Company: APXIF
Filing Date: 2025-01-22
Form Type: F-4
Source: 0001213900-25-005463
Chunk: 410

Company: APx Acquisition Corp. I
Filing Date: 2025-01-22
Form: F-4
Chunk 410
---
 time of the IPO pursuant to a Private Placement Warrants Purchase Agreement, dated December 6, 2021. The Sponsor retained 970,312 Founder Shares and 2,013,750 Private Placement Warrants. The transfer of Founder Shares and Private Placement Warrants to the Sponsor pursuant to the Purchase Agreement is referred to as the “Transfer,” which closed on September 8, 2023. The Transfer and all transactions consummated in connection there with are referred to as the “Sponsor Alliance Transaction.” On September 15, 2023, October 19, 2023 and November 13, 2023, APx deposited $125,000 into the Trust Account in order to effect three one -monthextensions of the termination date, from September 9, 2023 to December 9, 2023. On December 8, 2023, APx held an extraordinary general meeting (the “December 2023 EGM”) and its shareholders approved an amendment to the Existing Governing Documents and to the Trust Agreement to extend the Termination Date up to twelve (12) times for an additional one (1) month each time from December 9, 2023 to December 9, 2024, by depositing the Extension Payment for each one -monthextension into APx’s Trust Account. In connection with the December 2023 EGM, the holders of 201,496 Public Shares properly exercised their right to redeem their shares (and did not withdraw their redemption) for an aggregate redemption amount of $2,246,585. Following such redemptions, $62,410,856 remained in the trust account and 5,597,624 Public Shares remained issued and outstanding. Following the December 2023 EGM, APx deposited $125,000 on a monthly basis to the extend the Termination Date by twelve additional one -monthperiods to December 9, 2024. On December 4, 2024, APx held an extraordinary general meeting (the “December 2024 EGM”) and its shareholders approved an amendment to the Existing Governing Documents and to the Trust Agreement to extend the Termination Date to December 9, 2025. In connection with the December 2024 EGM, the holders of 5,077,568 Public Shares properly exercised their right to redeem their shares (and did not withdraw their redemption) for an aggregate redemption amount of $60,856,059.42. Following such redem