Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 580

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 580
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 UNAUDITED FINANCIAL STATEMENTS
June 30, 2024 NOTE 12. FAIR VALUE MEASUREMENTS (cont.) The following table presents information about the Company’s assets and liabilities that are measured at fair value at June 30, 2024 and December 31, 2023, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

|                                         |     |   | Level |   |   June 30, 
       2024 |     |   | December 31, 
         2023 |
|:----------------------------------------|:----|--:|:------|:--|-----------:|:----|:--|-------------:|
| Assets:                                 |     |   |       |   |            |     |   |              |
| Investments held in Trust Account –(1)  |     | 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