Company: APXIF
Filing Date: 2025-07-18
Form Type: F-4/A
Source: 0001213900-25-065703
Chunk: 207

Company: APx Acquisition Corp. I
Filing Date: 2025-07-18
Form: F-4/A
Chunk 207
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 the engagement of a third -partyconsultant whose particular expertise or skills are believed by management to be significantly superior to those of other consultants that would agree to execute a waiver or in cases where management is unable to find a service provider willing to execute a waiver. In addition, there is no guarantee that such entities will agree to waive any claims they may have in the future as a result of, or arising out of, any negotiations, contracts or agreements with APx and will not seek recourse against the Trust Account for any reason. Upon redemption of the Public Shares, if APx is unable to complete the Business Combination within the prescribed timeframe, or upon the exercise of a Redemption Right in connection with the Business Combination, APx will be required to provide for payment of claims of creditors that were not waived that may be brought against APx. Accordingly, the per -shareredemption amount received by Public Shareholders could be less than the proceeds held in the Trust Account, due to claims of such creditors. Pursuant to the IPO Letter Agreement, the Initial Shareholders have agreed that they will be liable to APx if and to the extent any claims by a third party for services rendered or products sold to APx, confidentiality or other similar agreement or the Business Combination Agreement, reduce the amount of funds in the Trust Account to below the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the Trust Account, provided that such liability will not apply to any claims by a third party or prospective target business who executed a waiver of any and all rights to the monies held in the Trust Account (whether or not such waiver is enforceable) nor will it apply to any claims under our indemnity of the underwriters of the IPO against certain liabilities, including liabilities under the Securities Act. However, APx has not asked the Initial Shareholders to reserve for such indemnification obligations, nor has APx independently verified whether the Initial Shareholders have sufficient funds to satisfy their indemnity obligations and APx believes that the Sponsor’s only assets are securities of APx. Therefore, APx cannot assure you that the Initial Shareholders would be able to satisfy those obligations. As a result, if any such claims were successfully made against the Trust Account, the funds available for the Business Combination and redemptions could be reduced. In such event, APx may not be able to complete the Business Combination, and you would receive a lesser amount per share in connection with any redemption of your Public Shares than your pro -rata