Apex 11 Inc.
01/26/2026 | Press release | Distributed by Public on 01/26/2026 14:31
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 June, 30,2024 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 $483 for the six months ended June, 2024. |
| ● | Opening accumulated deficit and expenses were adjusted for errors. The result was an increase to accumulated deficit and a decrease in general and administrative expenses of $1,332 for the six months ended June 30, 2024. |
| ● | The basic and diluted weighted -average common shares outstanding were increased by 6,942,189 shares. |
During the six months ended June 30, 2025, the Company restated the financial statements for the three months ended June 30, 2024 to correct the issues noted above.
The Company has misstatements in the December 31, 2024, 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 $5,550 for the year ended December 31, 2024. |
During the six months ended June 30, 2025, the Company restated the financial statements for the year ended December 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.
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