Apex Technology Acquisition (OTCMKTS:APXTU) Trading 0.3% Higher – Here’s Why

Apex Technology Acquisition Co. (OTCMKTS:APXTU) shares were up 0.3% during mid-day trading on Wednesday . The stock traded as high as $10.18 and last traded at $10.14. Approximately 3,358 shares traded hands during trading, a decline of 60% from the average daily volume of 8,376 shares. The stock had previously closed at $10.11.

Apex Technology Acquisition Stock Up 0.3%

The business’s fifty day moving average is $10.09 and its two-hundred day moving average is $11.47.

Apex Technology Acquisition Company Profile

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.