Apogee Acquisition Corp is a blank check company, or SPAC, incorporated in the Cayman Islands in late 2025 with no operations or revenue. Its sole purpose is to raise capital through an IPO, hold that capital in trust, and use it to acquire a private company through a merger — a process commonly called a "de-SPAC." Apogee is raising $150M by selling units at $10.00 each, with approximately $150.75M placed into a trust invested in U.S. Treasuries or money market funds. Apogee intends to focus on technology-driven companies across software, hardware, compute infrastructure, advanced materials, automation, intelligent systems, and energy technology, though the mandate is broad and not limited to any single industry or geography. The Sponsor, controlled by CEO Jeffrey Smith, paid roughly $25,000 for 5M founder shares and purchases $4.7M in private placement units, funding part of the trust. Public shareholders get downside protection via the right to redeem shares at approximately $10.05 per share if they dislike a proposed deal. If no deal closes within 15 months, public shareholders receive their trust proceeds back, and the Sponsor's founder shares and private placement units become worthless. No acquisition target has been identified.