Company: APXIF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026189
Chunk: 320

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 320
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, management
has concluded that our audited financial statements included in this Annual Report are fairly stated in all material respects in accordance
with GAAP for each of the periods presented therein.

This Report does not include an attestation report
of internal controls from our independent registered public accounting firm due to our status as an emerging growth company under the
JOBS Act.

Remediation Plan 

The Chief Executive Officer and Chief Financial
Officer performed additional post-closing review procedures including reviewing historical filings and consulting with subject matter
experts related to the accounting for warrant liabilities. The Company’s management has expended, and will continue to expend,
a substantial amount of effort and resources for the remediation and improvement of our internal control over financial reporting. While
we have processes to properly identify and evaluate the appropriate accounting technical pronouncements and other literature for all
significant or unusual transactions, we have improved, and will continue to improve, these processes to ensure that the nuances of such
transactions are effectively evaluated in the context of the increasingly complex accounting standards.

The elements of our remediation plan can only
be accomplished over time, and we can offer no assurance that these initiatives will ultimately have the intended effects.

Changes in Internal Control Over Financial Reporting 

Other than the matters discussed above, there
was no change in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) that
occurred during the fiscal quarter ended December 31, 2024 covered by this Annual Report that has materially affected, or is reasonably
likely to materially affect, our internal control over financial reporting.

ITEM 9B. OTHER INFORMATION. 

None.

ITEM 9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT
PREVENT INSPECTIONS. 

None.

54

PART III 

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.

Directors and Executive Officers 

Our officers and directors are as follows:

    Name
     
    Age
     
    Title
  
    Kyle Bransfield
     
    40
     
    Chief Executive Officer and Chairman of the Board of Directors
  
    Xavier Martinez
     
    33
     
    Chief Financial Officer
  
    Daniel Braatz
     
    41
     
    Director
  
    Alfredo Vara Alonso
     
    56
     
    Director
  
    Fara Remtulla