Recent Updates — APUR

The board of directors of Atlantic HPC Group Inc has appointed Leo Lin as its Chief Executive Officer, effective October 1, 2026. Lin succeeds Jacqueline Jiang, who has stepped down from the role but will remain on Atlantic's board. Lin brings over 20 years of executive experience in scaling operations and financial strategy, having previously served as CFO for Eat Just Inc., Karma Automotive LLC, and Red Digital Cinema LLC. This leadership change occurs within the context of a proposed business combination between Aperture AC and Atlantic HPC Group. Aperture AC is a special purpose acquisition company focused on digital asset industry acquisitions.

Aperture AC announced that its business combination target, Atlantic HPC Group Inc., completed the acquisition of Valley Oasis Development LLC on September 23, 2026. The transaction adds a Dyersburg, Tennessee site with 29 MW of aggregate contract demand and a one-acre land lease to Atlantic’s portfolio. This brings Atlantic’s total utility-approved capacity to 127 MW across facilities in Oklahoma, Arkansas, Ohio, and Tennessee. Aperture is furnishing an investor presentation regarding the proposed business combination between the two entities. Aperture AC operates as a special purpose acquisition company focused on the digital asset industry.

Aperture AC entered into a Business Combination Agreement with Atlantic HPC Group Inc on September 10, 2026. The transaction involves Aperture de-registering from the Cayman Islands and re-domiciling as a Delaware corporation, followed by a merger where Atlantic becomes a wholly owned subsidiary. Company stockholders will receive shares of Aperture Common Stock valued at an aggregate $150 million, with each share priced at $10.00. The deal includes an earnout provision for up to 6,000,000 additional shares based on achieving specific lease milestones or stock price targets of $12.50 and $15.00 over five years. Aperture AC operates as a special purpose acquisition company (SPAC) focused on business combinations.