Company: APXIF
Filing Date: 2025-07-03
Form Type: F-4/A
Source: 0001213900-25-061545
Chunk: 188

Company: APx Acquisition Corp. I
Filing Date: 2025-07-03
Form: F-4/A
Chunk 188
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 shares. Provisions in the Company M&A may have the effect of delaying or preventing a change of control or changes in our management. The Company M&A will include provisions that: •authorize our directors to allot, grant options over or otherwise deal with any unissued shares with or without preferred, deferred or other special rights or restrictions, without further action by the shareholders; •authorize our directors to appoint additional directors to office for such period and on such terms, including as to remuneration, as they think fit; •provide that vacancies on our board of directors may, except as otherwise required by law, be filled only by an ordinary resolution passed by a simple majority of shareholder members or by the directors; and •require a super -majorityof votes to amend certain of the above -mentionedprovisions as well as to amend our articles of association generally. Certain provisions of the Company M&A may make a change in control of us more difficult to effect. The Company M&A will provide for a staggered board of directors consisting of three classes of directors. The Class I directors shall stand appointed for a term expiring at the Company’s third annual general meeting of the shareholders; the Class II directors shall stand appointed for a term expiring at the Company’s second annual general meeting; and the Class III directors shall stand appointed for a term expiring at the Company’s first annual general meeting. Following the expiry of term of the Class I directors, the Company Board will cease to be classified and all directors shall hold one -yearterms. In addition to the Parent’s majority ownership of our voting power, the existence of a classified board could impede a proxy contest or delay a successful tender offeror from obtaining majority control of the board of directors, and the prospect of that delay might deter a potential offeror. As a “foreign private issuer,” we are exempt from a number of U.S. securities laws and rules promulgated thereunder and will be permitted to publicly disclose less information than U.S. public companies must disclose. This may limit the information available to holders of the Company Shares. We qualify as a “foreign private issuer,” as defined in the SEC’s rules and regulations, and, consequently, we are not subject to all of the disclosure requirements applicable to public companies organized within the United States. For example, we are exempt from certain rules under the Exchange Act that regulate disclosure obligations and procedural requirements related to the solicitation of proxies, consents or authorizations applicable to a security registered under the Exchange Act. In addition, our officers