Company: APXIF
Filing Date: 2025-07-18
Form Type: F-4/A
Source: 0001213900-25-065703
Chunk: 153

Company: APx Acquisition Corp. I
Filing Date: 2025-07-18
Form: F-4/A
Chunk 153
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 in turn, a charge to net income. Any future charges related to intangible assets may have a material adverse effect on our results of operations or financial condition. In addition, if we complete acquisitions in the future, this may result in additional goodwill and/or an increase in other intangible assets on our balance sheet. Goodwill represents the excess of amounts paid for acquiring businesses over the fair value of the net assets acquired. We are required annually, or as facts and circumstances exist, to assess other intangible assets to determine if impairment has occurred. If the testing performed indicates that impairment has occurred, we are required to record a non -cashimpairment charge for the difference between the carrying value of other intangible assets and the implied fair value of other intangible assets in the period the determination is made. We cannot accurately predict the amount and timing of any potential future impairment of assets. Should additional goodwill be recorded and the value other intangible assets become impaired, there could be a material adverse effect on our financial condition and results of operations. There can be no assurance that the Company’s securities that will be issued in connection with the Business Combination will be approved for listing on the Nasdaq or, if approved, will continue to be so listed following the closing of the Business Combination, or that the Company will be able to comply with the continued listing standards of Nasdaq. We intend to apply for the listing of the Company Shares and Company Warrants on Nasdaq. If Nasdaq denies our application for failure to meet the listing standards or if we subsequently do not satisfy any additional listing standards, we and our shareholders could face significant material adverse consequences including: •a limited availability of market quotations for our securities; •reduced liquidity for our securities; •a determination that the Company Shares are a “penny stock” which will require brokers trading in the Company Shares to adhere to more stringent rules and possibly result in a reduced level of trading activity in the secondary trading market for its securities; •a limited amount of news and analyst coverage; and •a decreased ability to issue additional securities or obtain additional financing in the future. The National Securities Markets Improvement Act of 1996, which is a federal statute, prevents or preempts the states from regulating the sale of certain securities, which are referred to as “covered securities.” If the Company Shares are listed on Nasdaq, they will be covered securities; however, if the Company Shares cease to be listed, our securities will not be covered securities and we would be subject to regulation in each state in which