Latin America-Focused APx Acquisition Files for $150M IPO

APx Acquisition I registered to offer 15 million units, each consisting of one share and one-half of a warrant.

The new SPAC intends to focus on companies in a Spanish-speaking Latin American country (“SSLA”) or companies outside a SSLA that provide goods and services to Spanish speaking markets.

CEO and Chairman Daniel Braatz has founded or co-founded a number of companies, including FHipo, a MREIT with over $1.4 billion in AUM, and VACE Partners, a company providing specialized financial services.

BofA is sole book-runner for the offering.

The SPAC has applied for a listing on the Nasdaq under APXIU. Read more.

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