Company: APXIF
Filing Date: 2025-03-31
Form Type: F-4/A
Source: 0001213900-25-026339
Chunk: 419

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: F-4/A
Chunk 419
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 business combination and APx does not conduct redemptions in connection with the initial business combination pursuant to the tender offer rules, the Existing Governing Documents provide that a Public Shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Exchange Act), will be restricted from seeking Redemption Rights with respect to more than an aggregate of 15% of the Excess Shares. However, APx would not restrict its shareholders’ ability to vote all of their shares (including Excess Shares) for or against APx’s initial business combination. Redemption of Public Shares and Liquidation if No Business Combination If APx is unable to complete an initial business combination by the Extended Date, we will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares, at a per -shareprice, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account (less taxes payable and up to $100,000 of interest income to pay dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any) and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and our board of directors, liquidate and dissolve, subject in the case of clauses (ii) and (iii) to our obligations under Cayman Islands law to provide for claims of creditors and in all cases 221

subject to the other requirements of applicable law. There will be no redemption rights or liquidating distributions with respect to our warrants, which will expire worthless if we fail to complete our initial business combination by the Extended Date. Employees APx currently has two executive officers: Kyle Bransfield, our chief executive officer, and Xavier Martinez, our chief financial officer. These individuals are not obligated to devote any specific number of hours to APx’s matters but they intend to devote as much of their time as they deem necessary to APx’s affairs until APx has completed its initial business combination. The amount of time APx will devote in any time period will vary based on whether a target business has been selected for its initial business combination and the stage of the Business Combination. APx does not intend to have