Apex Treasury, a blank check company targeting blockchain, crypto treasury, and other industries, filed on Monday with the SEC to raise up to $250 million in an initial public offering.
The company plans to raise $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.
Apex Treasury is led by Co-CEO and Chairman Ajmal Rahman, the former CEO of UK-based biotech Antev, and Co-CEO and Director Hugh Cochrane, the co-founder of Cryptogon EOS LP, a venture fund focused on projects that will utilize the EOS blockchain protocol. The SPAC plans to target the blockchain & digital assets, crypto treasury strategies, AI, B2B software, data services, renewable energy, and build-to-rent real estate assets sectors.
The Vero Beach, FL-based company was founded in 2025 and plans to list on the Nasdaq under the symbol APXTU. Cohen & Company Securities is the sole bookrunner on the deal.
