Company: APXIF
Filing Date: 2025-01-22
Form Type: F-4
Source: 0001213900-25-005463
Chunk: 508

Company: APx Acquisition Corp. I
Filing Date: 2025-01-22
Form: F-4
Chunk 508
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daq due to the Company’s non -compliance. Pursuant to the Notice, unless the Company requests a hearing to appeal this determination by November 5, 2024, the Company’s warrants and units will be suspended at the opening of business on November 5, 2024, and a Form 25 -NSEwill be filed with the SEC, which will remove the Company’s warrants and units from listing and registration on Nasdaq (the “Warrant/Unit Delisting”). The Company does not intend to request a hearing. The Warrant/Unit Delisting does not affect the listing or trading of the Company’s Class A ordinary shares on the Nasdaq Global Market, other than those contained within the units. As of the date of this Quarterly Report on Form 10 -Q, our warrants and units have been suspended from trading; however, Nasdaq has not yet filed the Form 25 -NSEwith the SEC. On November 7, 2024, the Company issued an unsecured promissory note (the “Second Bioceres Note”) in the principal amount of $700,000 to Bioceres, an indirect shareholder of OmnigenicsAI Corp, the counterparty to the Company’s previously announced business combination. The Second Bioceres Note bears interest at 20% per annum. The Second Bioceres Note bears interest at 20% per annum. The Company shall repay all interest accrued and the principal balance on the date on which the Company consummates its initial business combination.

F-31

APX ACQUISITION CORP. I
CONDENSED BALANCE SHEETS

|                                                                                                                                                                                                                 |     | June 30,   
 2024       |            |   |     | December 31, 
 2023         |            |   |
|:----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-----------|-----------:|:--|:----|:-------------|-----------:|:--|
|                                                                                                                                                                                                                 |     | -Unaudited |            |   |     |              |            |   |
| ASSETS                                                                                                                                                                                                          |     |            |            |   |     |              |            |   |
| Current assets                                                                                                                                                                                                  |     |            |            |   |     |              |            |   |
| Cash                                                                                                                                                                                                            |     | $          |        168 |   |     | $            |      8,167 |   |
| Prepaid expenses                                                                                                                                                                                                |     |            |          — |   |     |