Company: APXT
Filing Date: 2025-10-07
Form Type: S-1/A
Source: 0001213900-25-097069
Chunk: 197

Company: Apex Treasury Corp
Filing Date: 2025-10-07
Form: S-1/A
Chunk 197
---
0.24, respectively. A member of our advisory committee has also served as an executive officer of Black Spade Acquisition Corporation II (“Black Spade II”), a former blank check company that raised $150 million in its initial public offering in August 2024. In June 2025, Black Spade II successfully consummated a business transaction with World Media and Entertainment Universal Inc. (“World Media”), a global media and hospitality company. The closing price of World Media’s shares of common stock and warrants on October 6, 2025 was $2.15 and $0.072, respectively. Our directors and officers, or their respective affiliates, may in the future become affiliated with other SPACs that may have acquisition objectives that are similar to ours. See “ Risk Factors — Risks Relating to our Management Team — Our officers and directors presently have, and any of them in the future may have additional, fiduciary or contractual obligations to other entities, including other blank check companies, and, accordingly, may have conflicts of interest in allocating their time and in determining to which entity a particular business opportunity should be presented.” Our Sponsor Our sponsor is a Delaware limited liability company, which was formed to invest in us. Although our sponsor is permitted to undertake any activities permitted under the Delaware Limited Liability Company Act and other applicable law, our sponsor’s business is focused on investing in our company. The managers of our sponsor are Hugh Cochrane, our Co -ChiefExecutive Officer, and Ajmal Rahman, our Chairman and Co -ChiefExecutive Officer. Messrs. Rahman and Cochrane control our sponsor, including the exercise of voting and investment discretion over the securities of our company held by our sponsor. Messrs. Rahman and Cochrane own membership interests in our sponsor representing the economic rights attributable to 2,399,498 and 2,999,372 founder shares held by our sponsor, respectively, and 983,339 private placement warrants each, to be purchased by our sponsor. As of the date hereof, other than Messrs. Rahman and Cochrane, no other person has a direct or indirect material interest in our sponsor. Other than our directors, officers and advisors, none of the other members of our sponsor will participate in our company’s activities. Certain accredited investors (which may include certain of our directors, non -managementofficers and advisors) (the “non -managingsponsor investors”) have expressed an interest to purchase, indirectly through the purchase of non -managingsponsor membership