Company: APXIF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026189
Chunk: 1857

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9C
Chunk 1857
---
 Braatz(1) 
     -  
     - 
  
    Xavier Martinez(1) 
     -  
     - 
  
    Alfred Varo Alonso(1) 
     -  
     - 
  
    Fara Remtulla 
     -  
     - 
  
    Daniel Mudd 
     -  
     - 
  
    Thomas P.M. Barry 
     -  
     - 
  
    All directors and executive officers as a group (7 individuals) after Effective Date 
     4,272,500  
     89.2%
  
    Greater than 5% holders 

    Mizuho Financial Group, Inc.(4) 
     792,581  
     16.4%

*Less than one percent

61

(1)APx Cap Sponsor Group I, LLC,
our co-sponsor, is the record holder of such shares, is controlled by its managing member, APx Cap Holdings I, LLC. APx Cap Holdings
I, LLC’s board of directors consists of three members. Each director of APx Cap Holdings I, LLC has one vote, and the approval
of the members of the board of directors is required to approve an action of APx Cap Holdings I, LLC. Under the so-called “rule
of three,” if voting and dispositive decisions regarding an entity’s securities are made by two or more individuals, and
a voting and dispositive decision requires the approval of a majority of those individuals, then none of the individuals is deemed a
beneficial owner of the entity’s securities. This is the situation with regard to APx Cap Holdings I, LLC. Based upon the foregoing
analysis, no individual manager of APx Cap Holdings I, LLC exercises voting or dispositive control over any of the securities held by
APx Cap Holdings I, LLC even those in which he directly holds a pecuniary interest. Accordingly, none of them will be deemed to have
or share beneficial ownership of such shares and, for the avoidance of doubt, each expressly disclaims any such beneficial interest to
the extent of any pecuniary interest he may have therein, directly or indirectly. The business address of each of APx Cap and the individuals
listed herein is Juan Salvador Agraz 65, Contadero, Cuajimalpa de Morelos, 05370, Mexico City, Mexico.

(2)Templar, LLC (“Tem