Apex International Financial Engineering Res. & Tech. Co., Ltd announced a private placement to issue 10,000,000 shares on March 14, 2024.

The transaction included participation from Hsu, Rong-Tang, Hsu, Chia-Chun, Fuding Shun Inv. Co and Chishi Inv. Co.

The transaction was approved by board of directors. The transfer of privately placed securities is subject to strict restrictions regarding timing, parties, and quantity, and that there will be no efforts to list these shares on an exchange within three years, resulting in lower liquidity