Company: APXIF
Filing Date: 2025-07-03
Form Type: F-4/A
Source: 0001213900-25-061545
Chunk: 479

Company: APx Acquisition Corp. I
Filing Date: 2025-07-03
Form: F-4/A
Chunk 479
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 the Cayman Companies Act. Company Shares The Company is a Cayman Islands exempted company and its affairs upon Closing will be governed by the Company M&A, the Cayman Companies Act and the common law of the Cayman Islands. Under the Company M&A, the authorized share capital of the Company is $50,000 divided into 500,000,000 Company Shares of par value $0.0001 each. There are no sinking fund provisions applicable to the Company Shares. As of the date of this proxy statement/prospectus, there are 30,000,000 Company Shares issued and outstanding. Options As of the date of this proxy statement/prospectus, there are no outstanding options of the Company and it has not adopted a share option plan. Variation of Rights of Shares If our share capital is divided into more than one class of shares, the rights attached to any such class (unless otherwise provided by the terms of issue of the shares of that class) may, whether or not we are being wound up, be varied without the consent of the holders of the issued shares of that class where such variation is considered by the directors not to have a material adverse effect upon such rights; otherwise, any such variation shall be made only with the consent in writing of the holders of not less than two thirds of the issued shares of that class or with the approval of a resolution passed by a majority of not less than two thirds of the votes cast at a separate meeting of the holders of the shares of that class. Dividends Subject to any rights and restrictions for the time being attached to any Company Shares, or as otherwise provided for in the Cayman Companies Act and the Company M&A, the payment of cash dividends in the future, if any, will be at the discretion of the Company Board and will depend upon such factors as earnings levels, capital requirements, contractual restrictions, the Company’s overall financial condition, available distributable reserves and any other factors deemed relevant by the Company’s board of directors. Under Cayman Islands law, a Cayman Islands company may pay a dividend out of either profits (including retained earnings) or share premium, provided that in no circumstances may a dividend be paid if this would result in the Company being unable to pay its debts as they fall due in the ordinary course of its business. 251 Even if the Company’s board of directors decides to pay dividends, the form, frequency and amount will depend upon the Company’s future operations and earnings, capital requirements and surplus, general financial condition, contractual restrictions and other