Company: APXIF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026189
Chunk: 291

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 291
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●rules
                                            and regulations regarding currency redemption;

●complex
                                            corporate withholding taxes on individuals;

●laws
                                            governing the manner in which future business combinations may be effected;

●exchange
                                            listing and/or delisting requirements;

●tariffs
                                            and trade barriers;

●regulations
                                            related to customs and import/export matters;

●local
                                            or regional economic policies and market conditions;

●unexpected
                                            changes in regulatory requirements;

●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