Apex Treasury Sponsor moves 50K Class B APXT shares
Apex Treasury Sponsor LLC, a major holder of Apex Treasury Corp, reported an internal restructuring of its stake rather than a market trade.
Rhea-AI Filing Summary
Apex Treasury Sponsor LLC, a major holder of Apex Treasury Corp, reported an internal restructuring of its stake rather than a market trade. On April 17, 2026, the Sponsor transferred 50,000 Class B Ordinary Shares to Paul Sykes for $0.003 per share, the same price it originally paid.
After this transfer, the Sponsor held 11,070,000 Class B Ordinary Shares. These Class B shares automatically convert into Class A Ordinary Shares on a one-for-one basis at the time of Apex Treasury Corp’s initial business combination, or earlier at the holder’s option, subject to anti-dilution adjustments.
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Ordinary Shares | 50,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. The Class B Ordinary Shares are automatically convertible into the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination, or earlier at the option of the holder thereof, on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-289485).
- F2. On April 17, 2026, Apex Treasury Sponsor LLC (the "Sponsor") transferred 50,000 Class B Ordinary Shares of the Issuer to Paul Sykes for the same per-share price it paid for such shares, or $0.003 per share.
- F3. The Sponsor is the record holder of the securities reported herein. Hugh Cochrane and Ajmal Rahman are the managing members of the Sponsor. Each of Messrs. Cochrane and Rahman has voting and investment discretion with respect to the securities held of record by the Sponsor. As such, each of Messrs. Cochrane and Rahman may be deemed to have beneficial ownership of the securities held directly by the Sponsor. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
Key Figures
Key Terms
anti-dilution rights financial
initial business combination financial
beneficial ownership financial
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