Company: APXIF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026189
Chunk: 1582

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9
Chunk 1582
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 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 (“Templar”),
our co-sponsor, is the record holder of such shares. Kyle Bransfield is the managing member of Templar, and as such, has voting and investment
discretion with respect to the ordinary shares held of record by Templar and may be deemed to share beneficial ownership of the ordinary
shares held by Templar. Mr. Bransfield disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary
interest he may have therein, directly or indirectly. The principal business address of Templar is 714 Westview Avenue, Nashville, Tennessee
37205.

(3)Does not include any shares
indirectly owned as a result of a direct or indirect membership interest in the Sponsor.

(4)Shares beneficially owned are
based on Scheduled 13G filed with the SEC on September 30, 2024 by Mizuho Financial Group, Inc, which information has not been independently
confirmed. The principal business address of Mizuho Financial Group, Inc. is 1-5-5, Otemachi, Chiyoda-ku, Tokyo 100-8176, Japan.

Our Sponsors beneficially owns approximately
89.2% of the issued and outstanding Class A ordinary shares as of March 31, 2025. Because of this ownership block, our Sponsors may
be able to effectively influence the outcome of all other matters requiring approval by our shareholders, including amendments to our
Articles and approval of significant corporate transactions including our initial business combination.

Our