Company: APXIF
Filing Date: 2025-01-22
Form Type: F-4
Source: 0001213900-25-005463
Chunk: 506

Company: APx Acquisition Corp. I
Filing Date: 2025-01-22
Form: F-4
Chunk 506
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     | $            | 11.50 |   |
| Stock price             |     | $            |  9.59 |   |

The Company’s use of a Monte Carlo simulation model required the use of subjective assumptions: •The risk -freeinterest rate assumption was based on the five -yearU.S. Treasury rate, which was commensurate with the contractual term of the Warrants, which expire on the earlier of (i) five years after the completion of the initial business combination and (ii) upon redemption or liquidation. An increase in the risk -freeinterest rate, in isolation, would result in an increase in the fair value measurement of the warrant liabilities and vice versa. •The expected term was determined to be five years, in -linewith a typical equity investor assumed holding period •The expected volatility assumption was based on the implied volatility from a set of comparable publicly -tradedwarrants as determined based on the size and proximity of business combinations by similar special purpose acquisition companies. An increase in the expected volatility, in isolation, would result in an increase in the fair value measurement of the warrant liabilities and vice versa. •The fair value of the Units, which each consist of one Class A ordinary share and one -halfof one Public Warrant, represents the closing price on the measurement date as observed from the ticker APXIU. Subsequent Measurement The Warrants are measured at fair value on a recurring basis. At the subsequent measurement dates of September 30, 2024 and December 31,2023, the Private Placement Warrants were fair valued using the Monte Carlo Simulation Method.

F-30

NOTES TO CONDENSED UNAUDITED FINANCIAL STATEMENTS
September 30, 2024 NOTE 12. FAIR VALUE MEASUREMENTS (cont.) The key inputs into the Monte Carlo simulation model for the Private Placement Warrants are as follows at subsequent measurement:

|                                    | Inputs |   | September 30, 
          2024 |   |     |   | December 31, 
         2023 |   |
|:-----------------------------------|:-------|:--|--------------:|:--|:----|:--|-------------:|:--|
| Risk-free interest rate            |        |   |          3.61 | % |     |   |         3.88 | % |
| Expected term (years)              |        |   |          0.08 |   |     |   |