Company: APXIF
Filing Date: 2025-07-03
Form Type: F-4/A
Source: 0001213900-25-061545
Chunk: 49

Company: APx Acquisition Corp. I
Filing Date: 2025-07-03
Form: F-4/A
Chunk 49
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 by the volume -weightedaverage price (VWAP) of the Company shares for the ten trading days immediately preceding this anniversary. Currently, the Company does not know if it will elect to exercise this option to pay a portion of the EarlyBird Fees in Company Shares, and it cannot reasonably estimate the VWAP that will be used to calculate the number of Company Shares to be issued if it elects to exercise such option. Accordingly, the Company has not included potential dilution that may result from the exercise of the Company’s option to pay for a portion of the EarlyBird Fee in Company Shares. See “ Certain Agreements Relating to the Business Combination — EarlyBird Engagement Letter.” (11)Represents up to $1,500,000 in Working Capital Loans from the Sponsor to APx that may be repaid upon completion of the Business Combination, without interest, or at the Sponsor’s discretion, converted upon completion of the Business Combination into up to 1,500,000 warrants of the post -businesscombination entity at a price of $1.00 per warrant. (12) Pursuant to the EarlyBird Engagement Letter, the EarlyBird Fees are due on the six -monthanniversary of the Closing and the Company may elect to pay up to $500,000 of the EarlyBird Fees in Company Shares. The total amount of Company Shares issuable will be determined on the six -monthanniversary of the Closing by dividing $500,000 (or such lesser amount, as

xiii the Company may elect) by the volume -weightedaverage price (VWAP) of the Company shares for the ten trading days immediately preceding this anniversary. Currently, the Company does not know if it will elect to exercise this option to pay a portion of the EarlyBird Fees in Company Shares, and it cannot reasonably estimate the VWAP that will be used to calculate the number of Company Shares to be issued if it elects to exercise such option. Accordingly, the Company has not included potential dilution that may result from the exercise of the Company’s option to pay for a portion of the EarlyBird Fee in Company Shares. See “ Certain Agreements Relating to the Business Combination — EarlyBird Engagement Letter.” (13)The amount left in trust was calculated as cash held in Trust Account as of December 31, 2024, plus accrued interest receivable 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