AxonPrime Infrastructure Acquisition Corporation
APMIW
NASDAQ Capital Market0.00
USD
+0.00
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AxonPrime Infrastructure Acquisition Corporation
APMIW
(NASDAQ Capital Market)
Recent
price
0.00
P/E
ratio
- -
div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- AxonPrime Infrastructure Acquisition Corporation AxonPrime Infrastructure Acquisition Corporation operates as a blank check company whose purpose is to effect a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities; it focuses on targets developing breakthrough scientific and technological innovations in communication, robotics, building and construction technology, water, 3D printing, and semiconductors. The company, founded in 2021 and headquartered in New York, New York, raised $150 million in its initial public offering in August 2021 through 15 million units comprising one share of Class A common stock and one-third of a redeemable warrant exercisable at $11.50 per share; units trade under APMIU, with separated shares under APMI and warrants under APMIW. In August 2023, AxonPrime announced its plan to liquidate after failing to complete an initial business combination by the August 17 deadline, with units separating on August 15, 2023, and pro rata distributions from the trust account expected around August 21, 2023, to record holders as of August 17, 2023; the sponsor waived liquidation rights on its founder shares, while no distributions applied to redeemable warrants, marking the company's closure as a liquidated special purpose acquisition vehicle.