Company: APXIF
Filing Date: 2025-07-03
Form Type: F-4/A
Source: 0001213900-25-061545
Chunk: 254

Company: APx Acquisition Corp. I
Filing Date: 2025-07-03
Form: F-4/A
Chunk 254
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 on deposit in the Trust Account (including any interest earned on the funds held in the Trust Account) remaining after payment in full of the SPAC Shareholder Redemption Amount, relative to each respective scenario, considering a price of $10 per share. See “ Certain Agreements Related to the Business Combination — Backstop Agreement.” Contributions performed under the Backstop Agreement were calculated as disclosed below: (a)Scenario 1: Considering that the balance in the Trust Account, including accrued interest receivable, is $6,268,825, the contribution under the Backstop Agreement amounts to $3,731,170. At a price of $10 per share, this contribution results in the issuance of 373,117shares. (b)Scenario 2:Considering that the balance in the Trust Account, including accrued interest receivable, is $3,134,413, the contribution under the Backstop Agreement amounts to $6,865,580. At a price of $10 per share, this contribution results in the issuance of 686,558shares. (c)Scenario 3: Considering that there is no balance in the Trust Account due to maximum redemptions, the contribution under the Backstop Agreement amounts to $10,000,000. At a price of $10 per share, this contribution results in the issuance of 1,000,000shares. Share premium resulting from the different combinations of Public shareholders redemptions and contributions under the Backstop Agreement does not differ across the different scenarios. Said Share premium is calculated as the difference between the equity increase and the par value of the issued shares. For more information, see the “Share Premium” section. (2)Reflects the exchange of Sponsor Shares (4,312,500 Class B ordinary shares) for Company Shares, considering the par value of $0.0001 per share, as part of the Business Combination. Therefore, the net adjustment in share capital results from: (i) the elimination of APx’s share capital for $431.25 for consolidation purposes; and (ii) recognition of Company Shares to be issued to Sponsor shareholders for $431.25. Additionally, the adjustment in share premium results from recognition of share premium derived from the issuance of Company Shares to Sponsor shareholders for ($6,171,846) (considering the difference between the book value of the net assets of APx before considering the adjustment described in Note (1), (which amounts to $6,171,846) and the par value of $431.25 of