Apex Treasury Corporation Announces Closing of Upsized $344.7 Million Initial Public Offering Including Exercise of Underwriters’ Over-Allotment Option
Apex Treasury Corporation (Nasdaq: APXTU) closed an upsized initial public offering on October 29, 2025, selling 34,470,000 units at $10.00 per unit (including a 4,470,000-unit overallotment exercise) for total gross proceeds of $344.7 million. Each unit contains one Class A ordinary share and one-half warrant; each whole warrant is exercisable at $11.50. The units began trading on Nasdaq under APXTU on October 28, 2025; shares and warrants are expected to trade separately as APXT and APXTW. Concurrently, the company completed a private placement of 8,894,000 warrants for $1.00 each, and placed the offering proceeds of $344,700,000 in trust. The company intends to pursue a business combination with an initial focus on the digital asset sector.
Apex Treasury Corporation (Nasdaq: APXTU) ha chiuso un''offerta pubblica iniziale ampliata il 29 ottobre 2025, vendendo 34.470.000 unità a 10,00 dollari per unità (incluso l''esercizio di una sovra-assegnazione di 4.470.000 unità) per un totale di proventi lordi di 344,7 milioni di dollari. Ogni unità comprende una azione ordinaria di classe A e una mezza warrant; ogni warrant intero può essere esercitato a 11,50 dollari. Le unità hanno iniziato a essere negoziate su Nasdaq con il simbolo APXTU il 28 ottobre 2025; le azioni e i warrant dovrebbero essere negoziati separatamente come APXT e APXTW. Contemporaneamente, la società ha chiuso un collocamento privato di 8.894.000 warrant per 1,00 dollaro ciascuno, e ha destinato i proventi dell''offerta di 344.700.000 dollari in un trust. La società intende perseguire una fusione commerciale con un focus iniziale sul settore degli asset digitali.
Apex Treasury Corporation (Nasdaq: APXTU) cerró una oferta pública inicial ampliada el 29 de octubre de 2025, vendiendo 34.470.000 unidades a $10.00 por unidad (incluido un ejercicio de sobreasignación de 4.470.000 unidades) por un total de ingresos brutos de $344.7 millones. Cada unidad contiene una acción ordinaria de clase A y una media warrant; cada warrant completo es exercitable a $11.50. Las unidades comenzaron a cotizar en Nasdaq bajo el símbolo APXTU el 28 de octubre de 2025; se espera que las acciones y warrants coticen por separado como APXT y APXTW. Paralelamente, la empresa completó un colocación privado de 8,894,000 warrants por $1.00 cada uno, y destinó los ingresos de la oferta de $344,700,000 a un fideicomiso. La empresa tiene la intención de buscar una combinación de negocios con un enfoque inicial en el sector de activos digitales.
Apex Treasury Corporation (나스닥: APXTU)가 2025년 10월 29일 확대한 초기 공모(IPO)를 종료하고 34,470,000개 유닛을 유닛당 $10.00에 판매했으며(4,470,000개 초과 배정권 행사 포함), 총 총매출액은 $344.7백만에 달했습니다. 각 유닛에는 A류 일반 주식 1주와 반 개의 워런트가 들어 있으며, 각 정워런트는 $11.50에 행사 가능합니다. 유닛은 2025년 10월 28일 Nasdaq에서 APXTUAPXT와 APXTW로 분리 거래될 예정입니다. 동시에 회사는 8,894,000개의 워런트를 $1.00에 직접 판매했고, 공모 수익 $344,700,000을 신탁에 보관했습니다. 회사는 초기 초점으로 디지털 자산 부문에 중점을 두고 사업 결합을 추진할 계획입니다.
Apex Treasury Corporation (Nasdaq: APXTU) a clôturé une offre publique initiale augmentée le 29 octobre 2025, en vendant 34 470 000 unités à 10,00 $ par unité (y compris l''exercice d''une attribution supplémentaire de 4 470 000 unités) pour un produit brut total de 344,7 millions de dollars. Chaque unité contient une action ordinaire de classe A et une demi- warrant; chaque warrant entier est exercable à 11,50 $. Les unités ont commencé à coté sur le Nasdaq sous le symbole APXTU le 28 octobre 2025; les actions et warrants devraient cotés séparément comme APXT et APXTW. Parallèlement, la sociêté a réalisié une placement privé de 8 894 000 warrants pour $1,00 chacun, et a placé les produits de l''offre de $344 700 000 dans une fiducie. La sociêté a l''intention de mener une fusion d''affaires avec un accent initial sur le secteur des actifs numériques.
Apex Treasury Corporation (Nasdaq: APXTU) schloss am 29. Oktober 2025 eine vergroßerte Erstnotiz ab und verkaufte 34.470.000 Einheiten zu 10,00 $ pro Einheit (einschließlich einer Over-Allotment-Ausübung von 4.470.000 Einheiten) über Bruttoerlöse von 344,7 Mio. $. Jede Einheit enthält eine Class-A-Aktie und eine halbe Warrant; jeder ganze Warrant ist ausübbar zu 11,50 $. Die Einheiten begannen am 28. Oktober 2025 mit dem Handel an der Nasdaq unter dem Symbol APXTU; Aktien und Warrants werden voraussichtlich separat als APXT und APXTW gehandelt. Gleichzeitig schloss das Unternehmen eine Privatplatzierung von 8.894.000 Warrants für 1,00 $ je Stück ab und legte die Mittel aus dem Angebot in ein Treuhandkonto. Das Unternehmen beabsichtigt, eine Unternehmensfusion mit anfänglichem Schwerpunkt auf dem Sektor der digitalen Vermögen abzuschließen.
Apex Treasury Corporation (ناسداك: APXTU) أغلقت عرضاً عاماً أولياً موسعاً في 29 أكتوبر 2025، ببيع 34,470,000 وحدة بسعر $10.00 للوحدة (بما في ذلك تنفيذ تخصيص إضافي لـ 4,470,000 وحدة) بإجمالى عوائد إجمالية قدرها $344.7 مليون. تحتوي كل وحدة على سهـم عادي من الفئة أ ونصف سلّام (وَرْنْت)؛ كل ورْنْت كامل قابل للإسناد عند $11.50. بدأ تداول الوحدات في ناسداك برمز APXTU في 28 أكتوبر 2025؛ من المتوقع تداول الأسهم والورْنْتس بشكل منفصل كـ APXT و APXTW. في الوقت نفسه، أكملت الشركة طرحاً خاصاً لـ 8,894,000 ورْنْتس بسعر $1.00 لكل وحدة، واحتفظت بعائدات عرضها في صندوق ائتماني. وتعتزم الشركة إجراء دمج تجاري مع تركيز ابتدائي على قطاع الأصول الرقمية.
Apex Treasury Corporation（纳斯达克：APXTU） 已于2025年10月29日完成扩大后的首次公开募股，售出34,470,000单位，单价为$10.00/单位（含4,470,000单位的超额配售权行使），总毛收入为$344.7百万。每单位包含一股A类普通股和半份权证；每份完整权证可于$11.50行使。单位于2025年10月28日在纳斯达克以代码APXTU开盘交易；股票与权证预计将分别以APXT和APXTW独立交易。同期，公司完成了对份权证的私募发行，发行价为$1.00，并将发行所得的$344,700,000美元托管在信托中。公司计划以数字资产领域为初步重点推进商业合并。
- $344.7M raised and placed in trust
- Upsized offering: 4,470,000 overallotment units exercised
- Concurrent private placement raised $8.894M
- Nasdaq listing commenced under APXTU on Oct 28, 2025
- Public warrants from units: 17,235,000 outstanding (34,470,000 units × 0.5)
- Private warrants issued: 8,894,000, total warrants 26,129,000
- Concentration risk: initial focus on the digital asset sector
Insights
Apex completed an upsized IPO raising
The company sold 34,470,000 units at
Key operational implications hinge on the SPAC structure: cash sits in trust pending a business combination and may not be spent for general operations before a qualifying deal. Watch for separate listing of the shares and warrants (expected symbols APXT and APXTW), the timeline for announcing a target, and any disclosures around redemption mechanics and trust breakage; these items typically crystallize within the first 12–24 months.
The vehicle now has a sponsor-backed war chest targeting digital asset deals, with sponsor-aligned private placement warrants in place.
The filing shows a standard SPAC closing: public units plus private placement warrants bought by the sponsor and an underwriter affiliate. The placement of
Risks and dependencies include the timeline to complete a qualifying combination and the choice to focus initially on the digital asset sector, which could affect due diligence intensity and regulatory scrutiny; monitor any announced target, the deadline for combination activity, and material terms of redemption or sponsor promote over the next
NEW YORK, NEW YORK, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Apex Treasury Corporation (Nasdaq: APXTU) (the “Company”) today announced the closing of its upsized initial public offering of 34,470,000 units, which includes 4,470,000 units issued pursuant to the exercise by the underwriters of their over-allotment option, at a public offering price of
The units are listed on The Nasdaq Global Market (“Nasdaq”) and commenced trading under the ticker symbol “APXTU” on October 28, 2025. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “APXT” and “APXTW,” respectively.
Concurrently with the closing of the initial public offering, the Company closed on a private placement of 8,894,000 warrants at a price of
Apex Treasury Corporation is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. While the Company may pursue an initial business combination in any sector or geographic region, it intends initially to focus on opportunities in the digital asset sector.
Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, acted as the sole book-running manager of the offering.
A registration statement relating to these securities has become effective pursuant to Section 8(a) of the Securities Act of 1933, as amended. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering was made only by means of a prospectus. Copies of the prospectus relating to this offering may be obtained from Cohen & Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: capitalmarkets@cohencm.com.
Cautionary Note Concerning Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s search for an initial business combination and the anticipated use of the net proceeds of the initial public offering and simultaneous private placement. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement for the initial public offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact
Ajmal Rahman
Chairman and Co-Chief Executive Officer
Apex Treasury Corporation
ajmal@apextreasurycorp.com
FAQ
How much did Apex Treasury (APXTU) raise in its initial public offering on October 29, 2025?
How many units and at what price did Apex Treasury (APXTU) sell in the IPO?
What are the warrant terms for Apex Treasury (APXTU) public and private warrants?
When did Apex Treasury units begin trading on Nasdaq and what are the expected separate tickers?
Who purchased the private placement warrants in Apex Treasury's offering?
What sector will Apex Treasury (APXTU) initially target for its business combination?
