Company: APXIF
Filing Date: 2025-07-18
Form Type: F-4/A
Source: 0001213900-25-065703
Chunk: 298

Company: APx Acquisition Corp. I
Filing Date: 2025-07-18
Form: F-4/A
Chunk 298
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 and all rights and obligations of MultiplAI under the Business Combination Agreement ceased and terminated, subject to certain exceptions. Except as set forth above, no other terms of the Business Combination have been modified, and the Company and APx intend to complete the combination of our businesses (without the acquisition of MultiplAI) as set forth in the Business Combination Agreement. MultiplAI Acquisition and Contribution Prior to the MultiplAI SPA Termination Agreement, it was originally provided that on the Closing Date, but prior to the Merger Effective Time, following the consummation of the transactions contemplated by the MultiplAI Share Purchase Agreement, (i) MultiplAI would, and would cause the MultiplAI Shareholders, and the Company would cause Parent to consummate all transactions under the MultiplAI Share Purchase Agreement, resulting in the Parent acquiring all of the issued and outstanding MultiplAI Shares, and (ii) immediately thereafter, the Company would, and would cause Parent to, consummate the MultiplAI Contribution pursuant to which Parent would contribute all of the issued and outstanding MultiplAI Shares to the Company, the Company would, and would cause Parent to, and MultiplAI would, and would cause the MultiplAI Shareholders to, assign all of the Parent’s rights under MultiplAI Share Purchase Agreement to the Company, and the Company would have issued to Parent an aggregate amount of 4,000,000 Company Shares in consideration thereof. Pursuant to MultiplAI SPA Termination Agreement and Notice of Termination, the MultiplAI Share Purchase Agreement has been terminated, and, as a result, all the rights and obligations arising thereof and the transactions contemplated therein, including the MultiplAI Acquisition and MultiplAI Contribution, will not occur. 139 The Structure of the Business Combination In accordance with the terms and subject to the conditions of the Business Combination Agreement, the parties to the Business Combination Agreement have agreed that, in connection with the Closing, the parties shall consummate the Merger pursuant to which Merger Sub shall merge with and into SPAC, with SPAC being the surviving company and remaining as a wholly -ownedsubsidiary of the Company. The Merger the other transactions contemplated by the Business Combination Agreement are referred to as the “ Business Combination.” The Merger shall become effective on a date that is no later than five business days after the first date on which all conditions set forth in the Business Combination Agreement that are required to be satisfied or waived (other than the conditions that by their terms are to be