APx Acquisition Corp. I extends deadline to Dec 2024; corrects prior share count, 201K shares redeemed

APx Acquisition Corp. I

Shareholders approved up to 12 one-month extensions, pushing deadline to December 9, 2024.
201,496 public shares redeemed in connection with extension; corrected outstanding from 9.9M to 5.6M.
Approximately $2.25M ($11.14/share) removed from trust account; $62.4M remains.
The filing amends prior 8-K to correct redemption share count error.

item 1.01 item 5.03 item 5.07 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

APx Acquisition Corp. I: Amended charter to allow up to twelve monthly extensions to complete a business combination, extending deadline to December 9, 2024 (effective 2023-12-08).

Change: charter amendment
Effective: 2023-12-08

Exact text from the filing

At the EGM held on December 8, 2023, the shareholders approved a special resolution, giving the Company the right to extend the date by which it has to complete a business combination up to twelve (12) times for an additional one (1) month each time from the Termination Date to December 9, 2024 (the “ Extension Amendment Proposal ”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

APx Acquisition Corp. I amended Trust Agreement Amendment with Continental Stock Transfer & Trust Company valued at Extension of business combination deadline from December 9, 2023 to December 9, 2024, with monthly d (effective 2023-12-08).

Action: amendment
Counterparty: Continental Stock Transfer & Trust Company
Value: Extension of business combination deadline from December 9, 2023 to December 9, 2024, with monthly d
Effective: 2023-12-08

Exact text from the filing

APx Acquisition Corp. I (the " Company "), and its trustee, Continental Stock Transfer & Trust Company (the " Trustee "), signed an amendment (the " Trust Agreement Amendment ") to the investment management trust agreement dated as of September 7, 2021, to extend the time to complete a business combination up to twelve (12) times for an additional one (1) month each time (each, an " Extension ") from December 9, 2023 (the " Termination Date ") to December 9, 2024

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

APx Acquisition Corp. I shareholders approved To approve the amendment to the Trust Agreement to extend the Termination Date at the 2023-12-08 meeting.

Outcome: passed
Meeting: 2023-12-08

Exact text from the filing

Shareholders approved the proposal to amend the Trust Agreement, as an ordinary resolution, to extend the Termination Date up to twelve (12) times for one (1) month each time from the Termination Date to December 9, 2024

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

APx Acquisition Corp. I shareholders approved To amend the Company's Articles of Association to extend the business combination deadline to December 9, 2024 at the 2023-12-08 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2023-12-08

Exact text from the filing

Shareholders approved the proposal to amend the Company’s Articles of Association as a special resolution, giving the Company the right to extend the date by which it has to complete a business combination up to twelve (12) times for one (1) month each time from the Termination Date, to December 9, 2024.

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Source: SEC EDGAR

accession 0001193125-24-025910

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