Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 295

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 295
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 would, and would cause the MultiplAI Shareholders to, assign all of the Parent’s rights under MultiplAI Share Purchase Agreement to the Company, and the Company would have issued to Parent an aggregate amount of 4,000,000 Company Shares in consideration thereof. Pursuant to MultiplAI SPA Termination Agreement and Notice of Termination, the MultiplAI Share Purchase Agreement has been terminated, and, as a result, all the rights and obligations arising thereof and the transactions contemplated therein, including the MultiplAI Acquisition and MultiplAI Contribution, will not occur. 138 The Structure of the Business Combination In accordance with the terms and subject to the conditions of the Business Combination Agreement, the parties to the Business Combination Agreement have agreed that, in connection with the Closing, the parties shall consummate the Merger pursuant to which Merger Sub shall merge with and into SPAC, with SPAC being the surviving company and remaining as a wholly -ownedsubsidiary of the Company. The Merger the other transactions contemplated by the Business Combination Agreement are referred to as the “ Business Combination.” The Merger shall become effective on a date that is no later than five business days after the first date on which all conditions set forth in the Business Combination Agreement that are required to be satisfied or waived (other than the conditions that by their terms are to be satisfied at Closing, but subject to the satisfaction or waiver of such conditions) or at such other time or in such manner as shall be agreed to by SPAC and Company in writing. As a result of the Merger, at Merger Effective Time, (i) all of the property, rights, privileges, powers and franchises, Indebtedness, liabilities, duties and obligations of SPAC and Merger Sub shall vest in and become the property, rights, privileges, agreements, powers and franchises, Indebtedness, liabilities and duties of SPAC as the Surviving Subsidiary, and SPAC shall thereafter exist as a wholly -ownedSubsidiary of the Company and the separate corporate existence of SPAC shall cease to exist, (ii) the Governing Documents of the Company, as in effect immediately prior to the Merger Effective Time, shall be amended and restated and replaced in their entirety with the form amended and restated memorandum and articles of association of the Company attached, as Exhibit B to the Business Combination Agreement, to among other things, provide that the name of the Company be changed to a name that complies with the Cayman Companies