Press Release – New York, NY – August 3, 2026 – Sichenzia Ross Ference Carmel LLP announced that it is representing Revere Securities LLC as financial advisor for the recently announced business combination of TECfusions, Inc., an AI infrastructure company focused on designing, building, and leasing next-generation data centers, and Apex Treasury Corp. (Nasdaq: APXT), a publicly traded special purpose acquisition company (SPAC).
The proposed business combination, which is subject to customary closing conditions, is expected to result in TECfusions becoming a publicly traded company on Nasdaq under the proposed ticker symbol “TECF”.
The transaction implies a pro forma enterprise value of approximately $4.2 billion, which assumes no redemptions by existing Apex Treasury public shareholders and $35 million in gross committed PIPE proceeds.
The SRFC team was led by partner Ross Carmel.