Company: APXIF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026189
Chunk: 266

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 266
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 on the other. In addition, our amended and restated articles of association will contain
provisions to exculpate and indemnify, to the maximum extent permitted by law, such persons in respect of any liability, obligation or
duty to our company that may arise as a consequence of such persons becoming aware of any business opportunity or failing to present
such business opportunity.

In addition, our Sponsors and our officers and
directors may sponsor or form other special purpose acquisition companies similar to ours or may pursue other business or investment
ventures during the period in which we are seeking an initial business combination. Any such companies, businesses or investments may
present additional conflicts of interest in pursuing an initial business combination. However, we do not believe that any such potential
conflicts would materially affect our ability to identify and pursue business combination opportunities or to complete our initial business
combination.

For a complete discussion of our officers’
and directors’ business affiliations and the potential conflicts of interest that you should be aware of, please see Item 10-”Directors,
Executive Officers and Corporate Governance-Conflicts of Interest.”

Our officers, directors, security holders and their respective
affiliates may have competitive pecuniary interests that conflict with our interests. 

We have not adopted a policy that expressly prohibits
our directors, officers, security holders or affiliates from having a direct or indirect pecuniary or financial interest in any investment
to be acquired or disposed of by us or in any transaction to which we are a party or have an interest. In fact, we may enter into a business
combination with a target business that is affiliated with our Sponsors, our directors or officers or funds managed by certain of our
affiliates, although we do not intend to do so. Nor do we have a policy that expressly prohibits any such persons from engaging for their
own account in business activities of the types conducted by us. Accordingly, such persons or entities may have a conflict between their
interests and ours.

The personal and financial interests of our directors
and officers may influence their motivation in timely identifying and selecting a target business and completing a business combination.
Consequently, our directors’ and officers’ discretion in identifying and selecting a suitable target business may result
in a conflict of interest when determining whether the terms, conditions and timing of a particular business combination are appropriate
and in our shareholders’ best interest. If this were the case, and the directors fail to act in accordance with their fiduciary
dut