Apex Technology (NASDAQ:APXT) is a SPAC that’s merging with AvePoint, a company that provides various technology services, including data management. AvePoint appears to be a fine company that’s growing fairly quickly. Moreover, AvePoint is in a favorable sector, and it certainly has some positive attributes. Still, I can’t enthusiastically recommend buying APXT stock at this…

Apex Technology Acquisition (NASDAQ:APXT) is suffering due to the wider SPAC sell-off. APXT stock is down almost 20% in the last three months, with shares trading only marginally above the $10 SPAC offering price. Source: Dmitry Demidovich/ShutterStock.com For me, the price movement is not surprising. Special purpose acquisition companies, or SPACs, were the hottest investment concept…

Apex Technology Acquisition Corp (NASDAQ:APXT), a SPAC (special purpose acquisition company) still hasn’t closed its merger with AvePoint. I wrote about this on March 24 and developed a model to value AvePoint. My price target for APXT stock was $15.34 (the new symbol will be AVPT). I still have this target price and in fact, have…

Last year a landmark year for special purpose acquisition companies (SPACs). More companies went public via the SPAC route than any time from 2009 to 2019. As a result, the market for SPACs had become frothy and needed correction, which has been the case so far this year. However, Apex Technology (NASDAQ:APXT) stock was fairly…