Company: APXT
Filing Date: 2025-08-11
Form Type: S-1
Source: 0001213900-25-074316
Chunk: 192

Company: Apex Treasury Corp
Filing Date: 2025-08-11
Form: S-1
Chunk 192
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 August 2024. In June 2025, Black Spade II successfully consummated a business transaction with World Media and Entertainment Universal Inc. (“World Media”), a global media and hospitality company. The closing price of World Media’s shares of common stock and warrants on August8, 2025 was $3.72 and $0.30, respectively. Our directors and officers, or their respective affiliates, may in the future become affiliated with other SPACs that may have acquisition objectives that are similar to ours. See “ Risk Factors — Risks Relating to our Management Team — Our officers and directors presently have, and any of them in the future may have additional, fiduciary or contractual obligations to other entities, including other blank check companies, and, accordingly, may have conflicts of interest in allocating their time and in determining to which entity a particular business opportunity should be presented.” Our Sponsor Our sponsor is a Delaware limited liability company, which was formed to invest in us. Although our sponsor is permitted to undertake any activities permitted under the Delaware Limited Liability Company Act and other applicable law, our sponsor’s business is focused on investing in our company. The managers of our sponsor are Hugh Cochrane, our Co -ChiefExecutive Officer, and Ajmal Rahman, our Chairman and Co -ChiefExecutive Officer. Messrs. Rahman and Cochrane control our sponsor, including the exercise of voting and investment discretion over the securities of our company held by our sponsor. Messrs. Rahman and Cochrane own membership interests in our sponsor representing the economic rights attributable to [•] founder shares and [•] private placement warrants held by our sponsor. As of the date hereof, other than Messrs. Rahman and Cochrane, no other person has a direct or indirect material interest in our sponsor. Other than our directors, officers and advisors, none of the other members of our sponsor will participate in our company’s activities. Certain accredited investors (which may include certain of our directors, non -managementofficers and advisors) (the “non -managingsponsor investors”) have expressed an interest to purchase, indirectly through the purchase of non -managingsponsor membership interests, an aggregate of [•] of the 7,750,000 total private placement warrants to be purchased and [•] of the 9,243,333 total founder shares held by our sponsor, assuming that the underwriters’ over -allotmentoption is exercised in full. The interests of the members of our sponsor are denominated