Company: APXIF
Filing Date: 2025-07-03
Form Type: F-4/A
Source: 0001213900-25-061545
Chunk: 232

Company: APx Acquisition Corp. I
Filing Date: 2025-07-03
Form: F-4/A
Chunk 232
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 exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor internal controls attestation requirements of Section 404 of the Sarbanes -OxleyAct, reduced disclosure obligations regarding executive compensation in APx’s periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. As a result, APx Shareholders may not have access to certain information they may deem important. APx could be an emerging growth company for up to five years, although circumstances could cause APx to lose that status earlier, including if the market value of the SPAC Class A Ordinary Shares held by non -affiliatesexceeds $700 million as of any June 30 before that time, in which case APx would no longer be an emerging growth company as of the following December 31. APx cannot predict whether investors will find its securities less attractive because it will rely on these exemptions. If some investors find APx Securities less attractive as a result of APx’s reliance on these exemptions, the trading prices of APx Securities may be lower than they otherwise would be, there may be a less active trading market for APx Securities and the trading prices of APx Securities may be more volatile. Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non -emerginggrowth companies but any such an election to opt out is irrevocable. APx has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, APx, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of our financial statements with another public company 95 which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in