Apex 11 Inc.
01/26/2026 | Press release | Distributed by Public on 01/26/2026 13:53
Amendment to Quarterly Report (Form 10-Q/A)
In this Quarterly Report on Form 10-Q, Apex 11 Inc. is sometimes referred to as the "Company", "we", "our", "us" or "registrant" and U.S. Securities and Exchange Commission is sometimes referred to as the "SEC".
This Amendment No. 1 on Form 10-Q/A amends the Apex 11 Inc. Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, as filed with the Securities and Exchange Commission ("SEC") on May 13, 2024 (the "Filing"). We are filing this Amendment No. 1 to include the following misstatements.
The Company has misstatements in the December 31, 2023 financial statements that were restated due to the following:
| ● | Certain expenses were not accrued in the proper period. The result was an increase to general and administrative expenses and accrued expenses of $1,750 for the year ended December 31, 2023. |
| ● | Prepaid expense balances were adjusted for errors. The result was an increase to prepaid expenses and a decrease to general and administrative expenses of $418 for the year ended December 31, 2023. |
The Company restated the financial statements for the year ended December 31, 2023, to correct the issues noted above.
The Company has misstatements in the March 31, 2024, financial statements that were restated due to the following:
| ● | Prepaid expense balances were adjusted for errors. The result was an increase to prepaid expenses and a decrease to general and administrative expenses of $516 for the three months ended March 31, 2024. |
| ● | The basic and diluted weighted-average common shares outstanding were increased by 6,942,189 shares. |
The Company restated the financial statements for the three months ended March 31, 2024, to correct the issues noted above.
As required by Rule 12b-15 under the Securities Exchange Act of 1934, new certifications of our principal executive officer and principal financial officer are being filed as exhibits to this Amendment No. 2 on Form 10-K/A.
Except as described above, no other changes have been made to the Amended Filing No. 1. Subsequent Filings will be filed to reflect the changes that occurred after the filing of this Amended Filing.
Apex 11 Inc. published this content on January 26, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on January 26, 2026 at 19:54 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]