Company: APXIF
Filing Date: 2025-07-03
Form Type: F-4/A
Source: 0001213900-25-061545
Chunk: 55

Company: APx Acquisition Corp. I
Filing Date: 2025-07-03
Form: F-4/A
Chunk 55
---
 $700,000 to Bioceres, which was amended and restated as of March21, 2025, to include a principal amount of up to $712,038. The BC Promissory Notes accrue interest at 20% per annum. APx shall repay all interested accrued and the principal balance on the date on which it consummates its initial business combination. As of March31, 2025, $1,158,037 has been drawn under the BC Promissory Notes. If APx does not complete an initial business combination, it is unlikely that Bioceres LLC will recover funds drawn by APx under the BC Promissory Notes. Conversely, if the Business Combination closes, APx will repay the BC Promissory Notes to Bioceres; •on November7, 2024, SOFOM, Bioceres, UGH and Theo entered into the SOFOM Loan, pursuant to which SOFOM agreed to lend to Bioceres up to $1,500,000, which loan was secured by equity interests of Moolec Science SA and Bioceres Crop Solutions Corp. held by Bioceres, UGH and Theo. Amounts lent thereunder will be used by Bioceres to fund amounts lent to APx under the Bioceres Notes. As of March31, 2025, $1,500,000 has been drawn under the SOFOM Loan. Amounts outstanding under the SOFOM Loan will mature upon the earlier to occur of February26, 2026 or the date that is 30 days after the termination of the Lock -UpPeriod (as defined in the Registration Rights and Lock -UpAgreement). If APx does not complete an initial business combination, it is unlikely that Bioceres will recover funds drawn by APx under the BC Promissory Notes, which may be used to repay the SOFOM Loan. Conversely, if the Business Combination closes, APx will repay the BC Promissory Notes to Bioceres, which funds may be used repay the SOFOM Loan; •pursuant to the EarlyBird Engagement Letter, if the Business Combination closes, EarlyBird is entitled to the EarlyBird Fees, which consist of $2,000,000, up to $500,000 of which may be paid in Company Shares on the six -monthanniversary of the Closing. If the Closing does not occur, EarlyBird will not be entitled to the EarlyBird Fees; xvi •the