other material
confidence high
sentiment neutral
materiality 0.25
APEX Tech Acquisition closes over-allotment (302,869 units, $3.03M) and private placement (3,029 units)
APEX Tech Acquisition Inc.
- Underwriters fully exercised over-allotment option for 302,869 Units at $10.00 each, generating $3,028,690 gross proceeds on April 15, 2026.
- Simultaneously closed private placement of 3,029 Private Placement Units to APEX INNOVATION ACQUISITION CORP. at $10.00/unit for $30,285.
- Pro forma trust account now $115,490,807; total assets $116,586,684 after adjustments.
- Pro forma adjustments include $490,807 interest earned, legal/accounting fees, and deferred offering costs charged to APIC.