Company: APXIF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026189
Chunk: 1858

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9C
Chunk 1858
---
plar”),
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 Sponsors have agreed (a) to vote any founder
shares and public shares held by it in favor of any proposed business combination and (b) not to redeem any founder shares or public
shares held by it in connection with a shareholder vote to approve a proposed initial business combination.

Our Sponsors and our officers and directors are
deemed to be our “promoters” as such term is defined under the federal securities laws. See Item 13-”Certain Relationships
and Related Transactions, and Director Independence-Related Party Policy” for additional information regarding our relationships
with our promoters.

Equity Compensation Plans 

As of December 31, 2024, we had no compensation
plans (including individual compensation arrangements) under which equity securities were authorized for issuance.

62

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS,
AND DIRECTOR INDEPENDENCE. 

Related Party Transactions 

Founder Shares 

On May 21, 202