On July 21, 2026, Apex Treasury Corporation entered into a business combination agreement with TECfusions, Inc., valuing the company at a $4.0 billion pre-money equity valuation. The all-stock transaction involves the issuance of 400 million shares of common stock to TECfusions stockholders. Concurrently, an institutional investor agreed to a $35 million PIPE investment for 3.5 million shares at $10.00 per share. The combined company is expected to trade on Nasdaq under the ticker "TECF" and is anticipated to close in the fourth quarter of 2026, subject to shareholder approval and other customary conditions. TECfusions is an AI infrastructure company that designs, builds, and leases next-generation data centers.