secwatch.observer — SEC 8-K summary
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Issuer:     APx Acquisition Corp. I (—)
CIK:        0001868573
Form:       8-K
Filed at:   2023-06-13T23:59:59+00:00
Accession:  0001193125-23-165646
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

APx Acquisition Corp. I receives Nasdaq delisting notice for warrants below $1M market value
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- Nasdaq notified APx on June 9, 2023 that its warrants (APXIW) fail Listing Rule 5452(b)(C) due to aggregate market value under $1M.
- Company has 45 days (by July 24, 2023) to submit a plan to regain compliance; if accepted, 180-day cure period to Dec 6, 2023.
- Notice only affects warrants; Class A ordinary shares listing on Nasdaq unaffected.
- Company intends to submit a compliance plan; failure could lead to warrants delisting with appeal rights.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868573/000119312523165646/0001193125-23-165646-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868573/000119312523165646/d627043d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-165646

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