04:10 AM EDT, 10/28/2025 (MT Newswires) -- Apex Treasury Corp. (APXT), a blank check company, said late Monday it priced its upsized initial public offering of 30 million units at $10 apiece, for aggregate gross proceeds of $300 million.
Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, the company said. Each whole warrant entitles the holder to purchase one Class A ordinary share at $11.50 per share.
The units are expected to begin trading on the Nasdaq Global Market under the ticker symbol "APXTU" on Oct. 28. Subsequently, the Class A shares and warrants are expected to trade under the symbols "APXT" and "APXTW", respectively.
The offering is expected to close on Oct. 29.
The gross proceeds calculation is before the exercise of the underwriters' over-allotment option.