Company: APXIF
Filing Date: 2025-01-22
Form Type: F-4
Source: 0001213900-25-005463
Chunk: 555

Company: APx Acquisition Corp. I
Filing Date: 2025-01-22
Form: F-4
Chunk 555
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     |   |            — |   |
| Interest expense                                                                            |     |   |      (82,345 | ) |     |   |            — |   |
| Change in fair value of warrant liabilities                                                 |     |   |     (562,277 | ) |     |   |   11,704,950 |   |
| Gain on settlement of trade payables                                                        |     |   |      878,886 |   |     |   |            — |   |
| Total Other Income (expense), net                                                           |     |   |    6,001,250 |   |     |   |   14,533,250 |   |
| Net income                                                                                  |     | $ |    4,256,395 |   |     | $ |   13,414,455 |   |
| Weighted average shares outstanding of Class A ordinary shares, redeemable                  |     |   |    8,018,829 |   |     |   |   17,250,000 |   |
| Basic and diluted net income per share, Class A ordinary shares, redeemable                 |     | $ |         0.35 |   |     | $ |         0.62 |   |
| Weighted average shares outstanding, Class A and Class B ordinary shares, non-redeemable    |     |   |    4,312,500 |   |     |   |    4,312,500 |   |
| Basic and diluted net income per share, Class A and Class B ordinary shares, non-redeemable |     | $ |         0.35 |   |     | $ |         0.62 |   |

The accompanying notes are an integral part of the financial statement.

F-64

APX ACQUISITION CORP. I
STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICIT
FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022

|                                                                            |     | Class A       
 Common Shares 
 Shares        |     | Amount |   |     |       Class B 
 Common Shares 
        Shares |     | Amount |     |     | Additional 
 Paid-in    
 Capital    |   |     | Accumulated  
 Deficit      
 (As revised) |             |   |     | Total         
 Shareholders’ 
 Deficit       
 (As revised)  |             |   |
|:---------------------------------------------------------------------------|:----