Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 562

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 562
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 |                        $ | (1,056,955 | ) |     | $              |  (814,295 | ) |     | $                 |   (41,094 | ) |     | $              |   (17,760 | ) |
| Denominator                                           |     |                          |            |   |     |                |           |   |     |                   |           |   |     |                |           |   |
| Basic and diluted weighted average shares outstanding |     |                          |  5,597,624 |   |     |                | 4,312,500 |   |     |                   | 9,978,476 |   |     |                | 4,312,500 |   |
| Basic and diluted net income per ordinary shares      |     |                        $ |      (0.19 | ) |     | $              |     (0.19 | ) |     | $                 |     (0.00 | ) |     | $              |     (0.00 | ) |

Income Taxes The Company complies with the accounting and reporting requirements of ASC Topic 740, “Income Taxes,” which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed for differences between the financial statement and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. ASC Topic 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more -likely - than-notto be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax benefits, if any, as income tax expense.

F-46 NOTES TO CONDENSED UNAUDITED FINANCIAL STATEMENTS
June 30, 2024 NOTE 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.) There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of June 30, 2024. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is considered to be an exempted