Apex Technology Acquisition Co.’s (OTCMKTS:APXTU) Quiet Period To Expire on December 8th

Apex Technology Acquisition’s (OTCMKTS:APXTU) quiet period is set to end on Monday, December 8th. Apex Technology Acquisition had issued 30,000,000 shares in its initial public offering on October 28th. The total size of the offering was $300,000,000 based on an initial share price of $10.00. During Apex Technology Acquisition’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Apex Technology Acquisition Price Performance

Shares of APXTU opened at $10.08 on Monday. Apex Technology Acquisition has a one year low of $10.05 and a one year high of $10.21. The business’s 50 day simple moving average is $11.92 and its 200-day simple moving average is $13.02.

About Apex Technology Acquisition

As of July 1, 2021, Apex Technology Acquisition Corporation was acquired by AvePoint, Inc, in a reverse merger transaction. Apex Technology Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the software and internet technology industries.