Company: APXIF
Filing Date: 2025-03-31
Form Type: F-4/A
Source: 0001213900-25-026339
Chunk: 460

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: F-4/A
Chunk 460
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 of the Business Combination is eligible to resell those equity shares in reliance on Rule 144, but without compliance with some of the restrictions, including the holding period, contained in Rule 144. However, the Rule 701shares would remain subject to lock -uparrangements and would only become eligible for sale when the lock -upperiod expires. 251

Security Ownership of Certain Beneficial Owners and Management APx The following table sets forth information regarding the beneficial ownership of SPAC Ordinary Shares as of the record date based on information obtained from the persons named below, with respect to the beneficial ownership of shares of SPAC, by: •each person known by SPAC to be the beneficial owner of more than 5% of the outstanding shares; •each of SPAC’s executive officers and directors that beneficially owns ordinary shares; and •all of SPAC’s officers and directors as a group. The Sponsor and SPAC’s directors, officers, advisors or their affiliates may purchase SPAC Ordinary Shares in privately negotiated transactions or in the open market prior to the completion of the Business Combination, although they are under no obligation to do so and they have no current plans to do so. Such a purchase may include a contractual acknowledgement that such shareholder, although still the record holder of such shares, is no longer the beneficial owner thereof and therefore agrees not to exercise its redemption rights. In the event that the Sponsor and SPAC’s directors, officers, advisors or their affiliates purchase shares in privately negotiated transactions from SPAC Shareholders who have already elected to exercise their redemption rights, such selling shareholders would be required to revoke their prior elections to redeem their shares. Any such transaction would be separately negotiated at the time of the transaction. The consideration for any such transaction would consist of cash and/or SPAC Ordinary Shares owned by the Sponsor and/or SPAC’s directors, officers, advisors, or their affiliates. The purpose of such purchases could be to vote such shares in favor of the Business Combination and thereby increase the likelihood of obtaining shareholder approval of the Business Combination. This may result in the completion of the Business Combination that may not otherwise have been possible. Any SPAC Ordinary Shares purchased by the Sponsor or SPAC’s directors, officers or advisors, or their respective affiliates will not (i) be purchased at a price higher than the price offered through the redemption process, (ii) be voted in favor of the Business Combination or (iii) have redemption rights, and if such SPAC Ordinary Shares does have redemption rights then such rights will be waived by the