APEX Tech Acquisition (TRAD) prices $100 million IPO of NYSE units

Rhea-AI Filing Summary

APEX Tech Acquisition Inc., a Cayman Islands blank check company, priced its initial public offering at $100 million, selling 10,000,000 units at $10.00 per unit. Each unit includes one ordinary share and a right to receive one-fourth of an ordinary share if an initial business combination is completed.

The units are expected to begin trading on the NYSE under the symbol “TRADU” on February 26, 2026, with the ordinary shares and rights later trading separately as “TRAD” and “TRADR”. A.G.P./Alliance Global Partners is the sole book-running manager, and underwriters have a 45-day option to buy up to 1,500,000 additional units to cover any over-allotments.

Insights

Capital markets and IPO analyst

APEX Tech prices a $100 million IPO of units on the NYSE.

APEX Tech Acquisition Inc. is raising $100 million by selling 10,000,000 units at $10.00 each. Every unit bundles one ordinary share with a right to receive one-fourth of an ordinary share upon completion of an initial business combination.

The structure gives investors exposure to a future merger while tying part of their return to successfully closing that deal. A.G.P./Alliance Global Partners acts as sole book-running manager, and underwriters may buy up to 1,500,000 additional units within 45 days to cover over-allotments, which could modestly increase the total capital raised.

The company is a blank check vehicle incorporated in the Cayman Islands to pursue a merger, share exchange, asset acquisition, share purchase, reorganization or similar transaction in any industry. Actual outcomes will depend on its ability to complete the IPO on the stated terms and later identify and close an attractive business combination.

  EXHIBIT 99.1

APEX Tech Acquisition Inc. Prices $100 Million Initial Public Offering

New York, New York – February 25, 2026 – APEX Tech Acquisition Inc., a blank check company incorporated in the Cayman Islands as an exempted company (the “Company”), today announced the pricing of its initial public offering (“IPO”) of 10,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one ordinary share and one right to receive one-fourth (1/4) of one ordinary share upon the consummation of an initial business combination. The units are expected to trade on The New York Stock Exchange (“NYSE”) under the ticker symbol “TRADU” beginning February 26, 2026. The Company expects the IPO to close on February 27, 2026, subject to customary closing conditions. Once the securities comprising the units begin separate trading, the ordinary shares and the rights are expected to be traded on NYSE under the symbols “TRAD” and “TRADR,” respectively.

A.G.P./Alliance Global Partners is acting as the sole book-running manager for the offering.

The Company has granted the underwriters a 45-day option to purchase up to 1,500,000 units at the initial public offering price, less underwriting discounts and commissions, to cover over-allotments, if any.

A registration statement on Form S-1 relating to the securities, as amended (File No. 333-291936) was previously filed with the Securities and Exchange Commission ("SEC") and declared effective on February 25, 2026. This offering is being made only by means of a prospectus forming part of the effective registration statement. Copies of the prospectus may be obtained on the SEC’s website at http://www.sec.gov. Electronic copies of the prospectus may be obtained from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at prospectus@allianceg.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. No securities regulatory authority has either approved or disapproved of the contents of this press release.

About APEX Tech Acquisition Inc.

The Company is a blank check company incorporated in the Cayman Islands as an exempted company with limited liability for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The Company intends to conduct a search for target businesses without being limited to a particular industry.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the IPO and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or 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 and preliminary prospectus for the IPO 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:

APEX Tech Acquisition Inc.

Attn: Shaoren Liu

E-mail: shaoren@apextech-inc.com

FAQ

What did APEX Tech Acquisition Inc. (TRAD) announce in its IPO pricing news?

APEX Tech Acquisition Inc. announced pricing of a $100 million IPO, selling 10,000,000 units at $10.00 each. Each unit includes one ordinary share and a right to receive one-fourth of an ordinary share upon completing an initial business combination.

What securities are included in each APEX Tech Acquisition Inc. (TRAD) IPO unit?

Each APEX Tech IPO unit consists of one ordinary share and one right to receive one-fourth of an ordinary share. The additional quarter-share right becomes exercisable only if the company successfully consummates an initial business combination with a target business.

On which exchange will APEX Tech Acquisition Inc. (TRAD) units, shares, and rights trade?

APEX Tech units are expected to trade on the NYSE under “TRADU” starting February 26, 2026. After separation, the ordinary shares should trade as “TRAD” and the rights as “TRADR,” each on the New York Stock Exchange.

What is the size of APEX Tech Acquisition Inc.’s (TRAD) IPO and over-allotment option?

The IPO is sized at $100 million, based on 10,000,000 units at $10.00 each. Underwriters also have a 45-day option to purchase up to 1,500,000 additional units at the IPO price to cover potential over-allotments.

Who is managing the APEX Tech Acquisition Inc. (TRAD) initial public offering?

A.G.P./Alliance Global Partners is serving as the sole book-running manager for the APEX Tech IPO. It is handling the offering and can provide electronic copies of the prospectus to interested investors upon request by mail, phone, or email.

What is the purpose of APEX Tech Acquisition Inc. (TRAD) as a blank check company?

APEX Tech Acquisition Inc. is a blank check company formed to complete a business combination. It plans to pursue a merger, share exchange, asset acquisition, share purchase, reorganization or similar transaction with one or more businesses, without limiting its search to any specific industry.

Filing Exhibits & Attachments

15 documents

Press Releases

• EX-99.1 PRESS RELEASE 5.6 KB
• EX-99.2 PRESS RELEASE 5.7 KB

Agreements & Contracts

• EX-10.1 INSIDER LETTER AGREEMENT 52.9 KB
• EX-10.2 INVESTMENT MANAGEMENT 78.5 KB
• EX-10.3 REGISTRATION RIGHTS AGREEMENT 98.7 KB
• EX-10.4 PRIVATE PLACEMENT UNIT PURCHASE AGREEMENT 56.0 KB
• EX-10.5 INDEMNITY AGREEMENTS 78.9 KB

Other Documents

• EX-1.1 UNDERWRITING AGREEMENT 323.7 KB
• EX-3.1 AMENDED AND RESTATED 334.6 KB
• EX-4.1 RIGHTS AGREEMENT 50.1 KB
• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 5.6 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 16.8 KB
• EX-101 XBRL TAXONOMY EXTENSION CALCULATION LINKBASE 901 B
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 12.2 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 6.1 KB