Company: APXIF
Filing Date: 2025-07-03
Form Type: F-4/A
Source: 0001213900-25-061545
Chunk: 217

Company: APx Acquisition Corp. I
Filing Date: 2025-07-03
Form: F-4/A
Chunk 217
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 initial business combination, such shares will expire worthless; •in connection with the Sponsor Alliance, the Sponsor paid $50,001 (comprised of $1 in cash to APx Capital, and a commitment of $50,000 to fund APx’s Exchange Act reporting obligations), approximately $0.015 per share, to purchase 3,342,188 Founder Shares. The market value of the 3,342,188shares held by the Sponsor as of the Record Date was approximately $ based on the closing price of the Public Shares of $ on the Record Date, and the value of such shares is expected to be greater than $50,001 at the time of the Business Combination. If the Closing occurs, such shares shall be converted into Company Shares and retained by the Sponsor. If APx does not complete an initial business combination, such shares will expire worthless; •pursuant to the terms of the Business Combination Agreement, the reasonable and documented out -of -pocketfees and expenses payable by APx as a result of, in relation to or in connection with APX’s negotiation, documentation and consummation of the Business Combination are expected to be settled by the Company at the Closing, subject to a cap of $5,880,759. If the Closing does not occur, APx will be unable to use the proceeds of the Business Combination to settle such expenses; •pursuant to the terms of the Business Combination Agreement, the reasonable and documented out -of -pocketfees and expenses payable by the Company as a result of, in relation to or in connection with the Company’s negotiation, documentation and consummation of the Business Combination are expected to be settled by the Company at the Closing. If the Closing does not occur, the Company will be unable to use the proceeds of the Business Combination to settle such expenses; •pursuant to the IPO Letter Agreement, our Initial Shareholders agreed to waive their Redemption Rights with respect to any APx ordinary shares held by them in connection with the completion of the Business Combination. The Sponsor additionally agreed to waive its Redemption Rights pursuant to the Support Agreement. The Initial Shareholders did not receive any consideration in exchange for such waiver of Redemption Rights. Due to such waiver, the value of the Initial Shareholders’ investments in APx is dependent on the consummation of an initial business combination. In the event that APx does not complete an initial business combination by the Extended Date, the 3,342,188 SPAC Class A Ordinary Shares held