APXTU · NASDAQ · Shell Companies

Apex Treasury (APXTU)

Blank-check vehicle pursuing a proposed AI data-center combination.

$10.26
At close−0.02 (−0.19%)
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Apex Treasury CorporationAPXTUFinancials

Runs a blank-check acquisition vehicle funded through a restricted trust account, with no standalone operating business or revenue; its proposed combination would acquire AI-data-center developer TECfusions, subject to approval, financing, regulatory, and listing conditions.

Operates as a Cayman Islands special-purpose acquisition company with no standalone products, customers, operating segments, or operating revenue. Activity centers on a U.S. trust account, the search for a business combination, and related public-company and transaction costs. Its target mandate spans capital markets, mergers and acquisitions, digital assets, AI, software and data services, renewable energy, strategic minerals, and build-to-rent real estate.

Each listed unit combines a Class A ordinary share with a fractional redeemable warrant; the shares and warrants trade separately as APXT and APXTW. A proposed combination would acquire AI-data-center developer TECfusions and domesticate the surviving company to Delaware, but remains subject to shareholder, regulatory, financing, and Nasdaq conditions. Trust assets are limited to short-duration U.S. government obligations or qualifying government-only money-market funds.

Company facts

CEOAjmal Rahman and Hugh Cochrane
ListedOct 28, 2025
ExchangeNASDAQ
HeadquartersVero Beach, FL
CountryUnited States
Employees4
CIK0002079253
ISINKYG041041164

Market cap$1.89B
EPS (ttm)$0.3100
P/E (ttm)33.10
ROE15.7%
P/B4.87
P/S4.05
Dividend yieldDiv yield
Beta0.01vs XLF 0.02

No analyst consensus on record.

EPSReportedEstimate

FY25
Reported$0.17
Estimate
Surprise

RevenueReportedEstimate

FY25
Reported$419.5M
Estimate
Surprise
Estimate
Reported$0.17
Estimate
Reported$419.5M
View details

Debt to equity3.70%
Current ratio199.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$88.8M$285.1M$93.1M$102.0M$109.7M$114.7M$117.2M$124.5M
Net income$2.9M−$46.2M$3.6M$2.9M$13.0M$15.6M$15.3M$27.6M
Net margin3.3%0.0%3.8%2.8%11.9%13.6%13.0%22.1%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$7.7M$20.4M$3.3M$7.1M$8.1M$14.5M$12.7M$10.2M
YoY growth+6.2%−28.7%+287.2%+44.1%

Balance sheet, Jun 30, 2026Cash & short-term investments $417.3M · Total debt $16.3M · Total assets $757.0M · Shareholders' equity $436.9M

Revenue
$124.5M
Operating income
$10.2M
Net income
$27.6M
View details

No dividends on record.

Institutions264 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail≈ 67.06%141.88M shares
Insiders1 holder · as of Apr 21, 20260.07%150.0K shares
Strategic holders1 holder · as of Apr 21, 20265.23%11.07M shares
Otherremainder≈ 27.64%58.47M shares

211.57M company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (211.57M in the company's Sep 3, 2026 report, 34.47M elsewhere); stakes use the report.

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Anchor @ 65 Pte. Ltd.Institution
9.41%19.91M13Fas of Jun 30, 2026
BlackRock, Inc.Institution
6.83%14.45M13Fas of Jun 30, 2026
Apex Treasury Sponsor LLCStrategicdirector, 10 percent owner
5.23%11.07MForm 4filed Apr 21, 2026
Vanguard Portfolio Management LLCInstitution
5.09%10.76M13Fas of Jun 30, 2026
Morgan StanleyInstitution
4.05%8.57M13Fas of Jun 30, 2026
See all 25

13F — a manager's quarterly holdings · Form 4 — an insider's transaction report

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Not reported.