Company: APXIF
Filing Date: 2025-01-22
Form Type: F-4
Source: 0001213900-25-005463
Chunk: 635

Company: APx Acquisition Corp. I
Filing Date: 2025-01-22
Form: F-4
Chunk 635
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ed company, wholly-owned by the Company, and was incorporated for the purpose of effectuating the Merger and consummating the Transactions; WHEREAS , the parties hereto desire and intend to effect a business combination transaction whereby Merger Sub will merge with and into SPAC (the “ Merger ”), with SPAC being the surviving entity and becoming a wh olly-own ed Subsidiary of the Company (SPAC is hereinafter referred to for the periods from and after the Merger Effective Time (as defined herein) as the “ Surviving Subsidiary ”), and the Merger is to occur upon the terms and subject to the conditions of this Agreement and in accordance with the Cayman Islands Companies Act (As Revised) (the “ Cayman Companies Act ”); WHEREAS , upon the Merger Effective Time, all SPAC Ordinary Shares and SPAC Warrants will be converted or exchanged into the right to receive the Merger Consideration as set forth in Section 3.1(a) of this Agreement; WHEREAS , prior to the Merger Effective Time the Company will be required to cause the consummation of the Restructuring (as defined herein); WHEREAS , each of the parties hereto intends that, for U.S. federal income tax purposes (and to the extent applicable, for state and local tax purposes), the Merger, taken together with other relevant transactions, (i) be treated as undertaken as part of a prearranged, integrated plan and (ii) qualify as an exchange described in Section 351(a) of the U.S. Internal Revenue Code of 1986, as amended (the “ Code ”), and the Treasury Regulations (as defined herein) promulgated thereunder (the “ Intended Tax Treatment ”); WHEREAS , the SPAC Board (as defined herein) has (i) determined that it is advisable for SPAC to enter into this Agreement and the other Transaction Documents (including the Plan of Merger), (ii) approved the execution and delivery of this Agreement and the other Transaction Documents (including the Plan of Merger) and the Merger and the other Transactions, and (iii) recommended the adoption and approval of this Agreement, the other Transaction Documents (including the Plan of Merger), the Merger, and the other Transactions by the shareholders of SPAC; WHEREAS , the Company Board (as defined herein) has (i) determined that it is advisable for the Company to enter into this Agreement and the other Transaction Documents