Company: APXIF
Filing Date: 2025-07-03
Form Type: F-4/A
Source: 0001213900-25-061545
Chunk: 469

Company: APx Acquisition Corp. I
Filing Date: 2025-07-03
Form: F-4/A
Chunk 469
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 $446,000 to Bioceres LLC (“Bioceres”), an indirect shareholder of OmnigenicsAI. The Note bears interest at 20% per annum. The Company shall repay all interested accrued and the principal balance on the date on which the Company consummates its initial business combination. The First Bioceres Note is subject to customary events of default, the occurrence of certain of which automatically triggers the unpaid principal balance of the First Bioceres Note as well as all accrued interest and all other sums payable with regard to the First Bioceres Note becoming immediately due and payable. On November7, 2024, the Company issued an unsecured promissory note in the principal amount of $700,000 to Bioceres (the “Second Bioceres Note” and, together with the First Bioceres Note, the “Bioceres Notes”). The Company shall repay all interested accrued and the principal balance on the date on which the Company consummates its initial business combination. The Second Bioceres Note was amended and restated as of March21, 2025, to include a principal amount of up to $712,038. As of March31, 2025, $1,158,038 has been drawn under the Bioceres Notes. Administrative Support Agreement Commencing on the date of the prospectus and until completion of the Company’s initial business combination or liquidation, the Company may reimburse an affiliate of the Sponsor up to an amount of $10,000 per month for office space and secretarial and administrative support provided to members of the Company’s management team. The Company considered this agreement under the guidance of ASC 842, Leases, and determined that this agreement did not meet the definition of a lease. In connection with the Sponsor Alliance Transaction, the Company and the Initial Sponsor terminated the administrative services agreement as of the end of the September 2023, and the Company ceased paying these monthly fees. Amended and Restated Limited Liability Company Agreement On March 25, 2024, the Sponsor and Theo entered into an amended and restated limited liability company agreement (the “Amended and Restated LLC Agreement”) of Templar Subco, which supersedes the initial agreement dated March 15, 2024. In addition to the provisions relating to the operational framework of Templar Subco, the Amended and Restated LLC Agreement provides for capital contributions made by the Sponsor and Theo, the latter in exchange for services under the Backstop Agreement relating to the Business Combination. Further