Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 210

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 210
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 was formed for the purpose of completing an initial business combination with one or more businesses. Since its inception, APx’s business has been and will continue to be focused on identifying and completing an initial business combination, and thereafter, operating the post -transactionbusiness or assets for the long term. Further, APx does not plan to buy businesses or assets with a view to resale or profit from their resale and APx does not plan to buy unrelated businesses or assets or to be a passive investor. In addition, the proceeds held in the Trust Account are invested in United States “government securities” within the meaning of Section 2(a)(16) of the Investment Company Act having a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a -7promulgated under the Investment Company Act which invest only in direct U.S. government treasury obligations. While, to mitigate the potential risk that APx might be deemed to be an investment company for purposes of the Investment Company Act, APx may instruct the trustee to liquidate such investments and move the proceeds to an interest -bearingdemand deposit account, APx has not yet done so. Pursuant to the Investment Management Trust Agreement, the trustee is not permitted to invest in other securities or assets than those described above. By restricting the investment of the proceeds in this manner, and by focusing our directors’ and officers’ time toward, and operating its business for the purpose of, acquiring and growing businesses for the long term (rather than buying and selling businesses in the manner of a merchant bank or private equity fund or investing in assets for the purpose of achieving investment returns on such assets), APx intends to avoid being deemed an “investment company” within the meaning of the Investment Company Act. Additionally, investing in APx’s 84 securities is not intended for persons who are seeking a return on investments in government securities or investment securities. Instead, the Trust Account is intended as a holding place for funds pending the earliest to occur of either: (i) the completion of APx’s initial business combination; (ii) the redemption of any Public Shares properly submitted in connection with a shareholder vote to amend the Existing Governing Documents (A) to modify the substance or timing of its obligation to allow redemption in connection ‘with APx’s initial business combination or to redeem 100% of the Public Shares if APx does not complete its initial business combination by the Extended Date or (B) with respect to any other material provisions relating to shareholders’ rights or pre -initial