secwatch.observer — SEC 8-K summary
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Issuer:     APx Acquisition Corp. I (—)
CIK:        0001868573
Form:       8-K
Filed at:   2023-06-01T23:59:59+00:00
Accession:  0001193125-23-159040
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

APx Acquisition Corp I deposits $750k to extend SPAC deadline to Sept 9, 2023
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- Issued $750k promissory note to Grupo Promotor de Desarrollo e Infraestructura; interest paid in warrants.
- Funds deposited into trust account to extend termination date by 3 months from June 9 to Sept 9, 2023.
- Note due on earlier of business combination or Dec 31, 2023; interest-in-kind warrants identical to IPO private placement warrants.
- Extension provides additional time to complete a business combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868573/000119312523159040/0001193125-23-159040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868573/000119312523159040/d484394d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-159040

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer