey Gelfand, who previously was a Senior Managing Director and CFO of Centerbridge. Aperture Acquisition intends to focus on industries that complement the management team’s background and capitalize on its ability to source and acquire a business focused on financial services and financial technology (or “fintech”), business services, real estate services, and related technology and software services sectors.
Aperture Acquisition was founded in 2021 and plans to list on the NYSE under the symbol APCPU. Goldman Sachs, Morgan Stanley and Credit Suisse are the joint bookrunners on the deal.
