Company: APXT
Filing Date: 2025-12-05
Form Type: 10-Q
Source: 0001213900-25-118842
Chunk: 2

Company: Apex Treasury Corp
Filing Date: 2025-12-05
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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Amount  
Capital  
Deficit  
Deficit 
 Balance as of June 26, 2025 - inception   —   $—   $—   $—   $—  
 Issuance of Class B ordinary shares to Sponsor(1)(2)   11,500,000    1,150    23,850    —    25,000  
 Net loss   —    —    —    (18,774)   (18,774) 
 Balance as of June 30, 2025   11,500,000    1,150    23,850    (18,774)   6,226  
 Net loss   —    —    —    (49,424)   (49,424) 
 Balance as of September 30, 2025 (unaudited)   11,500,000   $1,150   $23,850   $(68,198)  $(43,198) 

 (1)Includes an aggregate of up to 1,500,000 founder shares subject to forfeiture if the over-allotment option is exercised in full or in part by the underwriters. On October 27, 2025, the Company effected a share capitalization of 1,916,667 founder shares, resulting in the initial shareholders holding an aggregate of 11,500,000 founder shares. All share and per share amounts have been retroactively restated (Note 6). 

 (2)On October 28, 2025, the underwriters partially exercised their over-allotment option and forfeited the unexercised balance. As a result of the partial exercise and the forfeiture of the over-allotment option by the underwriters, 1,490,000 founder shares are no longer subject to forfeiture and  10,000 founder shares were forfeited, resulting in the initial shareholders holding an aggregate of 11,490,000 founder shares (Note 6). 

The accompanying notes are an integral part of
the unaudited condensed financial statements.

3

APEX TREASURY CORPORATION

CONDENSED STATEMENT OF CASH FLOWS

FOR THE PERIOD FROM JUNE 26, 2025 (INCEPTION)
THROUGH SEPTEMBER