---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-107122"
form_type: "8-K"
ticker: null
cik: "0001868573"
company_name: "APx Acquisition Corp. I"
filed_at: "2024-12-10T23:59:59+00:00"
generated_at: "2026-05-29T05:18:09.625045+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# APx Acquisition Corp. I extends deadline to Dec 2025; 5.08M shares redeemed, trust drops to $6.23M

## Summary
- Shareholders approved extension of combination period from Dec 9, 2024 to Dec 9, 2025 (48 months from IPO).
- NTA redemption limitation eliminated, allowing business combination even if net tangible assets fall below $5M.
- 5,077,568 public shares tendered for redemption (~99% of public float), leaving only 520,056 public shares.
- $60.86M (≈$11.99/share) removed from trust account, reducing trust balance to $6.23M.
- Extension and charter amendments approved at Dec 4, 2024 EGM with 82.45% FOR each proposal.

## SEC filing metadata
- accession: 0001213900-24-107122
- form_type: 8-K
- cik: 0001868573
- company_name: APx Acquisition Corp. I
- filed_at: 2024-12-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868573/000121390024107122/0001213900-24-107122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868573/000121390024107122/ea0224091-8k_apxacq1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-107122
- JSON: https://secwatch.observer/filing/0001213900-24-107122.json
- Plain text: https://secwatch.observer/filing/0001213900-24-107122.txt

## Key facts
- Governance Changes
  APx Acquisition Corp. I: Amended Articles of Association to extend combination period to December 9, 2025 and eliminate net tangible asset limitation (effective 2024-12-04).
  - Change: charter amendment
  - Effective: 2024-12-04
  source text: As approved by its shareholders at the EGM held on December 4, 2024, the following proposals were approved: (a) as a special resolution, giving the Company the right to extend the date by which it has to consummate a business combination (the “ Combination Period ”) to December 9, 2025 (as extended, the “ Extended Date ”) (i.e., for a period of time ending 48 months after the consummation of its initial public offering (the “ IPO ”)) (the “ Extension Amendment Proposal ”); (b) as an ordinary resolution, an amendment to extend the Combination Period to the Extended Date (the “ Trust Agreement Amendment Proposal ”); and (c) eliminate (i) the limitation that the Company shall not redeem the Class A Ordinary Shares to the extent that such redemption would result in the Company’s failure to have net tangible assets of at least $5,000,001, upon consummation of the Company’s initial business combination (the “ Redemption Limitation ”), and (ii) the requirement that the Company shall not consu
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868573/000121390024107122/0001213900-24-107122-index.htm

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