Company: APXIF
Filing Date: 2025-01-22
Form Type: F-4
Source: 0001213900-25-005463
Chunk: 455

Company: APx Acquisition Corp. I
Filing Date: 2025-01-22
Form: F-4
Chunk 455
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 reports and materials); and •at least one year has elapsed from the time that the issuer filed Form 20 -Ftype information with the SEC, which is expected to be filed promptly after completion of the Business Combination, reflecting its status as an entity that is not a shell company. Rule 701 In general, under Rule 701 of the Securities Act as currently in effect, each of the Company’s employees, consultants or advisors who purchases equity shares from the Company in connection with a compensatory share plan or other written agreement executed prior to the completion of the Business Combination is eligible to resell those equity shares in reliance on Rule 144, but without compliance with some of the restrictions, including the holding period, contained in Rule 144. However, the Rule 701shares would remain subject to lock -uparrangements and would only become eligible for sale when the lock -upperiod expires. 251

Security Ownership of Certain Beneficial Owners and Management APx The following table sets forth information regarding the beneficial ownership of SPAC Ordinary Shares as of the record date based on information obtained from the persons named below, with respect to the beneficial ownership of shares of SPAC, by: •each person known by SPAC to be the beneficial owner of more than 5% of the outstanding shares; •each of SPAC’s executive officers and directors that beneficially owns ordinary shares; and •all of SPAC’s officers and directors as a group. The Sponsor and SPAC’s directors, officers, advisors or their affiliates may purchase SPAC Ordinary Shares in privately negotiated transactions or in the open market prior to the completion of the Business Combination, although they are under no obligation to do so and they have no current plans to do so. Such a purchase may include a contractual acknowledgement that such shareholder, although still the record holder of such shares, is no longer the beneficial owner thereof and therefore agrees not to exercise its redemption rights. In the event that the Sponsor and SPAC’s directors, officers, advisors or their affiliates purchase shares in privately negotiated transactions from SPAC Shareholders who have already elected to exercise their redemption rights, such selling shareholders would be required to revoke their prior elections to redeem their shares. Any such transaction would be separately negotiated at the time of the transaction. The consideration for any such transaction would consist of cash and/or SPAC Ordinary Shares owned by the Sponsor and/or SPAC’s directors, officers, advisors, or their affiliates. The purpose of such purchases could be to vote such shares in favor of the Business Combination and thereby increase