Apex Technology Acquisition Corp. (APXTU) Prices Up-Sized $305M SPAC IPO

IPO

Apex Technology Acquisition Corp. (APXTU) Prices Up-Sized $305M SPAC IPO

Sep 16, 2019 INTEL by Kristi Marvin

Apex Technology Acquisition Corp. (APXTU), announced the pricing of their up-sized $305 million SPAC IPO this evening. Apex Tech’s units are expected to begin trading tomorrow, Tuesday, September 17th, under the symbol NASDAQ: APXTU.

Apex Technology will be focusing on the software/technology sector and will be led by Jeff Epstein and Brad Koenig, as co-Chief Executive Officers.

Total SPAC deal count for 2019 year-to-date is now 42 with $10.12 billion in gross proceeds raised. The offering is anticipated to close on Thursday, September 19, 2019.

Congratulations to all.

Cantor Fitzgerald & Co. acted as sole book-running manager for the offering. Ellenoff Grossman & Schole LLP and Graubard Miller were Issuer’s Counsel and Underwriter’s Counsel, respectively.

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