{"url_path":"/sec/cik-0001578329/10-k/2026/item-1","section_key":"item-1","section_title":"Item 1 Business.**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-07-13","source_url":"https://www.sec.gov/Archives/edgar/data/1578329/0001578329-26-000004-index.html","accession_number":"0001578329-26-000004","cik":"0001578329","ticker":null,"issuer_name":"APEX 11 INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1578329/0001578329-26-000004-index.html","primary_entity_key":"0001578329","primary_entity_name":"APEX 11 INC."},"word_count":991,"has_tables":true,"body_markdown":"**Item 1. Business.**\n \n**Our Company**\n \nApex 11 Inc. incorporated in the State of Delaware on May 20, 2013, to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The Company has been in the developmental stage since inception and has no operations to date. Other than issuing shares to its original shareholder, the Company never commenced any operational activities.\n \nOur principal executive offices are located at 8217 East Spanish Boot Road, Carefree, Arizona 85377. Our telephone number is (480) 619-1575. Our fiscal year end is December 31.\n \n**Principal Business**\n \nApex 11 Inc. intends to seek to acquire assets or shares of an entity actively engaged in business which generates revenues, in exchange for its securities. The Company will not restrict its search to any specific business, industry, or geographical location and the Company may participate in a business venture of virtually any kind or nature. The Company may seek a business opportunity with entities which have recently commenced operations, or which wish to utilize the public marketplace in order to raise additional capital in order to expand into new products or markets, to develop a new product or service, or for other corporate purposes. The Company may acquire assets and establish wholly-owned subsidiaries in various businesses or acquire existing businesses as subsidiaries.\n \nOne of the methods the Company will use to find potential merger or acquisition candidates will be to run classified ads in the Wall Street Journal and similar publications periodically seeking companies which are looking to merge with a public shell. Other methods included personal contacts and contacts gained through social networking. There is no evidence showing that these methods of identifying a suitable merger opportunity will be successful.\n \nThe Company anticipates that the selection of a business opportunity in which to participate will be complex and extremely risky. Due to general economic conditions, rapid technological advances being made in some industries and shortages of available capital, our officer and director, Mr. Anthony Iarocci, and our director, Mr. Michael J. Schnaus, believe that there are numerous firms seeking the perceived benefits of a publicly registered corporation. Such perceived benefits may include facilitating or improving the terms on which additional equity financing may be sought, providing liquidity for incentive stock options or similar benefits to key employees, providing liquidity (subject to restrictions of applicable statutes) for all shareholders and other factors. Business opportunities may be available in many different industries and at various stages of development, all of which will make the task of comparative investigation and analysis of such business opportunities extremely difficult and complex.\n \nThe analysis of new business opportunities will be undertaken by, or under the supervision of, the officer and our directors of the Company and they are not a professional business analysts. Our officer and directors, Mr. Iarocci and Mr. Schnaus, intend to concentrate on identifying preliminary prospective business opportunities which may be brought to their attention through present associations of the Company’s office and directors. In analyzing prospective business opportunities, our sole officer and directors will consider such matters as the available technical, financial and managerial resources; working capital and other financial requirements; history of operations, if any; prospects for the future; nature of present and expected competition; the quality and experience of management services which may be available and the depth of that management; the potential for further research, development, or exploration; specific risk factors not now foreseeable but which then may be anticipated to impact the proposed activities of the Company; the potential for growth or expansion; the potential for profit; the perceived public recognition or acceptance of products, services, or trades; name identification; and other relevant factors. Our officer and directors, Mr. Iarocci and Mr. Schnaus, will meet personally with management and key personnel of the business opportunity as part of his investigation. To the extent possible, the Company intends to utilize written reports and personal investigation to evaluate the above factors. The Company will not acquire or merger with any company for which audited financial statements cannot be obtained.\n4\n\n \nOur officer and directors, Mr. Iarocci and Mr. Schnaus, while not experienced in matters relating to the new business of the Company, will rely upon their own efforts in accomplishing the business purposes of the Company. It is not anticipated that any outside consultants or advisors, other than the Company’s legal counsel and accountants, will be utilized by the Company to effectuate its business purposes described herein. However, if the Company does retain such an outside consultant or advisor, any cash fee earned by such party will need to be paid by the prospective merger/acquisition candidate, as the Company has no cash assets with which to pay such obligation.\n \nThe Company will not restrict its search for any specific kind of firms, but may acquire a venture which is in its preliminary or development stage, which is already in operation, or in essentially any stage of its corporate life. It is impossible to predict at this time the status of any business in which the Company may become engaged, in that such business may need to seek additional capital, may desire to have its shares publicly traded, or may seek other perceived advantages which the Company may offer.\n \n**Government Regulation**\n \nWe are subject to government regulations that regulate businesses generally, such as compliance with regulatory requirements of federal, state, and local agencies and authorities, including regulations concerning workplace safety and labor relations. In addition, our operations are affected by federal and state laws relating to marketing practices in the music industry. Environmental laws and regulations do not materially impact our operations.\n \n**Research and Development**\n \nWe have not spent any funds on research and development activities in connection with our business.\n \n**Personnel**\n \nAs of December 31, 2025, we employed one person on a part-time basis. Our employee is not subject to a collective bargaining agreement. We believe that our relationship with our employee is good."}