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

Company: APx Acquisition Corp. I
Filing Date: 2025-07-03
Form: F-4/A
Chunk 4
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 merge with and into APx (with APx being the surviving company and a direct wholly -ownedsubsidiary of the Company) in exchange for shareholders and warrant holders of APx receiving merger consideration consisting of Company Shares and Company Warrants, respectively (we refer to this proposal as the “Business Combination Proposal”). (2) Proposal No. 2 — The Cayman Merger Proposal— To consider and vote upon a proposal to approve and authorize by special resolution the merger of Merger Sub with and into APx with APx being the surviving company, the plan of merger substantially in the form appended to the accompanying proxy statement/prospectus as Annex B (the “Plan of Merger”), the entry by APx into the Plan of Merger and approve the amendment and restatement of the Amended and Restated Memorandum and Articles of Association (the “Existing Governing Documents”) of APx (as the surviving company of the merger) in connection with the foregoing (we refer to this proposal as the “Cayman Merger Proposal”). (3) Proposal No. 3 — The Adjournment Proposal— to consider and vote upon a proposal to approve by ordinary resolution the adjournment of the Special Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Special Meeting, any of the Business Combination Proposal or the Cayman Merger Proposal (collectively, the “Condition Precedent Proposals”) would not be duly approved and adopted by our shareholders or we determine that one or more of the closing conditions under the Business Combination Agreement is not satisfied or waived (we refer to this proposal as the “Adjournment Proposal”). On September8, 2023, APx issued an unsecured promissory note (the “Working Capital Promissory Note” or “Templar Note”) in the principal amount of $500,000 to Templar Sponsor. The Templar Note does not bear interest and the principal balance will be payable on the date on which the Company consummates its initial business combination (the “Maturity Date”). In the event APx consummates its initial business combination, the Templar Sponsor has the option on the Maturity Date to convert up to $1,500,000 of the principal outstanding under the Templar Note into that number of warrants (“Working Capital Warrants”) equal to the portion of the principal amount of the Templar Note being converted divided by $1.00