Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 327

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 327
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. The BCAA contains customary expense reimbursement and indemnification provisions, and is terminable only by written agreement of both parties. The Placement Agreement provided for a fee to EarlyBird, in the event of a capital raise conducted in connection with a business combination, equal to 4.5% of the aggregate equity amount funded by investors contacted by EarlyBird, and 2.5% of the aggregate debt financing amount, including secured and convertible debt, funded by investors contacted by EarlyBird, payable upon (and conditioned upon) the closing of such business combination and related capital raise. The Placement Agreement contains customary expense reimbursement and indemnification provisions, and could be terminated by either party with 30 days’ notice. On August 22, 2023, APx and EarlyBird entered into a letter agreement (the “Letter Agreement”), terminating the Placement Agreement and amending the BCAA (such amended BCAA, the “EarlyBird Engagement Letter”). Pursuant to the terms of the EarlyBird Engagement Letter, EarlyBird is entitled to the EarlyBird Fees, which consist of $2,000,000, up to $500,000 of which may be paid in Company Shares on the six -monthanniversary of the Closing. The EarlyBird Engagement Letter contains customary expense reimbursement and indemnification provisions, and is terminable only by written agreement of both parties. 158 Material Cayman Islands Income Tax Considerations The following is a discussion on certain Cayman Islands income tax consequences of an investment in the securities of the Company. The discussion is a general summary of present law, which is subject to prospective and retroactive change. It is not intended as tax advice, does not consider any investor’s particular circumstances, and does not consider tax consequences other than those arising under Cayman Islands law. Under Existing Cayman Islands Laws Payments of dividends and capital in respect of the Company’s securities will not be subject to taxation in the Cayman Islands and no withholding will be required on the payment of a dividend or capital to any holder of the securities nor will gains derived from the disposal of the securities be subject to Cayman Islands income or corporation tax. The Cayman Islands currently levies no taxes on individuals or corporations based upon profits, income, gains, or appreciation and there is no taxation in the nature of inheritance tax or estate duty. There are no other taxes likely to be material to the Company levied by the Government of the Cayman Islands except for stamp duties which may be applicable on instruments executed in, or, after execution, brought within the jurisdiction of