Company: APXIF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026189
Chunk: 1314

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7
Chunk 1314
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 and 2023, respectively 
     6,268,825  
     62,688,612 
  
    Shareholders’ Deficit  

    Preferred Stock - $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding at December 31, 2024 and 2023 
     -  
     - 
  
    Class A ordinary shares - $0.0001 par value; 200,000,000 shares authorized; 4,312,500 issued and outstanding at December 31, 2024 and 2023 (excluding 520,056 and 5,597,624 shares subject to possible redemption at December 31, 2024 and 2023, respectively) 
     431  
     431 
  
    Class B ordinary shares - $0.0001 par value; 20,000,000 shares authorized, none issued and outstanding at December 31, 2024 and 2023 
     -  
     - 
  
    Additional paid-in capital 
     -  
     - 
  
    Accumulated Deficit 
     (6,171,846) 
     (1,616,517)
  
    Total Shareholders’ Deficit 
     (6,171,415) 
     (1,616,086)
  
    TOTAL LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT 
    $6,268,945  
    $62,696,779 

The accompanying notes are an integral part
of the financial statement. 

F-3

APX ACQUISITION CORP. I 

STATEMENTS OF OPERATIONS 

    For the Year Ended December 31,  2024

    For the Year Ended December 31,  2023

    Formation costs and other operating expenses
     
    $
    2,612,483

    1,744,855

    Loss from operations

    (2,612,483
    )

    (1,744,855
    )

    Other income (expense):

    Interest earned on investments in Trust Account

    3,056,533

    4,024,613

    One-time advisory fee

    -

    1,625,000

    Gain on settlement of debt

    -

    117,373