Aperture Acquisition cut its planned IPO to 27.5 million units, down 21 percent from the 35 million units the SPAC initially planned to offer.
Aperture plans to acquire a business focused on financial services and fintech, business services, real estate services, and related technology and software services sectors.
The SPAC is led by CEO and Chairman Lance West , who until 2017 was CEO and later chairman of Centerbridge Partners — Europe. West also served as a member of the firm’s management and investment committees until his retirement from the firm.
The SPAC still intends to apply for a listing on the NYSE under APCPU. Read more.