APEX Tech Acquisition Inc. reported net income of $68355 for the third quarter ended May 31, 2026, and net income of $20684 for the nine months ended May 31, 2026. The special-purpose acquisition company has not commenced operations and recorded no operating revenue prior to a business combination.
Financial Highlights
- Net income: $68,355 for the three months ended May 31, 2026; $20,684 for the nine months ended May 31, 2026.
- Diluted EPS: $0.00 basic and diluted net income per share for both redeemable and non‑redeemable ordinary shares for the three and nine months ended May 31, 2026.
- Revenue: Not reported — the company has not commenced operations and reports no operating revenue prior to a business combination.
Business Highlights
- APEX is a SPAC focused on identifying and completing an initial business combination; it has no operating revenues to date.
- $115M placed in trust to fund a target acquisition and provide post-combination working capital for the target.
- Paid and amended a finder agreement (retainer $500K; success fee $4.5M) to source acquisition targets.
- Generated interest income from trust assets; management expects higher public-company compliance and due-diligence costs after a combination.
- Management reports substantial doubt about the company’s ability to continue as a going concern absent a completed business combination within the Combination Period.
Original SEC Filing:
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