Alpha Partners Technology Merger Corp.

Alpha Partners Technology Merger Corp.

APTMU
Alpha Partners Technology Merger Corp.US flagNASDAQ Capital Market
10.60
USD
-0.13
- -
243.21MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Kanishka B. Roy
Sector
Financial Services
Industry
Shell Companies
Address
Empire State Building New York City NY United States of America 10001
IPO Date
Jul 28, 2021
Business
Alpha Partners Technology Merger Corp. (NASDAQ:APTMU) is a blank check company whose principal business activity involves effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, primarily targeting technology-enabled companies that address large market needs through software or technology-enabled business models powered by long-term secular trends. The company offers no operational products or services beyond its SPAC structure, which includes units comprising one Class A ordinary share and one-third of a redeemable warrant exercisable at $11.50 per share; it maintains a trust account holding investor proceeds for deployment in a prospective de-SPAC transaction. Headquartered in New York, New York, Alpha Partners Technology Merger Corp. was incorporated in 2021 and operates principally in the United States with a focus on technology sector targets exhibiting resilience across market cycles. Recent major changes include the sale of its sponsor's founder units and economics to Mercury Capital in early 2024 for $1, resulting in a complete management overhaul with resignations of the prior board, CEO, and CFO, and appointments of new leadership including Kanishka Roy as President, CEO, Secretary, and Treasurer, alongside directors Michael Dinsdale, Alan Black, and David Sable. In conjunction, the company secured a subscription agreement with Palmeira for up to $1.5 million in extension funding and operational capital. It pursued a deadline extension to January 30, 2025, via proxy filing, reversed a prior liquidation decision to evaluate new transaction proposals, and signed a non-binding letter of intent in July with Glowforge, a 3D laser printer manufacturer, though no definitive merger has materialized as of late 2025.