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Apex Tech Acquisition raises an additional $3.03 million through over‑allotment option

Apex Tech Acquisition announced the exercise of the over‑allotment option, under which syndicate banks purchased 302,869 units at $10.00 each on April 10, generating gross proceeds of $3,028,690; the transaction closed on April 15. In addition, the company completed a private placement of 3,029 units to Apex Innovation Acquisition Corp. for $30,285. Previously, at its IPO in late February, Apex Tech Acquisition placed 11,197,131 units at $10.00 each; the units, common shares and rights are listed on the NYSE under the tickers TRADU, TRAD and TRADR. » Plus sur de.investing.com
Apex Tech Acquisition closes IPO and private placement raising $111.9 million

Apex Tech Acquisition completed an offering of 11,197,131 units at $10.00 each and a concurrent private placement with the sponsor, generating gross proceeds of $111,971,310 and $2,089,710, respectively. Each unit consists of one common share and a warrant to purchase one quarter of a common share upon completion of a business combination. A total of $111,971,310 of the net proceeds was deposited into a trust account for public shareholders. The company is formed as a blank-check company in the Cayman Islands and is listed on the NYSE under TRADU/TRAD/TRADR. » Plus sur de.investing.com