Company: APXIF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026189
Chunk: 1

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 1
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 can be no assurance
that future developments affecting us will be those that we have anticipated. These forward-looking statements involve a number of risks,
uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially
different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited
to, those factors described under the heading “Risk Factors” in this Annual Report. Should one or more of these risks or uncertainties
materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these
forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required under applicable securities laws.

ii

Summary of Risk Factors 

Our business is subject to numerous risks and
uncertainties, including those highlighted in the section titled “Risk Factors,” that represent challenges that we face in
connection with the successful implementation of our strategy. The occurrence of one or more of the events or circumstances described
in the section titled “Risk Factors,” alone or in combination with other events or circumstances, may adversely affect our
ability to effect a business combination, including the Proposed Business Combination, and may have an adverse effect on our business,
cash flows, financial condition and results of operations. Such risks include, but are not limited to:

●we are a blank check company
with no operating history and no revenues;

●our ability to continue as
a “going concern;”

●The Proposed Business Combination
is subject to the satisfaction of certain conditions, which may not be satisfied on a timely basis;

●you will not have any rights
or interests in funds from the Trust Account, except under certain limited circumstances;

●negative interest rate for
securities in which we invest the funds held in the Trust Account;

●our shareholders may be held
liable for claims by third parties against us;

●if third parties bring claims
against us, the funds held in the Trust Account could be reduced and the per-share redemption amount received by shareholders may be
less than $10.20 per share;

●subsequent to completion of
our initial business combination, we may be required to take write-downs or write-offs, restructuring and impairment or other charges;

●conflicts of interest of our
Sponsors (as defined herein), officers and directors;

●our public shareholders may
not be afforded an