{"url_path":"/sec/cik-0001578329/10-k/2026/item-13","section_key":"item-13","section_title":"Item 13 Certain Relationships and Related Transactions, and Director Independence.**","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":206,"has_tables":true,"body_markdown":"**Item 13. Certain Relationships and Related Transactions, and Director Independence.**\n\n \n\n**Transactions With Related Persons, Promoters and Certain Control Persons**\n\n \n\nDuring the year ended December 31, 2025, the Company issued 11,764,129 shares of common stock to its controlling stockholder for settlement of $54,019 for accrued liabilities.\n\n \n\nDuring the year ended December 31, 2024, the Company issued 5,884,351 shares of common stock to its controlling stockholder for settlement of $27,020 for accrued liabilities.\n\n \n\nThe Company does not own or rent property. The office space is provided by an officer at no charge. The value of such office space is nominal.\n\n \n\n**Director Independence**\n\n \n\nWe do not have a standing nominating, compensation, or audit committee. Rather, the board of directors performs the functions of these committees. We do not believe it is necessary for the board of directors to appoint such committees, because the volume of matters that come before the board of directors for consideration is not so substantial that our directors are usually allowed sufficient time and attention to such matters.\n\n \n\n**Annual Report on Form 10-K**\n\n \n\nCopies of our Annual Report on Form 10-K, without exhibits, can be obtained without charge from us at Apex 11 Inc., 8217 East Spanish Boot Road, Carefree, Arizona 85377, telephone (480) 619-1575."}