Company: APXIF
Filing Date: 2025-07-03
Form Type: F-4/A
Source: 0001213900-25-061545
Chunk: 200

Company: APx Acquisition Corp. I
Filing Date: 2025-07-03
Form: F-4/A
Chunk 200
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 be able to meet Nasdaq’s initial listing requirements via the consummation of the Business Combination, there can be no guarantee that Nasdaq will approve such initial listing application, which may delay, or ultimately prevent the consummation of the proposed Business Combination. If we are unable to consummate the Business Combination or any other business combination and are forced to liquidate, our investors would not be able to realize the benefits of owning shares in a successor operating business, including the potential appreciation in the value of our securities following such a transaction, and any Public Warrants held by our investors would expire worthless. The Initial Shareholders have agreed to vote in favor of the Business Combination, regardless of how the Public Shareholders vote. The Initial Shareholders own 89.2% of APx’s issued and outstanding ordinary shares. The Initial Shareholders also may from time to time purchase Public Shares prior to the consummation of the Business Combination. The approval of the Business Combination Proposal requires an ordinary resolution under the 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 approval of the Cayman Merger 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. The Business Combination Proposal and the Cayman Merger Proposal are each conditioned upon each other. Pursuant to the IPO Letter Agreement, the Initial Shareholders have agreed to vote in favor of the adoption and approval of the Business Combination. As a result: •the agreement by our Initial Shareholders to vote in favor of the Business Combination Proposal will increase the likelihood that we will receive the requisite shareholder approval for the Business Combination Proposal. If all Founders Shares are voted in favor of the Business Combination Proposal, none of the 520,056 Public Shares outstanding need to be voted in favor of the Business Combination Proposal (assuming all outstanding shares are voted) in order to have the Business Combination Proposal approved, assuming all shares are voted; and •the agreement by our Initial Shareholders and our officers and directors to vote in favor of the Cayman Merger Proposal will increase the likelihood that we will receive the requisite shareholder approval for the Cayman Merger Proposal. If all Founders Shares are voted in favor of the Cay