| Market Capitalization (Millions $) |
6 |
| Shares
Outstanding (Millions) |
1 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
-197 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
APX Acquisition Corp I is a special purpose acquisition company (SPAC) formed for the purpose of merging or acquiring other businesses. It was incorporated in Delaware in January 2021 and went public through an initial public offering (IPO) in April 2021. The company is sponsored by Apex Technology Acquisition Corp, a subsidiary of Future FinTech Group Inc.
APX Acquisition Corp I aims to identify and acquire a target company in the Asia-Pacific region, specifically focusing on technology, media, telecommunications, and financial services sectors. The company aims to leverage its management team's extensive industry experience and network to identify attractive investment opportunities.
As a SPAC, APX Acquisition Corp I raises capital through its IPO and holds the funds in a trust account until a suitable merger or acquisition target is identified. Once a target is chosen, shareholders have the option to either vote in favor of the proposed transaction or redeem their shares for a pro-rata portion of the trust account.
The ultimate goal of APX Acquisition Corp I is to successfully merge or acquire a target company, providing value and potential growth opportunities for its shareholders.
Company Address: 714 Westview Avenue Nashville 37205
Company Phone Number: 465-5882 Stock Exchange / Ticker: NASDAQ APXI
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