secwatch.observer — SEC 8-K summary
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Issuer:     APx Acquisition Corp. I (—)
CIK:        0001868573
Form:       8-K
Filed at:   2024-03-29T23:59:59+00:00
Accession:  0001193125-24-082167
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

APx Acquisition Corp. I enters definitive business combination agreement with OmnigenicsAI and MultiplAI Health
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- SPAC APXI to merge with OmnigenicsAI; each SPAC share exchanged for one OmnigenicsAI ordinary share.
- Backstop agreement provides up to $10M from Theo I SCSp to cover any shortfall in trust cash plus PIPE.
- Closing conditions include shareholder approval, SEC registration effectiveness, Nasdaq listing, and at least $5M net tangible assets.
- Sponsor and Parent (Heritas) entered voting and support agreement to vote in favor of the business combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868573/000119312524082167/0001193125-24-082167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868573/000119312524082167/d808624d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-082167

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