Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 299

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 299
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, ensuring compliance with financial reporting standards. SPAC maintained the Trust Account in accordance with the Trust Agreement. SPAC complied with tax obligations, having timely filed accurate tax returns and no unresolved disputes. Its shares and warrants had been duly issued without unauthorized claims or liens. On the date of the Business Combination Agreement, Merger Sub represented to SPAC that Merger Sub represented that it was duly incorporated and validly existing as an exempted company under Cayman Islands law, empowered to manage its properties and conduct its business as it was being conducted. The Governing Documents were provided to SPAC and remained effective without violations. It was licensed and in good standing in relevant jurisdictions unless non -compliancewould not materially affect its financial conditions or transaction abilities. The execution and consummation of the Agreement were duly authorized by the board of directors and the sole shareholder, constituting a binding obligation unless affected by enforceability exceptions. It represented that no conflicts arose from its Governing Documents, laws, or contracts that would materially prevent transaction obligations. Compliance with applicable laws and possession of necessary permits were confirmed. No significant legal proceedings were pending against Merger Sub that would materially affect its transaction obligations or business operations. All necessary governmental consents were either obtained or their absence deemed non -material. Its capitalization was stated as one outstanding share, issued freely and compliant with laws, and Merger Sub affirmed it had no outstanding obligations or subsidiary interests. Merger Sub had no broker fees payable and had conducted no business other than facilitating the merger, maintaining no liabilities or benefits plans that could interfere with the intended tax treatment. Information for the Proxy/Registration Statement was provided without misrepresentations, and Merger Sub undertook its due diligence regarding SPAC’s disclosures. Material Adverse Effect With respect to the Company, “Company Material Adverse Effect” as used in the Business Combination Agreement means any event, state of facts, development, circumstance, occurrence or effect that (i) has had, or would reasonably be expected to have, individually or in the aggregate, a material adverse effect on the business, assets and liabilities, results of operations or financial condition of the Company, taken as a whole or (ii) does or would reasonably be expected to, individually or in the aggregate, prevent or materially delay or materially adversely affect the ability of the Company to consummate the Transactions; provided, however, that in no event would any of the following, alone or in combination, be deemed to constitute, or be taken into account in determining whether there has been or will be