financetom
Business
financetom
/
Business
/
Apex Treasury Prices Upsized $300 Million IPO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Apex Treasury Prices Upsized $300 Million IPO
Oct 28, 2025 1:31 AM

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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hub Cyber Security Active Chairperson Kasbian Chirich Steps Down
Hub Cyber Security Active Chairperson Kasbian Chirich Steps Down
Mar 27, 2025
10:45 AM EDT, 03/27/2025 (MT Newswires) -- Hub Cyber Security ( HUBC ) said Thursday its Active Chairperson Kasbian Nuriel Chirich is stepping down from his role, due to personal reasons. The board unanimously appointed Renah Persofsky as the new active chairperson, effective March 25, according to the company. Persofsky joined the board in November. Chirich will remain on the...
Serbia faces losing access to oil imports as sanctions deadline looms, FT reports
Serbia faces losing access to oil imports as sanctions deadline looms, FT reports
Mar 27, 2025
March 27 (Reuters) - Serbia faces the risk of losing access to vital oil imports on Friday as discussions to prevent the imposition of sanctions on the country's sole oil refinery failed, President Aleksandar Vucic told the Financial Times on Thursday. A waiver on sanctions is due to expire at midnight, and if it is not extended NIS, majority-owned by...
Rivian Automotive Unusual Options Activity
Rivian Automotive Unusual Options Activity
Mar 27, 2025
Investors with a lot of money to spend have taken a bullish stance on Rivian Automotive ( RIVN ) . And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...
UK watchdog says SLB-ChampionX deal could hit competition
UK watchdog says SLB-ChampionX deal could hit competition
Mar 27, 2025
March 27 (Reuters) - Britain's competition regulator said on Thursday that oilfield services company SLB's proposed $8 billion deal to buy smaller rival ChampionX ( CHX ) could result in a substantial lessening of competition in the United Kingdom. The deal will be referred for an in-depth probe unless SLB and ChampionX ( CHX ) offer remedial measures, the Competition...
Copyright 2023-2026 - www.financetom.com All Rights Reserved