Company: APXIF
Filing Date: 2025-03-31
Form Type: F-4/A
Source: 0001213900-25-026339
Chunk: 129

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: F-4/A
Chunk 129
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 fixed payment obligations and could also result in restrictive covenants, such as limitations on our ability to incur additional debt or issue additional equity, limitations on our ability to acquire companies or acquire or license intellectual property rights, and other operating restrictions that could adversely affect our ability to conduct our business. In addition, the issuance of additional equity securities by us, or the possibility of such issuance, may cause the market price of our ordinary shares to decline. In the event we enter into collaborations or licensing arrangements to raise capital, we may be required to accept unfavorable terms. These agreements may require that we relinquish or license to 42 a third party on unfavorable terms our rights to tests we otherwise would seek to develop or commercialize ourselves or reserve certain opportunities for future potential arrangements when we might be able to achieve more favorable terms. If we are not able to secure additional funding when needed, we may have to delay, reduce the scope of or eliminate one or more research and development programs, selling and marketing initiatives, or potential acquisitions. In addition, we may have to work with a partner on one or more aspects of our tests or market development programs, which could lower the economic value of those tests or programs to our company. Any of the above occurrences could have a significant adverse effect on our business, financial condition, results of operations and growth prospects. Our future indebtedness could adversely affect our business, financial condition, and results of operations and our ability to meet our payment obligations under such indebtedness and limit our ability to raise additional capital to fund our operations. There is substantial doubt about our ability to continue as a going concern, which may adversely affect our business and our investors. Accordingly, we expect to continue to incur debt in the future. Such level of debt, which could be significant, could have considerable consequences on our future operations, including: •increasing our vulnerability to adverse economic and industry conditions; •making it more difficult for us to meet our payment and other obligations; •making it more difficult to obtain any necessary future financing for working capital, capital expenditures, debt service requirements, or other purposes; •requiring the dedication of a substantial portion of any cash flow from operations to service our indebtedness, thereby reducing the amount of cash flow available for other purposes, including capital expenditures; •placing us at a possible competitive disadvantage with competitors that are less leveraged than us or have better access to capital than we have; and •limiting our flexibility in planning for, or reacting to, changes in our business and the markets in which we compete.