Wolverine Asset Management LLC Makes New Investment in Apex Technology Acquisition Co. $APXT

Wolverine Asset Management LLC acquired a new position in shares of Apex Technology Acquisition Co. (NASDAQ:APXT) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,137,073 shares of the company’s stock, valued at approximately $11,246,000.

Separately, Gritstone Asset Management LLC bought a new position in shares of Apex Technology Acquisition in the 4th quarter worth about $494,000. Institutional investors and hedge funds own 6.01% of the company’s stock.

Apex Technology Acquisition Stock Performance

Apex Technology Acquisition stock opened at $9.98 on Monday. The firm’s 50-day moving average is $9.97 and its 200-day moving average is $10.62. Apex Technology Acquisition Co. has a 1 year low of $9.87 and a 1 year high of $10.01.

Apex Technology Acquisition Profile

Apex Technology Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the software and internet technology industries. The company was incorporated in 2019 and is based in Burlingame, California. Apex Technology Acquisition Corporation is a subsidiary of Apex Technology Sponsor LLC.