---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-050956"
form_type: "8-K"
ticker: null
cik: "0001868573"
company_name: "APx Acquisition Corp. I"
filed_at: "2023-02-27T23:59:59+00:00"
generated_at: "2026-06-19T00:03:15.093373+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# APx Acquisition Corp. I shareholders approve extension; $111M redeemed, ~$68M remains in trust

## Summary
- Shareholders approved amendment to extend combination period by two three-month periods; payment is lesser of $750k or $0.125 per share per period.
- Holders of 10,693,417 public shares redeemed at ~$10.41/share, totaling ~$111.3M.
- After redemptions, ~$68.3M remains in trust with 6,556,583 public shares outstanding.
- Sponsor notified intent to extend combination period by one three-month period.

## SEC filing metadata
- accession: 0001193125-23-050956
- form_type: 8-K
- cik: 0001868573
- company_name: APx Acquisition Corp. I
- filed_at: 2023-02-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.03, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868573/000119312523050956/0001193125-23-050956-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868573/000119312523050956/d378384d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-050956
- JSON: https://secwatch.observer/filing/0001193125-23-050956.json
- Plain text: https://secwatch.observer/filing/0001193125-23-050956.txt

## Key facts
- Governance Changes
  APx Acquisition Corp. I: Amended Articles of Association to change the payment required to extend the Combination Period by two three-month periods.
  - Change: charter amendment
  source text: On the Meeting Date, the Company held the Extension Meeting in which the Company’s shareholders approved the Trust Agreement Amendment Proposal and the Extension Amendment Proposal to change the payment required to extend the Combination Period by two three-month periods. Upon the approval by the Company’s shareholders of the Extension Amendment Proposal, the Amended Articles of Association became effective.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868573/000119312523050956/0001193125-23-050956-index.htm
- Material Agreements
  APx Acquisition Corp. I amended Trust Agreement Amendment with Continental Stock Transfer and Trust Company valued at the lesser of (a) $750,000 and (b) $0.125 for each Class A ordinary share then outstanding for each (effective 2023-02-27).
  - Action: amendment
  - Counterparty: Continental Stock Transfer and Trust Company
  - Value: the lesser of (a) $750,000 and (b) $0.125 for each Class A ordinary share then outstanding for each
  - Effective: 2023-02-27
  source text: On February 27, 2023 (the “Meeting Date”), the Company held an extraordinary general shareholders meeting (the “Extension Meeting”) in which the Company’s shareholders approved an amendment to the Investment Management Trust Agreement, dated December 6, 2021 (the “Trust Agreement Amendment” or the “Trust Agreement Amendment Proposal”) and the Company’s Amended and Restated Memorandum and Articles of Association (the “Amended Articles of Association” or the “Extension Amendment Proposal”) to change the payment required to extend the date by which the Company must consummate an initial business combination (the “Combination Period”) by two three-month periods. As amended, the required payments are the deposit by the Company into the trust account (the “Trust Account”) established in connection with the Company’s initial public offering (the “IPO”), of the lesser of (a) $750,000 and (b) $0.125 for each Class A ordinary share then outstanding (each, the “Adjusted Extension Payment”) for ea
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868573/000119312523050956/0001193125-23-050956-index.htm
- Shareholder Votes
  APx Acquisition Corp. I shareholders approved Approval of the Adjournment Proposal to adjourn the Extension Meeting if necessary..
  - Outcome: passed
  source text: The Adjournment Proposal For Against Abstain 15,039,715 2,094,820 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868573/000119312523050956/0001193125-23-050956-index.htm
- Shareholder Votes
  APx Acquisition Corp. I shareholders approved Approval of the Extension Amendment Proposal to extend the date by which the Company must consummate a business combination..
  - Proposal: charter amendment
  - Outcome: passed
  source text: The Extension Amendment Proposal For Against Abstain 15,044,090 2,090,445 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868573/000119312523050956/0001193125-23-050956-index.htm
- Shareholder Votes
  APx Acquisition Corp. I shareholders approved Approval of the Trust Agreement Amendment Proposal to amend the trust agreement..
  - Outcome: passed
  source text: The Trust Agreement Amendment Proposal For Against Abstain 15,044,090 2,090,445 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868573/000119312523050956/0001193125-23-050956-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.