Company: APXIF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026189
Chunk: 87

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 87
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challenges
                                            in managing and staffing international operations;

●longer
                                            payment cycles;

●tax
                                            issues, such as tax law changes and variations in tax laws as compared to the United States;

●currency
                                            fluctuations and exchange controls;

●rates
                                            of inflation;

●challenges
                                            in collecting accounts receivable;

●cultural
                                            and language differences;

●employment
                                            regulations;

●underdeveloped
                                            or unpredictable legal or regulatory systems;

●corruption;

●protection
                                            of intellectual property;

●social
                                            unrest, crime, strikes, riots and civil disturbances;

●regime
                                            changes and political upheaval;

●terrorist
                                            attacks and wars; and

●deterioration
                                            of political relations with the United States.

We may not be able to adequately address these
additional risks. If we were unable to do so, we may be unable to complete such initial business combination, or, if we complete such
initial business combination, our operations might suffer, either of which may adversely impact our business, financial condition and
results of operations.

If our management following our initial business combination
is unfamiliar with United States securities laws, they may have to expend time and resources becoming familiar with such laws, which
could lead to various regulatory issues. 

Following our initial business combination, our
management may resign from their positions as officers or directors of the company and the management of the target business at the time
of the business combination will remain in place. Management of the target business may not be familiar with United States securities
laws. If new management is unfamiliar with United States securities laws, they may have to expend time and resources becoming familiar
with such laws. This could be expensive and time-consuming and could lead to various regulatory issues which may adversely affect our
operations.

40

After our initial business combination, substantially all of
our assets may be located in a foreign country and substantially all of our revenue will be derived from our operations in such country.
Accordingly, our results of operations and prospects will be subject, to a significant extent, to the economic, political and legal policies,
developments and conditions in the country in which we operate. 

The economic, political and social conditions,
as well as government policies, of the country in which our operations are located could affect our business. Economic growth could be
uneven, both geographically and among various sectors of the economy and such growth may not be sustained in the future. If in the future