APEX Tech Acquisition Inc

APEX Tech Acquisition Inc (TRAD) is a blank-check special purpose acquisition company (SPAC) that raised capital through an IPO to identify and merge with an operating business. The company generates no operating revenue. Its sole financial activity is holding IPO proceeds in a trust account while management searches for an acquisition target. On February 27, 2026, the company completed its IPO of 11,197,131 units at $10.00 per unit, generating total gross proceeds of $111,971,310, which were placed in a trust account maintained by Continental Stock Transfer & Trust Company and invested in U.S. government treasury bills with maturities of 185 days or less or qualifying money market funds. The company also completed a concurrent private placement of 208,971 Private Units at $10.00 per unit, generating $2,089,710. As of the six months ended February 28, 2026, the company reported a net loss of $47,671, consisting entirely of formation and operating costs. A going concern uncertainty exists if no business combination is completed within the prescribed Combination Period.