Company: APXIF
Filing Date: 2025-07-18
Form Type: F-4/A
Source: 0001213900-25-065703
Chunk: 584

Company: APx Acquisition Corp. I
Filing Date: 2025-07-18
Form: F-4/A
Chunk 584
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 |     | 1 |       | $ | 64,679,869 |     | $ |   62,406,649 |
| Liabilities:                            |     |   |       |   |            |     |   |              |
| Warrant Liability – Public Warrants(2)  |     | 1 |       | $ |  1,423,988 |     | $ |      431,250 |
| Warrant Liability – Private Warrants(2) |     | 2 |       | $ |  1,477,645 |     | $ |      447,500 |

____________ (1)The fair value of the investments held in Trust Account approximates the carrying amount primarily due to the short -termnature. (2)Transfers to/from Levels 1, 2 and 3 are recognized at the end of the reporting period. The estimated fair value of the Public Warrants was transferred from a Level 3 measurement to a Level I measurement during the year ended December 31, 2023, when the Public Warrants were separately listed and traded in an active market. The estimated fair value of the Private Warrants was transferred from a Level 3 measurement to a Level 2 measurement during the year ended December 31, 2023, as the key inputs to the valuation model became directly or indirectly observable from the Public Warrants listed price. There have been no transfers for the six -monthperiod ended June 30, 2024 and during the year ended December 31, 2023. Warrants The Warrants are accounted for as liabilities in accordance with ASC 815 -40and are presented within warrant liabilities on the Balance Sheet. The warrant liabilities are measured at fair value at inception and on a recurring basis, with changes in fair value presented within the statements of operations. Initial Measurement The Warrants were valued using a Monte Carlo simulation model -basedapproach, which is considered to be a Level 3 fair value measurement. The Monte Carlo simulation model’s primary unobservable input utilized in determining the fair value of the Warrants is the expected volatility of the ordinary shares. The expected volatility as of the Initial Public Offering date was derived from observable public warrant pricing on comparable ‘blank -check’ companies without an identified target. For periods subsequent to the detachment of the Public Warrants from the Units, the close price of the Public Warrant price will be used as the fair value as of each relevant date. The key inputs into the Monte Carlo