APEX Tech Acquisition Inc. — Form 10-Q
Filed July 15, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 42/100
What the filing says
On March 15, 2026, APEX Tech Acquisition Inc. (a SPAC with ~$115.7M assets) engaged California Hedge Fund Inc. as a nonexclusive finder to identify and introduce merger targets. Initial terms: $250,000 retainer and $3.75M success fee upon closing. On May 15, 2026, via Amendment No. 1, the retainer was increased to $500,000 total ($250,000 additional due immediately) and the success fee was raised to $4.5M. The finder receives no percentage of deal value—fees are flat dollar amounts regardless of transaction size.
Why this rating
Fees total $5M (4.3% of company assets), moderate for a SPAC seeking targets. Standard finder engagement; no target identified yet; routine M&A process activity.
See more from July 15, 2026.
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