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Aperture AC 8K

0001213900-26-098971

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Atlantic HPC Group Inc. and Aperture AC announced a definitive SPAC business combination under which Atlantic will go public on Nasdaq as “AHPC,” with a pro forma $227 million enterprise value and significant growth capital to expand its bitcoin mining and AI/HPC infrastructure platform.

Atlantic HPC Group Inc. and Aperture AC (NASDAQ: APUR) have entered into a definitive business combination agreement under which a wholly owned subsidiary of Aperture will merge with and into Atlantic, with Atlantic surviving and the combined company expected to list on Nasdaq under the ticker “AHPC.” The transaction implies a pro forma enterprise value of approximately $227 million (based on a $10.00 per share price and assuming 0% redemptions), with Atlantic shareholders rolling 100% of their equity and anticipated to own about 46% of the combined company at closing. Up to 6 million earnout shares may be issued to Atlantic stockholders upon achieving specified operational and stock price milestones tied to leasing 5 MW of Phase I AI capacity and future trading price thresholds, and approximately $97 million of gross cash (assuming no redemptions) is expected to be available to fund Atlantic’s growth in bitcoin mining and AI/HPC infrastructure, particularly its Ohio AI Campus. The investor presentation filed as Exhibit 99.2 provides forward‑looking financial projections, strategic rationale, risk factors, and details of Atlantic’s 98 MW of utility-approved capacity, 47 MW under development, and its plan to convert part of its mining footprint into AI-ready data center infrastructure.

Filing Facts

CIK
2093524
Ticker
-
Form
8K
Source Type
sec
Accession
0001213900-26-098971
Alert Tier
8
Aperture AC 8K | ATTN