Company: APXIF
Filing Date: 2025-01-22
Form Type: F-4
Source: 0001213900-25-005463
Chunk: 63

Company: APx Acquisition Corp. I
Filing Date: 2025-01-22
Form: F-4
Chunk 63
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 outstanding need to be voted in favor of the Cayman Merger Proposal (assuming all outstanding shares are voted) in order to have the Cayman Merger Proposal approved. • Charter Amendment Proposal:The approval of the Charter Amendment Proposal requires a special resolution under APx’s Existing Governing Documents, 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. APx’s shareholders must approve the Charter Amendment Proposal in order for the Business Combination to occur. If APx’s shareholders fail to approve the Charter Amendment Proposal, the Business Combination will not occur. Pursuant to the IPO Letter Agreements and as further discussed in the section entitled “ Certain Agreements Related to the Business Combination — Voting and Sponsor Support Agreement,” the Initial Shareholders and APx’s officers and directors have agreed to vote shares representing approximately 89.2% of the aggregate voting power of the ordinary shares in favor of the Charter Amendment Proposal. Accordingly, the agreement by our Initial Shareholders and our officers and directors to vote in favor of the Charter Amendment Proposal will increase the likelihood that we will receive the requisite shareholder approval for the Charter Amendment Proposal. If all Founders Shares are xxii voted in favor of the Charter Amendment Proposal, none of the 520,056 Public Shares outstanding need to be voted in favor of the Charter Amendment Proposal (assuming all outstanding shares are voted) in order to have the Charter Amendment Proposal approved. • Adjournment Proposal:The approval of the Adjournment Proposal requires an ordinary resolution under APx’s Existing Governing Documents, being the affirmative vote of the holders of a simple majority of the ordinary shares who, being present in person or by proxy and entitled to vote at the Special Meeting, vote at the Special Meeting. The Adjournment Proposal is not conditioned upon any other Shareholder Proposal. Q:What are the recommendations of the APx Board? A:The APx Board believes that the Business Combination Proposal and the other proposals to be presented at the Special Meeting are in the best interest of APx’s shareholders and unanimously recommends that our shareholders vote “FOR” the Business Combination Proposal, “FOR” the Cayman Merger Proposal, “FOR” the Charter Amendment Proposal and “FOR” the Adjournment Proposal, if presented to the Special Meeting. The existence of financial and personal interests of APx’s directors and officers may result in conflicts of interest, including a conflict between what may be in the best