Company: APXIF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026189
Chunk: 1856

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9C
Chunk 1856
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 will be fully disclosed to shareholders, to the extent then known, in the proxy solicitation materials or
tender offer materials furnished to our shareholders in connection with a proposed initial business combination. We have not established
any limit on the amount of such fees that may be paid by the combined company to our directors or members of management. It is unlikely
the amount of such compensation will be known at the time of the proposed initial business combination, because the directors of the
post-combination business will be responsible for determining officer and director compensation. Any compensation to be paid to our officers
will be determined, or recommended to the board of directors for determination, either by a compensation committee constituted solely
by independent directors or by a majority of the independent directors on our board of directors.

60

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS
AND MANAGEMENT AND RELATED SHAREHOLDER MATTERS. 

We have no compensation plans under which equity
securities are authorized for issuance.

The following table sets forth information regarding
the beneficial ownership of our ordinary shares as of March 31, 2025, by:

●each person known by us to
be a beneficial owner of more than 5% of our issued and ordinary shares;

●each of our executive officers
and directors that beneficially owns ordinary shares; and

●all our executive officers
and directors as a group.

The following table is based on 4,832,556 ordinary
shares outstanding at March 31, 2025, of which 4,832,556 were Class A ordinary shares and none of which were Class B ordinary shares.
Unless otherwise indicated, it is believed that all persons named in the table below have sole voting and investment power with respect
to all ordinary shares beneficially owned by them.

Unless otherwise indicated, the principal business
address for the persons listed below is 714 Westview Avenue, Nashville, Tennessee 37205.

    Class A Ordinary Shares 
  
    Name and Address of Beneficial Owner 
    Beneficially Owned  
    Approximate Percentage of Class Issued and Outstanding Ordinary Shares 
  
    APx Cap Sponsor Group I, LLC(1) 
     970,312  
     20.1%
  
    Templar, LLC(2) 
     3,342,188  
     69.2%
  
    Kyle Bransfield(2) 
     3,342,188  
     69.2%
  
    Daniel