Apex Technology Acquisition (OTCMKTS:APXTU) Shares Down 0.1% – Here’s Why

Shares of Apex Technology Acquisition Co. (OTCMKTS:APXTUGet Free Report) fell 0.1% on Tuesday . The stock traded as low as $10.02 and last traded at $10.02. 200 shares changed hands during trading, a decline of 54% from the average session volume of 433 shares. The stock had previously closed at $10.03.

Apex Technology Acquisition Stock Down 0.1%

The firm has a fifty day moving average of $10.06 and a two-hundred day moving average of $12.21.

Apex Technology Acquisition Company Profile

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Apex Technology Acquisition (OTCMKTS: APXTU) is a blank check company organized as a special purpose acquisition company (SPAC). Incorporated in Delaware in 2021, the company’s primary objective is to identify, acquire and combine with one or more businesses in the technology sector. Through its public listing of units—each consisting of one share of common stock and a fraction of a warrant—Apex Technology Acquisition provides a platform for private companies to access public capital markets.

The SPAC is sponsored by a management team with experience in technology investment, corporate finance and strategic advisory.

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