Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 224

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 224
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 65% of the then outstanding Public Warrants is unlimited, examples of such amendments could be amendments to, among other things, increase the exercise price of the APx Warrants, convert the APx Warrants into cash or shares (at a ratio different than initially provided), shorten the exercise period or decrease the number of ordinary shares purchasable upon exercise of an APx Warrant. 91 APx may redeem your unexpired APx Warrants prior to their exercise at a time that is disadvantageous to you, thereby making your APx Warrants worthless. APx has the ability to redeem all of the outstanding APx Warrants at any time after they become exercisable and prior to their expiration, at a price of $0.01 per APx Warrant; provided that the closing price of the Public Shares equals or exceeds $18.00 per share (as adjusted for share subdivision, share capitalizations, reorganizations, recapitalizations and the like and for certain issuances of equity and equity -linkedsecurities for capital raising purposes in connection with the closing of the Business Combination as described elsewhere in this proxy statement/prospectus) for any 20 trading days within a 30 trading -dayperiod ending on the third trading day prior to proper notice of such redemption, provided that on the date, APx gives notice of redemption. APx will not redeem the APx Warrants unless an effective registration statement under the Securities Act covering the shares issuable upon exercise of the APx Warrants is effective and a current prospectus relating to those ordinary shares is available throughout the 30 -dayredemption period, except if the APx Warrants may be exercised on a cashless basis and such cashless exercise is exempt from registration under the Securities Act. If and when the APx Warrants become redeemable by APx, APx may exercise its redemption right even if it is unable to register or qualify the underlying securities for sale under all applicable state securities laws. Redemption of the outstanding APx Warrants could force you to (i) exercise your APx Warrants and pay the exercise price therefor at a time when it may be disadvantageous for you to do so, (ii) sell your APx Warrants at the then -currentmarket price when you might otherwise wish to hold your APx Warrants or (iii) accept the nominal redemption price which, at the time the outstanding APx Warrants are called for redemption, is likely to be substantially less than the market value of your APx