Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 253

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 253
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 of Public Shares, no release of cash is reflected. For scenario 2 the 50% redemption of Public Shares, reflects the corresponding release of cash. For scenario 3 the 100% redemption of Public Shares, reflects corresponding release of cash for the entire amount held within the Trust Account. It also includes additional Company Shares issued to Theo I SCSp pursuant to the Backstop Agreement and assumes the obligations under the Backstop Agreement are satisfied through a cash contribution to OmnigenicsAI up to $10,000,000 in an amount that exceeds the aggregate amount of cash on deposit in the Trust Account (including any interest earned on the funds held in the Trust Account) remaining after payment in full of the SPAC Shareholder Redemption Amount, relative to each respective scenario, considering a price of $10 per share. See “ Certain Agreements Related to the Business Combination — Backstop Agreement.” Contributions performed under the Backstop Agreement were calculated as disclosed below: (a)Scenario 1: Considering that the balance in the Trust Account, including accrued interest receivable, is $6,268,825, the contribution under the Backstop Agreement amounts to $3,731,170. At a price of $10 per share, this contribution results in the issuance of 373,117 shares. (b)Scenario 2:Considering that the balance in the Trust Account, including accrued interest receivable, is $3,134,413, the contribution under the Backstop Agreement amounts to $6,865,580. At a price of $10 per share, this contribution results in the issuance of 686,558 shares. (c)Scenario 3: Considering that there is no balance in the Trust Account due to maximum redemptions, the contribution under the Backstop Agreement amounts to $10,000,000. At a price of $10 per share, this contribution results in the issuance of 1,000,000shares. Share premium resulting from the different combinations of Public shareholders redemptions and contributions under the Backstop Agreement does not differ across the different scenarios. Said Share premium is calculated as the difference between the equity increase and the par value of the issued shares. For more information, see the “Share Premium” section. (2)Reflects the exchange of Sponsor Shares (4,312,500 Class B ordinary shares) for Company Shares, considering the par value of $0.0001 per share, as part of the Business Combination. Therefore, the net adjustment in share capital results from: (i)