Apex Technology has filed a notice of an exempt offering of securities to raise $156,849,785.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Apex Technology is raising up to $156,849,785.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Apex Technology
Ian Cinnamon, CEO, and Max Benassi, CTO, came together in 2022 to solve one of the space industrys biggest challenges: the satellite production bottleneck. While the challenge of reaching orbit has largely been solved through reusable launch vehicles and more frequent launches, one critical bottleneck continues to hinder the U.S. and its allies in their efforts to deploy critical proliferated systems: scaled satellite manufacturing. Apex was founded to ensure the U.S. and its allies maintain a strategic advantage in the New Space Race by productizing and mass-manufacturing spacecraft. These platforms will provide the foundation for today’s critical constellations and tomorrows next-generation proliferated architectures. Today, Apex is delivering standardized satellite buses at scale by blending traditional aerospace techniques with new space mentalities and lessons from high-rate terrestrial manufacturing. Since our founding, our focus remains the same: short lead times, constellation-scale production, and highly reliable spacecraft. Our three product lines Aries, Nova, and Comet serve a broad range of customer missions through configurable designs optimized for operations from LEO to GEO. These platforms will ensure the U.S. and its allies maintain a strategic advantage in the New Space Race, providing the foundation for todays most critical constellations and tomorrows next-generation architectures.
To learn more, visit https://www.apexspace.com/
LinkedIn: https://www.linkedin.com/company/apexsatellites/
Contact:
Ian Cinnamon, Chief Executive Officer
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