Company: APXIF
Filing Date: 2025-06-11
Form Type: 10-Q
Source: 0001213900-25-053185
Chunk: 2

Company: APx Acquisition Corp. I
Filing Date: 2025-06-11
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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    Basic and diluted net loss per share, Class A ordinary shares, redeemable 
    $(0.76) 
    $(0.23)

    Weighted average shares outstanding, Class A ordinary shares, non-redeemable 
     4,312,500  
     4,312,500 

    Basic and diluted net loss per share, Class A ordinary shares, non-redeemable 
    $(0.76) 
    $(0.23)

The accompanying notes
are an integral part of these unaudited condensed financial statements.

 2

APX ACQUISITION CORP.
I

UNAUDITED CONDENSED STATEMENT
OF CHANGES IN SHAREHOLDERS’ DEFICIT

FOR THE THREE MONTHS ENDED
MARCH 31, 2025

    Class A
Ordinary Shares   
    Class B
Ordinary Shares  
    Additional
 Paid-in  
    Accumulated   
    Total 
Shareholders’ 

    Shares  
      Amount    
     Shares    
    Amount  
    Capital    Deficit  
    Deficit

    Balance-December 31, 2024 
     4,312,500  
    $431  
     —  
    $—  
    $—  
    $(6,171,846) 
    $(6,171,415)
  
    Remeasurement of Class A ordinary shares to redemption amount 
     —  
     —  
     —  
        —  
         —  
     (65,522) 
     (65,522)
  
    Net loss 
     —  
     —  
     —  
        —  
         —  
     (3,676,898) 
     (3,676,898)

    Balance-March 31, 2025 
     4,312,500  
    $431  
     —  
    $—  
    $    —  
    $(9,914,266) 
    $(9,913,835)

The accompanying notes
are an integral part of these unaudited condensed financial statements.

 3

APX ACQUISITION CORP.
I

UNAUDITED CONDENSED STATEMENT
OF CHANGES IN