Company: APXIF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026189
Chunk: 98

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 98
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RESOLVED STAFF COMMENTS. 

None.

ITEM IC. CYBERSECURITY. 

Although, as a blank check company, we do not have any operations,
we are nonetheless subject to the risk of cybersecurity incidents. Among other things, the investments in our Trust Account and bank deposits
may be vulnerable to such incidents, and we may depend on the digital technologies of third parties. We and third parties may be subject
to cybersecurity attacks or security breaches. To the extent that we rely on the technologies of third parties, we depend upon the personnel
and the processes of such third parties to protect against cybersecurity incidents, and we have no personnel or processes of our own for
this purpose. In the event of a cybersecurity incident impacting us, our management will report to our board of directors and provide
updates on our management’s incident response plan for addressing and mitigating any risks associated with such an incident. As
an early stage company without significant investments in data security protection, we may not be sufficiently protected against such
occurrences. We also lack sufficient resources to adequately protect against, or to investigate and remediate any vulnerability to, cyber
incidents. It is possible that any of these occurrences, or a combination of them, could have material adverse consequences on our business
and lead to financial loss. We have not encountered any cybersecurity incidents since our initial public offering. In addition to our
own cybersecurity risks, any proposed Business Combination target, such as OmnigenicsAI, may have been subject to, or may in the future
be subject to, cybersecurity incidents.

ITEM 2. PROPERTIES. 

We currently maintain our executive offices at
714 Westview Avenue, Nashville, Tennessee 37205. We consider our current office space adequate for our current operations.

ITEM 3. LEGAL PROCEEDINGS. 

As of December 31, 2024, to the knowledge of
our management, there was no material litigation, arbitration or governmental proceeding pending against us or any members of our management
team in their capacity as such, and we and the members of our management team have not been subject to any such proceeding.

ITEM 4. MINE SAFETY DISCLOSURES. 

Not applicable.

45

PART II 

ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED
SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES. 

Market Information 

Our units, Class A ordinary shares and warrants
listed