Company: APXIF
Filing Date: 2025-01-22
Form Type: F-4
Source: 0001213900-25-005463
Chunk: 591

Company: APx Acquisition Corp. I
Filing Date: 2025-01-22
Form: F-4
Chunk 591
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 connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions about how market participants would price assets and liabilities). The following table presents information about the Company’s assets and liabilities that are measured at fair value at December 31, 2023 and 2022, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

|                                         |     |   | Level |   | December 31, 
         2023 |     |   | December 31, 
         2022 |
|:----------------------------------------|:----|--:|:------|:--|-------------:|:----|:--|-------------:|
| Assets:                                 |     |   |       |   |              |     |   |              |
| Investments held in Trust Account –(1)  |     | 1 |       | $ |   62,406,649 |     | $ |  177,952,202 |
| Liabilities:                            |     |   |       |   |              |     |   |              |
| Warrant Liability – Public Warrants(2)  |     | 1 |       | $ |      431,250 |     | $ |      172,500 |
| Warrant Liability – Private Warrants(2) |     | 2 |       | $ |      447,500 |     | $ |      179,000 |

____________ (1)The fair value of the investments held in Trust Account approximates the carrying amount primarily due to the short -termnature. (2)Transfers to/from Levels 1, 2 and 3 are recognized at the end of the reporting period. The estimated fair value of the Public Warrants was transferred from a Level 3 measurement to a Level I measurement during the year ended December 31, 2022 when the Public Warrants were separately listed and traded in an active market. The estimated fair value of the Private Warrants was transferred from a Level 3 measurement to a Level 2 measurement during the year ended December 31, 2022, as the key inputs to the valuation model became directly or indirectly observable from the Public Warrants listed price. There were no transfers during the year ended December 31, 2023.

F-87

APX ACQUISITION CORP. I