Apex Treasury Corporation focuses on effecting a merger, amalgamation, share exchange, share purchase, reorganization, or similar business combination with one or more ...
Apex Treasury Corporation is a blank check company, or SPAC, incorporated in the Cayman Islands. It raises capital through an IPO by issuing units, with the sole purpose of effecting a merger, amalgamation, share exchange, asset acquisition, or similar business combination with one or more operating businesses. The company currently has no operational activities or revenue.
Price Range: 10.00 USD per unit (IPO price)
Pain Points: Provides a streamlined, potentially more expeditious, and cost-effective alternative to a traditional initial public offering for target private companies to become public.
Solutions: Offers target businesses immediate access to public capital, public company status, and potential management incentives.
Target Users: Institutional and retail investors; target private companies in blockchain, AI, B2B software, data services, renewable energy, and real estate sectors.
Supply Chain
Underwriters (Cohen & Company Capital Markets)Trustee (Continental Stock Transfer & Trust Company)Legal/Audit Service Providers
Class A ordinary shares are the public equity component of the units issued by the company. Shareholders have redemption rights in connection with the company's initial business combination and are entitled to ratable dividends if declared.
Price Range: 10.07 USD (Market Price)
Pain Points: Allows public investors to participate in private equity-style investment opportunities.
Solutions: Provides liquidity and potential capital appreciation linked to the company's future business combination.
Target Users: Public equity investors.
Supply Chain
Public Markets (Nasdaq Global Market)
Each whole warrant entitles the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share, subject to adjustments. They become exercisable 30 days after the completion of an initial business combination and expire five years thereafter.
Price Range: N/A
Pain Points: Provides leverage to investors and additional capital to the company upon exercise.
Solutions: Offers the potential for enhanced returns if the stock price of the combined company increases significantly above the exercise price.
Target Users: Holders of units and secondary market investors.
Supply Chain
Warrant Agent (Continental Stock Transfer & Trust Company)