Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 74

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 74
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 for an aggregate payment of approximately $4.7 million (based on the estimated per -shareredemption price of approximately $12.05 per share as of December 31, 2024) resulting in $1,567,206, including interest account receivables, held in the Trust Account and that, under the Backstop Agreement, a $8,432,790 contribution is made by Theo in consideration of the issuance of 843,279 Company Shares. Includes 3,342,188 Company Shares held by the Sponsor, 970,312 Company Shares held by the Initial Sponsor. (5) Assumes that all Public Shareholders, holding 520,056 Public Shares, will exercise their Redemption Rights for an aggregate payment of approximately $6.3 million (based on the estimated per -shareredemption price of approximately $12.05 per share as of December 31, 2024) from the Trust Account resulting in no cash being held in the Trust Account and that, under the Backstop Agreement, a $10,000,000 contribution if made by Theo in consideration of the issuance of 1,000,000 Company

2 Shares. Includes 3,342,188 Company Shares held by the Sponsor, 970,312 Company Shares held by the Initial Sponsor and 1,000,000 Company Shares issued to Theo pursuant to the Backstop Agreement. The Net Tangible Book Value assumes a redemption cap of $6.2 million, which represents the maximum amount available in the Trust Account for redemptions and includes accrued interest receivable of $60,458 that is available for redemptions. (6)The net tangible book value as of December 31, 2024 was calculated as total assets minus intangible asset minus total liabilities of the SPAC, adjusted for reductions in the Trust Account reflecting the various redemption scenarios (based on the estimated per -shareredemption price of approximately $12.05 per share as of December 31, 2024) and including different scenarios of contribution under Backstop Agreement as described in the notes above. (7)Does not include 8,625,000shares underlying the Public Warrants and cash to the Company of $99,187,500 assuming all Public Warrants are exercised. Each Public Share previously issued included one -halfof one redeemable Public Warrant. Each whole Public Warrant entitles the holder thereof to purchase one Public Share at a price of $11.50 per share, subject to adjustment. The