Hugreat Ltd - 26 Jun 2026 Form 4 Insider Report for Alpex Acquisition Corp

Reporting relationship: 10%+ Owner
Issuer ticker: ALPX, ALPXU on Nasdaq
Reported as of: 26 Jun 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Jul 2026, 16:05:36 UTC
Prior SEC filing: 24 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Ningdi Shi as Director of Hugreat Ltd.

Key filing fact

Hugreat Ltd filed Form 4 for Alpex Acquisition Corp on 02 Jul 2026.

Key facts

This page summarizes Hugreat Ltd's Form 4 filing for Alpex Acquisition Corp.
3 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 02 Jul 2026, 16:05.

Change

Previous filing in this sequence was filed on 24 Jun 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (2)

CIK 0002139280 Primary reporting owner

Hugreat Ltd

Relationship: 10%+ Owner
Address: C/O ALPEX ACQUISITION CORPORATION, 300 DELAWARE AVE. SUITE 210 #494, WILMINGTON
Signature: /s/ Ningdi Shi as Director of Hugreat Ltd.
Signature date: 02 Jul 2026

CIK 0002139234

Shi Ningdi

Relationship: 10%+ Owner
Address: C/O ALPEX ACQUISITION CORPORATION, 300 DELAWARE AVE. SUITE 210 #494, WILMINGTON
Signature: /s/ Ningdi Shi
Signature date: 02 Jul 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

No ticker transaction

Class A Ordinary Shares

Purchase

Transaction value
Shares: +187,500
Change %
Price
Shares after: 187,500
Date: 26 Jun 2026
Ownership: Direct
Footnotes: F1, F2

No ticker transaction

Class A Ordinary Shares

Purchase

Transaction value
Shares: +187,500
Change %
Price
Shares after: 187,500
Date: 26 Jun 2026
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

No ticker transaction Derivative

Private Warrants

Purchase

Transaction value
Shares: +187,500
Change %
Price
Shares after: 187,500
Date: 26 Jun 2026
Ownership: Direct
Underlying class: Class A Ordinary Shares
Underlying amount: 187,500
Exercise price: $11.50
Footnotes: F1, F2, F3, F4

No ticker transaction Derivative

Private Warrants

Purchase

Transaction value
Shares: +187,500
Change %
Price
Shares after: 187,500
Date: 26 Jun 2026
Ownership: Direct
Underlying class: Class A Ordinary Shares
Underlying amount: 187,500
Exercise price: $11.50
Footnotes: F1, F2, F3, F4

No ticker transaction Derivative

Private Rights

Purchase

Transaction value
Shares: +187,500
Change %
Price
Shares after: 187,500
Date: 26 Jun 2026
Ownership: Direct
Underlying class: Class A Ordinary Shares
Underlying amount: 46,875
Exercise price: $0.000000
Footnotes: F1, F2, F4, F5, F6

No ticker transaction Derivative

Private Rights

Purchase

Transaction value
Shares: +187,500
Change %
Price
Shares after: 187,500
Date: 26 Jun 2026
Ownership: Direct
Underlying class: Class A Ordinary Shares
Underlying amount: 46,875
Exercise price: $0.000000
Footnotes: F1, F2, F4, F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Hugreat Ltd., a British Virgin Islands company (the "Sponsor"), is the record holder of the securities reported herein. Ms. Ningdi Shi is the sole member and director of the Sponsor, which entitles her to voting, dispositive or investment power over the Sponsor. As such, Ms. Ningdi Shi is deemed to have voting and dispositive rights over the securities of Alpex Acquisition Corporation (the "Issuer") held by the Sponsor.

Footnote F2

Simultaneously with the consummation of the initial public offering of the Issuer, the Sponsor acquired 187,500 private units (the "Private Units") of the Issuer in a private placement (the "Private Placement") at a purchase price of $10 per Private Unit. Each Private Unit consists of one Class A ordinary share, one redeemable warrant, and one right to receive one-fourth (1/4) of one Class A ordinary share.

Footnote F3

Represents 187,500 Class A ordinary shares issuable upon exercise of 187,500 private warrants of the Issuer underlying the Private Units acquired by the Sponsor in the Private Placement. Each private warrant entitles the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share.

Footnote F4

As described in the Warrant Agreement dated June 24, 2026, between the Issuer and Vstock Transfer LLC, which is filed as Exhibit 4.6 to the Issuer's Registration Statement on Form S-1 (File No. 333-294978)(the "Registration Statement"), the private warrants will become exercisable on the later of (i) 30 days after the completion of an initial business combination and (ii) one year from the date that the registration statement is declared effective, and will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, as described in the Registration Statement.

Footnote F5

Represents 46,875 Class A ordinary shares of the Issuer issuable upon conversion of 187,500 private rights of the Issuer, each private right of the Issuer entitling the holder to receive one-fourth (1/4) of one Class A ordinary share of the Issuer, underlying the Private Units acquired by the Sponsor in the Private Placement.

Footnote F6

As described in the Rights Agreement dated June 24, 2026, between the Issuer and VStock Transfer, LLC, which is filed as Exhibit 4.4 of the Registration Statement, each private right of the Issuer will automatically convert into one-fourth (1/4) of one Class A ordinary share of the Issuer upon the completion of the Issuer's initial business combination.