Apex Technology Acquisition II registered to offer 30 million units at $10 each. A unit consists of one share of Class A common stock and one-fourth of one redeemable warrant; whole warrants exercisable at $11.50.
Apex II is focused on the software and Internet technology sectors.
The new SPAc is led by Co-CEO and CFO Jeff Epstein, an operating partner with VC firm Bessemer Venture Partners. Co-CEO and Director Brad Koenig was the Co-CEO and a director of Apex Technology Acquisition, which completed a merger with AvePoint on July 1.
Goldman Sachs, Cantor, Mizuho Securities and SoFi are joint book-running managers of the offering. The underwriters have a 45-day option to purchase up to an additional 4.5 million units to cover any over-allotments.
The SPAC has applied to list on the Nasdaq under APXBU. Read more.
