APEX Tech Acquisition Inc. closes IPO of 11.2M units at $10/unit, deposits $112M in trust

APEX Tech Acquisition Inc.

IPO of 11,197,131 units at $10.00 each; gross proceeds $111,971,310.
Simultaneous private placement of 208,971 units to sponsor for $2,089,710.
Total of $111,971,310 from IPO and private placement deposited in trust account.
Audited balance sheet shows $584,080 cash outside trust; total assets $112.6M.
Going concern note: must complete business combination by May 27, 2027 or liquidate.

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