Company: APXT
Filing Date: 2025-10-07
Form Type: S-1/A
Source: 0001213900-25-097069
Chunk: 46

Company: Apex Treasury Corp
Filing Date: 2025-10-07
Form: S-1/A
Chunk 46
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 with each whole warrant exercisable for one Class A ordinary share, as compared to units issued by some other similar special purpose acquisition companies which contain whole warrants exercisable for one share, in order to reduce the dilutive effect of the warrants upon completion of a business combination as compared to units that each contain a whole warrant to purchase one share, thus making us, we believe, a more attractive business combination partner for target businesses. |

____________ 1Assumes no exercise of the underwriters’ over -allotmentoption. 2Includes up to 1,250,000 founder shares that will be surrendered to us for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. 3Comprised of 25,000,000 Class A ordinary shares included in the units to be sold in this offering and 8,333,333 Class B ordinary shares, or founder shares. The founder shares are currently classified as Class B ordinary shares, which shares will automatically convert into Class A ordinary shares immediately prior to, concurrently with or immediately following the consummation of our initial business combination, or at any time prior thereto at the option of the holder thereof, on a one -for-onebasis, subject to adjustment as described below adjacent to the caption “— Founder shares conversion and anti -dilutionrights.” 4Assumes surrender of 1,250,000 founder shares. Up to 1,250,000 founder shares will be surrendered to us for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. 5Comprised of 12,500,000 public warrants included in the units to be sold in this offering and 7,000,000 private placement warrants. Assumes no exercise of the underwriters’ over -allotmentoption.

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| Exercise price:  |     | $11.50 per share, subject to adjustments as described herein.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|                  |     | In addition, if (x) we issue additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of our initial business combination at an issue price or effective issue price of less than $9.20 per Class A ordinary share (with such issue price or effective issue price to be determined in good faith by our board of directors and, in the case of any such issuance to our initial shareholders or their affiliates, without taking