Company: APXIF
Filing Date: 2025-03-31
Form Type: F-4/A
Source: 0001213900-25-026339
Chunk: 446

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: F-4/A
Chunk 446
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 agreement under the guidance of ASC 842, Leases, and determined that this agreement did not meet the definition of a lease. In connection with the Sponsor Alliance Transaction, the Company and the Initial Sponsor terminated the administrative services agreement as of the end of the September 2023, and the Company ceased paying these monthly fees. Amended and Restated Limited Liability Company Agreement On March 25, 2024, the Sponsor and Theo entered into an amended and restated limited liability company agreement (the “Amended and Restated LLC Agreement”) of Templar Subco, which supersedes the initial agreement dated March 15, 2024. In addition to the provisions relating to the operational framework of Templar Subco, the Amended and Restated LLC Agreement provides for capital contributions made by the Sponsor and Theo, the latter in exchange for services under the Backstop Agreement relating to the Business Combination. Further, pursuant to the Amended and Restated LLC Agreement, Templar Subco will distribute funds to its members following certain liquidity events, including the transfer or sale of Company Shares. In respect of the distributions under the Amended and Restated LLC Agreement, all distributions shall be directed at the Sponsor until the contribution made by the Sponsor to Templar Subco is fully returned. Upon the closing of transactions under the Business Combination, distributions are made to Theo in the amount of up to $2,100,000 or relating to the sale of up to 210,000 Company Shares. The Amended and Restated LLC Agreement also provides for distributions to Theo of up to 50% of the Backstop Amount, capped at $5,000,000, in the event that Theo funds its Backstop Commitment. Any remaining funds are then distributed to the Sponsor. As of the date of the Amended and Restated LLC Agreement, the Sponsor and Theo are the sole members of Templar Subco. 236

Management of the Company After the Business Combination References in this section to “we”, “our”, “us” and the “Company” generally refer to OmnigenicsAI and its combined subsidiaries, after giving effect to the Business Combination. Management and Board of Directors The following table sets forth the persons SPAC and the Company anticipate will become the executive officers and directors of the Company. For biographical information concerning the directors, see below.

| Name                   |     | Age |     | Title                   |
| Executive Officers(1): |     |     |     |                         |
| Marius Calmet(2)