Company: APXIF
Filing Date: 2025-01-22
Form Type: F-4
Source: 0001213900-25-005463
Chunk: 340

Company: APx Acquisition Corp. I
Filing Date: 2025-01-22
Form: F-4
Chunk 340
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 of such merger. Vote Required for Approval This Cayman Merger Proposal requires a special resolution under Cayman Islands law, being the affirmative vote of the holders of at least two -thirdsof the ordinary shares who, being present in person or by proxy and entitled to vote at the Special Meeting, vote at the Special Meeting. Failure to submit a proxy or to vote in person or virtually at the Special Meeting, or an abstention from voting, will have no effect on the Cayman Merger Proposal. The Closing is conditioned on the adoption of the Cayman Merger Proposal. The Cayman Merger Proposal is conditioned upon the adoption of the Business Combination Proposal and the Charter Amendment Proposal. Recommendation of the APx Board THE APx BOARD UNANIMOUSLY RECOMMENDS THAT SHAREHOLDERS
VOTE “FOR” THE APPROVAL OF THE CAYMAN MERGER PROPOSAL. 172 Proposal No. 3 — The Charter Amendment Proposal Overview In connection with the Business Combination, APx is requesting that its shareholders vote upon a proposal to approve by special resolution an amendment to its Existing Governing Documents to provide that the requirement that net tangible assets of APx be no less than $5,000,001 in order to complete a business combination or redeem Public Shares (the “Asset Test”) may be measured based on the net tangible assets of APx or the combined company following a business combination. A copy of the proposed amendments to APx’s Existing Governing Documents is attached to this proxy statement/prospectus as Annex C. Resolution to be Voted Upon The full text of the resolution to be proposed is as follows: “RESOLVED, as a special resolution, that the amended and restated memorandum and articles of association of the Company be amended by: (i)the deletion of the existing Article 49.2 in its entirety and the insertion of the following language in its place: 49.2 Prior to the consummation of a Business Combination, the Company shall either: (a)submit such Business Combination to its Members for approval; or (b)provide Members with the opportunity to have their Shares repurchased by means of a tender offer for a per -Sharerepurchase price payable in cash, equal to the aggregate amount then on deposit in the Trust Account, calculated as of two business days prior to the consummation of such Business Combination, including interest earned on the Trust Account (net of taxes paid or payable, if any), divided by the number of then issued Public Shares.