Company: APXT
Filing Date: 2025-12-05
Form Type: 10-Q
Source: 0001213900-25-118842
Chunk: 1

Company: Apex Treasury Corp
Filing Date: 2025-12-05
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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 notes are an integral part of
the unaudited condensed financial statements.

1

APEX TREASURY CORPORATION

CONDENSED STATEMENTS OF OPERATIONS

(UNAUDITED)

FOR THE
    THREE MONTHS
    ENDED
    SEPTEMBER 30,  
FOR THE
    PERIOD FROM
    JUNE 26, 2025
    (INCEPTION)
    THROUGH SEPTEMBER 30, 

2025  
2025 
 Formation, general and administrative costs  $49,424   $68,198  
 Net loss  $(49,424)  $(68,198) 

 Basic and diluted weighted average Class B ordinary shares outstanding(1)(2)   10,000,000    10,000,000  
 Basic and diluted net loss per Class B ordinary share  $(0.00)  $(0.01) 

 (1)Excludes 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.

2

APEX TREASURY CORPORATION

CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’
DEFICIT

(UNAUDITED)

FOR THE THREE MONTHS ENDED SEPTEMBER
30, 2025 AND 

FOR THE PERIOD FROM JUNE 26, 2025
(INCEPTION) THROUGH SEPTEMBER 30, 2025

Ordinary shares  
Additional Paid-In  
Accumulated  
Shareholders’ 

Shares