Company: APXT
Filing Date: 2025-08-11
Form Type: S-1
Source: 0001213900-25-074316
Chunk: 177

Company: Apex Treasury Corp
Filing Date: 2025-08-11
Form: S-1
Chunk 177
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. The number of founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 28,750,000 units if the underwriters’ over -allotmentoption is exercised in full, and therefore that such founder shares would represent 25% of the outstanding shares after this offering. Up to 1,250,000 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentis exercised. If we increase or decrease the size of the offering, we will effect a share capitalization or a share repurchase or redemption or other appropriate mechanism, as applicable, with respect to our Class B ordinary shares immediately prior to the consummation of this offering in such amount as to maintain the number of founder shares, on an as -convertedbasis, at 25% of our issued and outstanding ordinary shares upon the consummation of this offering. Our sponsor and the underwriters have committed to purchase an aggregate of 7,000,000 private placement warrants (or 7,750,000 private placement warrants if the underwriters’ overallotment option is exercised in full), each exercisable to purchase one Class A ordinary share at $11.50 per share, at a price of $1.00 per warrant, or $7,000,000 in the aggregate (or $7,750,000 if the underwriters’ overallotment option is exercised in full), in a private placement that will close simultaneously with the closing of this offering. Of those 7,000,000 private placement warrants (or 7,750,000 private placement warrants if the underwriters’ overallotment option is exercised in full), our sponsor has agreed to purchase 4,500,000 private placement warrants (or 4,875,000 private placement warrants if the underwriters’ overallotment option is exercised in full) and the underwriters have agreed to purchase 2,500,000 private placement warrants (or 2,875,000 private placement warrants if the underwriters’ overallotment option is exercised in full). If we do not complete an initial business combination within the completion window, the private placement warrants will be worthless. The private placement warrants will be identical to the warrants sold in this offering except that the private placement warrants (i) will not be redeemable by us, (ii) may not (including the Class A ordinary shares issuable upon exercise of these warrants), subject to certain limited exceptions