{"url":"https://newsforagent.com/news/2026-10-23/apex-critical-metals-nasdaq-offering","markdown_url":"https://newsforagent.com/news/2026-10-23/apex-critical-metals-nasdaq-offering.md","title":"Apex Critical Metals prices $1.86 million Nasdaq offering","headline":"Apex Critical Metals prices $1.86 million Nasdaq offering and lists ADSs under APXC","description":"Apex Critical Metals priced a $1.86 million Nasdaq offering of 400,000 ADSs at $4.65 each, with Maxim Group as sole book-running manager.","section":"IPOs & Listings","published_at":"2026-10-23T00:44:22+00:00","modified_at":"2026-10-23T00:44:22+00:00","author":"News Desk","key_takeaways":["Apex Critical Metals priced an underwritten offering of 400,000 ADSs at $4.65 per ADS, expecting gross proceeds of $1.86 million.","Maxim Group LLC is acting as sole book-running manager, with a 45-day option for up to 60,000 additional ADSs.","Net proceeds are intended for working capital and to advance the drill program at the Rift Rare Earth Project in Nebraska."],"companies":[{"name":"Apex Critical Metals","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0000tre/apex-critical-metals","website":"https://apexcriticalmetals.com"},{"name":"Maxim Group","is_primary":false,"profile_url":"https://akta.pro/company-profiles/0002tyd/maxim-group","website":"http://www.maximgrp.com"}],"source":{"publisher":"Stock Titan","title":"Apex Critical Metals prices $1.86M Nasdaq offering","url":"https://www.stocktitan.net/news/APXCF/apex-announces-nasdaq-listing-and-pricing-of-us-1-86-million-adydahxhi2wl.html"},"other_sources":[],"tags":["IPOs & Listings","Apex Critical Metals","Maxim Group"],"body_markdown":"[Apex Critical Metals](https://akta.pro/company-profiles/0000tre/apex-critical-metals) Corp. priced an underwritten public offering of 400,000 American Depositary Shares at $4.65 per ADS, expecting gross proceeds of $1.86 million, and was approved to list its ADSs on the Nasdaq Capital Market under the symbol APXC. [Stock Titan](https://www.stocktitan.net/news/APXCF/apex-announces-nasdaq-listing-and-pricing-of-us-1-86-million-adydahxhi2wl.html) reported the pricing and listing approval on October 23, 2026.\n\n## Apex's Nasdaq Listing and Offering Terms\n\nTrading in the ADSs is expected to begin on October 23, 2026, and the offering is expected to close the same day, subject to customary closing conditions. Each ADS offered represents 6 common shares of Apex. The gross proceeds are stated before deducting underwriting discounts, commissions and offering expenses.\n\nApex granted the underwriter a 45-day option to purchase up to an additional 60,000 ADSs at the public offering price, less underwriting discounts and commissions. [Maxim Group](https://akta.pro/company-profiles/0002tyd/maxim-group) LLC is acting as sole book-running manager for the offering. The offering is being made under an effective shelf registration statement on Form F-10 that became effective on August 13, 2026, and no securities will be offered or sold to Canadian purchasers under the offering.\n\nMaxim Group has also been active in research coverage and investor events in October 2026, including initiating coverage on Kyntra Bio with a buy rating and a $35 target, according to Markets Daily, and hosting the 2026 Maxim Group Growth Summit on October 14, 2026, which Castellum said its management team would attend, according to Stock Titan.\n\n## Apex's Funding and Rift Program Records\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Apex has four funding rounds on record, including a $10.9 million post-IPO equity round in May 2026 and a $10 million post-IPO equity round in October 2025. The same records list a $1.1 million post-IPO equity round in February 2025 and a $545,707 post-IPO equity round in October 2023, with total funding of $22.5 million.\n\n| Funding round | Amount |\n| --- | --- |\n| 2026-05 post ipo equity | $10.9 million |\n| 2025-10 post ipo equity | $10 million |\n| 2025-02 post ipo equity | $1.1 million |\n| 2023-10 post ipo equity | $545,707 |\n\n## Apex's Rift Mineralogy and Drilling Milestones\n\nApex confirmed monazite and bastnaesite as the dominant rare earth-bearing minerals at its Rift Rare Earth Project in Nebraska, a finding that validates historical data and reduces technical risk for future processing, FinancialContent Business Page reported in August 2026. Bitget reported the same month that the company confirmed favourable monazite and bastnaesite mineralogy at the project.\n\nApex filed its final short form base shelf prospectus with Canadian securities commissions and a corresponding registration statement with the U.S. Securities and Exchange Commission, Yahoo reported in August 2026. MINING.COM reported in August 2026 that Apex had reported expanded high-grade rare earth mineralization at the Rift project in southeastern Nebraska, with significant drill intercepts of over 4% total rare earth oxides.\n\n## Apex's Expected Offering Close\n\nThe offering is expected to close on October 23, 2026, subject to satisfaction of customary closing conditions, and trading in the ADSs is expected to begin on October 23, 2026.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}