Company: APXIF
Filing Date: 2025-01-22
Form Type: F-4
Source: 0001213900-25-005463
Chunk: 271

Company: APx Acquisition Corp. I
Filing Date: 2025-01-22
Form: F-4
Chunk 271
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 Pérez and representatives from MultiplAI conducted a diligence call in respect of MultiplAI. Also on February 27, 2024, Linklaters shared with Greenberg a revised draft of the Business Combination Agreement, incorporating refinements to the representations and warranties of MultiplAI’s authorized share capital and including an exception to the covenant restricting MultiplAI’s ability to license intellectual property, permitted such action in the ordinary course of business consistent with past practices. On March 5, 2024, Linklaters sent a revised draft of the Business Combination Agreement to Greenberg, proposing a SPAC Transaction Expense Cap of $6,650,000. On March 6, 2024, Greenberg circulated comments to the Business Combination Agreement to Linklaters, refining the provisions related to the equity compensation plans of MultiplAI. Later that day, Linklaters circulated comments to the Business Combination Agreement, reducing the SPAC Transaction Expense Cap to $6,150,000. On March 7, 2024, Greenberg circulated comments to the Business Combination Agreement to Linklaters, increasing the SPAC Transaction Expense Cap to $6,630,759. On March 8, 2024, Linklaters circulated comments to the Business Combination Agreement to Greenberg and, later that day, Greenberg provided additional comments to the Business Combination Agreement. Key changes included (i) reduction of the SPAC transaction Expenses Cap from $6,630,759 to $5,880,759, and (ii) the addition to the fully paid “tail” directors’ and officers’ liability insurance policy as a component of the “Company Transaction Expenses.” From March 15, 2024 to March 21, 2024, Linklaters and Greenberg exchanged drafts of the Business Combination Agreement, reflecting cleanup changes. On March 18, 2024, the Company received a Certificate of Incorporation on Change Name from the Registrar of Companies of the Cayman Islands, changing its name to OmnigenicsAI Corp. On March 21, 2024, Greenberg circulated to Linklaters a proposed execution version of the Business Combination Agreement. On March 25, 2024, the Business Combination Agreement was executed by the parties and, on March 26, 2024, the Business Combination was publicly announced. 126 In May 2024, a few critical risks emerged while preparing for the integration with MultiplAI. Notably, there was a significant discrepancy between the operational focus of the