Atlantic HPC Group Inc. Seeks to Become Publicly Listed Through Business Combination with Aperture AC
Aperture AC (NASDAQ: APUR), a blank-check SPAC, signed a definitive business combination agreement with Atlantic HPC Group, a bitcoin mining and digital-infrastructure operator across Oklahoma, Arkansas and Ohio. The combined company expects to list on Nasdaq under ticker AHPC, with closing targeted for the first quarter of 2027 pending shareholder, exchange and regulatory approvals. Deal terms: Atlantic is acquired at a $150 million pre-money equity value, paid in Aperture Class A shares valued at $10.00 each — 15,000,000 shares plus up to 6,000,000 earnout shares tied to a 5 MW Phase I data-center lease and $12.50/$15.00 three-month VWAP milestones.
Key figures
- Revenue
- $28.6 million
- Deal Value Usd
- 150000000
- Offering Price
- 10
- Shares Offered
- 15000000
- Hash rate
- 1.9 EH/s
- Earnout shares
- 6000000
- Expected close
- Q1 2027
- Redomiciliation
- Cayman Islands to Delaware
- Post closing ticker
- AHPC
- Bitcoin mined fy2026a
- 303
- Operational milestone
- binding arm's-length lease for Phase I 5 MW data-center capacity, initial term of at least 7 years
- Target fy2026a ebitda
- $4.4 million
- Development pipeline mw
- 121
- Earnout vwap milestones
- ["$12.50","$15.00"]
- Target fiscal year note
- Atlantic FY2026A ended 6/30/2026, actual but unaudited
- Capacity in operation mw
- 51
- Utility approved power mw
- 98
- Trust gross proceeds up to
- $102 million
- Capacity held for future mw
- 23
- Capacity under development mw
- 47
AI analysis
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