Company: APXIF
Filing Date: 2025-03-31
Form Type: F-4/A
Source: 0001213900-25-026339
Chunk: 48

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: F-4/A
Chunk 48
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 of the Business Combination, shareholders should be aware that, aside from their interests as shareholders, our Initial Shareholders and our directors and officers and the Company’s current shareholders have interests in the Business Combination that are different from, or in addition to, those of our other shareholders generally. Our directors were aware of and considered these interests, among other matters, in evaluating the Business Combination, and in recommending to our shareholders that they approve the Business Combination. Shareholders should take these interests into account in deciding whether to approve the Business Combination. These interests include, among other things: •the Initial Shareholders will lose their entire investment in APx if APx does not complete an initial business combination by the Extended Date; •the beneficial ownership of the Initial Shareholders of an aggregate of 4,312,500 SPAC Class A Ordinary Shares, comprised of 3,342,188 SPAC Class A Ordinary Shares held by the Sponsor (which shares were purchased in connection with the Sponsor Alliance) and 970,312 SPAC Class A Ordinary Shares held by the Initial Sponsor (which were purchased in connection with the IPO and which were retained in connection with the Sponsor Alliance). Such shares have an aggregate market value of approximately $ million based on the closing price of the Public Shares of $ on the Record Date; •in connection with the IPO, the Initial Sponsor paid $25,000 for 4,312,500 Founder Shares, approximately $0.006 per share, 3,342,188 of which were subsequently transferred to the Sponsor in connection with the Sponsor Alliance. The market value of the 970,312shares retained by the Initial 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 $25,000 at the time of the Business Combination. Based on the closing price of the Public Shares of $ on the Record Date, the Initial Sponsor could earn a return of $ per share, or $ in the aggregate, upon the sale of its Founder Shares, corresponding to a rate of return of %. If the Closing occurs, such shares shall be converted into Company Shares and retained by APX Capital. If APx does not complete an 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),