Apex Treasury Corporation Class A
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $464.4M
- Price
- $10.11
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.10%
- Volume
- 96.0K
About
Apex Technology Acquisition Corp. functions as a Special Purpose Acquisition Company (SPAC). Its sole mission is to complete a significant business combination, which could involve a merger, an exchange of capital stock, an asset or stock acquisition, a corporate restructuring, or a similar transaction with one or more existing businesses. Currently, the company has not commenced any operational activities and has yet to generate any revenue.
Quick stats
Shares outstanding46.0M
Computed float34.5M
Float / shares75.0%
Key info
SectorFinancial Services
IndustryShell Companies
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002079253
AI Summary
AI-generated1/2
criticalbullishm and a
TECfusions, a Rapidly Growing Developer and Operator of AI-Ready Data Centers and Power Infrastructure, Signs Business Combination Agreement with Apex Treasury Corp.
Apex Treasury Corp. (APXT) entered into a definitive agreement to merge with TECfusions, an AI-ready data center developer, in a transaction valuing TECfusions at a $4.0 billion pre-money equity valuation.
The deal includes a $35 million PIPE investment priced at $10.00 per share and is expected to close in the fourth quarter of 2026, subject to shareholder approval, with TECfusions planning to list under the ticker symbol “TECF”.
TECfusions currently operates 55 MW of live capacity across sites in Virginia, Arizona, and Pennsylvania, leveraging an adaptive reuse strategy to target a multi-gigawatt development pipeline for AI infrastructure.
Red flags
- Transaction subject to shareholder approval and potential redemptions
- Target company has historical net losses and limited operating history