Company: APXT
Filing Date: 2025-10-07
Form Type: S-1/A
Source: 0001213900-25-097069
Chunk: 11

Company: Apex Treasury Corp
Filing Date: 2025-10-07
Form: S-1/A
Chunk 11
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 the anti -dilution provisions contained therein. Any such issuances would dilute the interest of our shareholders and likely present other risks” and “— Unlike some other similarly structured special purpose acquisition companies, our initial shareholders will receive additional Class A ordinary shares if we issue certain shares to consummate an initial business combination in order to provide anti -dilution protection to our initial shareholders.” The following table illustrates the difference between the public offering price per unit and our net tangible book value per share, as adjusted to reflect various potential redemption levels that may occur in connection with the closing of our initial business combination, which we refer to as Adjusted NTBVPS, on a pro forma basis to give effect to this offering and the issuance of the private placement warrants, assuming no exercise of the over -allotmentoption and exercise of the over -allotmentoption in full. Adjusted NTBVPS excludes the effect of the consummation of our initial business combination or any related transactions or expenses. See the section titled “ Dilution ” for more information.

| As of June 30, 2025 |                                                 |     |                        |      |     |            |      |     |                          |      |     |            |      |     |                          |      |     |            |      |     |                          |      |     |            |      |
|:--------------------|------------------------------------------------:|:----|:-----------------------|-----:|:----|:-----------|-----:|:----|:-------------------------|-----:|:----|:-----------|-----:|:----|:-------------------------|-----:|:----|:-----------|-----:|:----|:-------------------------|-----:|:----|:-----------|-----:|
| Offering            
 Price of            
 $10.00              |                                                 |     | 25% of Maximum         
 Redemption (assumes    
 6,250,000 or 7,187,500 
 public shares          
 redeemed)              |      |     |            |      |     | 50% of Maximum           
 Redemption (assumes      
 12,500,000 or 14,375,000 
 public shares            
 redeemed)                |      |     |            |      |     | 75% of Maximum           
 Redemption (assumes      
 18,750,000 or 21,562,500 
 public shares            
 redeemed)                |      |     |            |      |     | Maximum                  
 Redemption (assumes      
 25,000,