SPAC APEX Tech Acquisition files for a $60 million IPO, led by Chinese executives targeting US companies
January 27, 2026 News
SPAC APEX Tech Acquisition increases proposed IPO deal size to $100 million
APEX Tech Acquisition, a blank check company formed by Chinese manufacturing executives targeting US businesses, raised the proposed deal size for its upcoming IPO on Tuesday.
IPO Overview
APEX Tech Acquisition, a blank check company formed by Chinese manufacturing executives targeting US businesses, filed on Thursday with the SEC to raise up to $60 million in an initial public offering.
The company plans to raise $60 million by offering 6 million units at $10. Each unit consists of one share of common stock and one right to receive one-sixth of one share upon the completion of an initial business combination.
APEX Tech Acquisition is led by CEO, CFO, and Chairman Shaoren Liu, the former Chairman of Wafangdian Golden Orient Bearing Manufacturing. The SPAC plans to target businesses with principal operations in the US, near-term potential to generate strong cash flow, disruptive or leading competitive technology, and talented management teams, among other characteristics.
The Houston, TX-based company was founded in 2025 and plans to list on the Nasdaq under the symbol TRADU. A.G.P. is the sole bookrunner on the deal.
About the Company
We are a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to as a “target business.” As a blank check company incorporated for the purpose of effecting a business combination, we intend to consummate a business combination solely with US-based target companies. We have significant ties to China. Mr. Shaoren Liu, our Chief Executive Officer, who is also the sole member and sole director of our sponsor, is a Chinese citizen and currently located in China. If we consummate a business combination with a PRC target company, we are subject to legal and operated risks associated with being based in China. Consistent with our business strategy, we have identified the following general criteria and guidelines that we believe are important in evaluating candidates for our initial business combination. While we intend to use these criteria and guidelines in evaluating prospective businesses, we may deviate from these criteria and guidelines should we consider it appropriate to do so: Established businesses with long-term financial visibility; Defensible market position; Growth opportunities through capital investment; Benefit from being a public company; Benefit uniquely from our capabilities; Attractive risk-adjusted returns.