Company: APXIF
Filing Date: 2025-03-31
Form Type: F-4/A
Source: 0001213900-25-026339
Chunk: 13

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: F-4/A
Chunk 13
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,000 has been drawn under the Sponsor Loan Agreement, of which $1,731,460 has been lent onward from the Sponsor to APx under the Amended and Restated Note. If APx does not complete an initial business combination, it is unlikely that Sponsor will recover funds drawn by APx under the Amended and Restated Note and, as a result, such funds will not be available to repay amounts drawn under the Sponsor Loan Agreement; •on August26, 2024, APx issued an unsecured promissory note in the principal amount of $446,000 to Bioceres LLC (“Bioceres”), an indirect shareholder of the Company, and on November7, 2024, APx issued an unsecured promissory note in the principal amount of $700,000 to Bioceres LLC (collectively, the “BC Promissory Notes”). The BC Promissory Notes accrue interest at 20% per annum. APx shall repay all interested accrued and the principal balance on the date on which it consummates its initial business combination. As of December31, 2024, $914,615 has been drawn under the BC Promissory Notes. If APx does not complete an initial business combination, it is unlikely that Bioceres will recover funds drawn by APx under the BC Promissory Notes. Conversely, if the Business Combination closes, APx will repay the BC Promissory Notes to Bioceres; •on November7, 2024, Termina la Quincena S.A de C.V. SOFOM (“SOFOM”), Bioceres, UG Holdings, LLC (“UGH”) and Theo entered into an amended and restated loan agreement (the “SOFOM Loan”), pursuant to which SOFOM agreed to lend to Bioceres up to $1,500,000, which loan was secured by equity interests of Moolec Science SA and Bioceres Crop Solutions Corp. held by Bioceres, UGH and Theo. Amounts lent thereunder will be used by Bioceres to fund amounts lent to APx under the Bioceres Notes. As of December31, 2024, $1,268,615 has been drawn under the SOFOM Loan. Amounts outstanding under the SOFOM Loan will mature upon the earlier to occur of February26, 2026 or the date that is 30 days after the termination of the Lock -UpPeriod (as defined in the Registration Rights