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AI brief of an SEC Form 8-K · APEX Tech Acquisition Inc. (TRAD)

APEX Tech Acquisition agrees to merge with Korai Flix in $3.5 billion deal

Neutral Impact 5 of 5 m&a Written later

APEX Tech Acquisition Inc. (NYSE: TRAD), a blank check company, entered into a merger agreement on October 20, 2026, with Korai Flix Inc., an interactive online entertainment platform. The merger consideration is $3.5 billion, paid in new shares valued at $10.00 each, and APEX would be renamed Krflix Group, Inc. The deal requires approval by APEX and Korai shareholders and regulatory clearance, with closing expected in the first quarter of 2027.

Key points

  • Merger consideration of $3,500,000,000, paid solely in New Korai common stock valued at $10.00 per share
  • Expected closing in the first quarter of 2027, subject to shareholder approvals, regulatory approval and other closing conditions
  • Korai had approximately 26.0 million registered users from 15 countries or regions in Asia as of June 30, 2026
  • APEX has until 5:00 p.m. on December 19, 2026, to complete additional due diligence on Korai

The filing

CompanyAPEX Tech Acquisition Inc. (TRAD)
Form8-K, current report
Filed with the SECOct 21, 2026, 6:45 AM ET
Accession number0001493152-26-047836

Items reported: 1.01 Material Definitive Agreement7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 21, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.