Corporate ActionApr 21, 2026, 02:42 PM
APEX Tech raises $3.06M from over-allotment & private placement
AI Summary
APEX Tech Acquisition Inc. announced the full exercise of its underwriters' over-allotment option, generating an additional $3,028,690 in gross proceeds from the sale of 302,869 units at $10.00 each. Concurrently, the company completed a private placement of 3,029 units to APEX INNOVATION ACQUISITION CORP., raising $30,285. These transactions, which closed on April 15, 2026, bring the total gross proceeds from the IPO and related offerings to over $115 million.
Key Highlights
- Underwriters fully exercised over-allotment option for 302,869 units.
- Generated additional gross proceeds of $3,028,690 at $10.00 per unit.
- Private placement of 3,029 units raised $30,285 from APEX INNOVATION ACQUISITION CORP.
- Total gross proceeds from IPO and related offerings now exceed $115 million.
Price Impact
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