AP Acquisition Corp.
APCA-WT
New York Stock Exchange0.02
USD
+0.00
- -
CIK
0001862993
Return %
Stock
S&P500
1Y
-56.52
18.21
3Y
-77.01
63.29
5Y
-77.01
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001862993
- Similar Companies
- Business
- AP Acquisition Corp. (NYSE:APCA-WT) operates as a blank check company without significant ongoing business operations; it seeks to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more targets in the de-carbonization and renewable energy sectors, focusing on Japan and Asia excluding China, as well as European markets. Sponsored by AP Sponsor LLC, an affiliate of Advantage Partners, Inc., the Cayman Islands exempted company went public in December 2021 via a $172.5 million initial public offering of 17.25 million units at $10.00 each on the New York Stock Exchange under the ticker APCA-U, with separate trading of Class A ordinary shares (APCA) and redeemable warrants (APCA-WT) thereafter; each whole warrant entitles the holder to purchase one Class A ordinary share at $11.50 upon exercise. Headquartered in Singapore with operational ties to Hong Kong, the SPAC targeted enterprise values aligned with its trust proceeds for sustainability-focused targets. In July 2023, it announced a business combination with JEPLAN, Inc., a Japanese PET chemical recycling technology firm, valuing JEPLAN at around $300 million with up to $180 million in gross proceeds assuming no redemptions; commitments included a $5 million Sponsor subscription and a non-redemption deed from Tokyo Century Corporation for 500,000 shares, totaling $10 million in support. The deal advanced with a Form F-4 registration filing in September 2023 aiming for a Q1 2024 NYSE listing of the combined entity but terminated mutually on June 16, 2024, due to failure to meet the minimum cash condition by the June 21 deadline; AP Acquisition then redeemed all public shares at approximately $11.48 each by July 2, 2024, delisted its securities from NYSE, and planned dissolution pending shareholder and Cayman Islands approvals, rendering warrants worthless while initial shareholders waived redemption rights. As of late 2025, no new business combination has materialized, leaving APCA-WT as residual warrants traded post-liquidation in a non-operational entity.