Company: APXIF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026189
Chunk: 557

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 557
---
 operations

    (2,612,483
    )

    (1,744,855
    )

    Other income (expense):

    Interest earned on investments in Trust Account

    3,056,533

    4,024,613

    One-time advisory fee

    -

    1,625,000

    Gain on settlement of debt

    -

    117,373

    Interest expense

    (35,857
    )

    (82,345
    )
  
    Change in fair value of warrant liabilities

    (527,250
    )

    (562,277
    )
  
    Gain on settlement of trade payables

    -

    878,886

    Total Other Income (expense), net

    2,493,426

    6,001,250

    Net (loss) income
     
    $
    (119,057
    )
     
    $
    4,256,395

    Weighted average shares outstanding of Class A ordinary shares, redeemable

    5,222,899

    8,018,829

    Basic and diluted net (loss) income per share, Class A ordinary shares, redeemable
     
    $
    (0.01
    )
     
    $
    0.35

    Weighted average shares outstanding, Class A and Class B ordinary shares, non-redeemable

    4,312,500

    4,312,500

    Basic and diluted net (loss) income per share, Class A and Class B ordinary shares, non-redeemable
     
    $
    (0.01
    )
     
    $
    0.35

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

F-4

APX ACQUISITION CORP. I 

STATEMENTS OF CHANGES IN SHAREHOLDERS’
DEFICIT 

FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023

    Class A Common Shares  
    Class B Common Shares  
    Additional Paid-in  
    Accumulated  
    Total Shareholders’ 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
    Deficit 
  
    Balance-December 31, 2023 
     4,312,500  
    $