APx Acquisition Corp. I: Nasdaq/NYSE listing notice — APX Acquisition Corp. I receives Nasdaq delisting notice for failing to complete business combination by deadline

APx Acquisition Corp. I

Nasdaq notified APXI on Dec 10, 2024 that securities will be delisted because initial business combination not completed by Dec 6, 2024.
Trading of APXI common stock, warrants, and units suspended at open on Dec 17, 2024; Form 25-NSE to be filed.
Company intends to apply for OTC market listing after delisting.
Business combination with OmnigenicsAI still ongoing; Omnigenics will apply for Nasdaq listing upon closing.
Company will remain a reporting entity under the Securities Exchange Act.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.82

APx Acquisition Corp. I received a nasdaq delisting notice notice regarding other (rules IM-5101-2).

Exchange: nasdaq
Notice: delisting notice
Rules: IM-5101-2

Exact text from the filing

December 17, 2024 and (iii) a Form 25-NSE will be filed with the Securities and Exchange Commission (the “SEC”), which will remove the Company’s securities from listing and registration on Nasdaq. Under Rule IM-5101-2, a special purpose acquisition company must complete one or more business combinations within 36 months of the effectiveness of its initial public offering registration statement. Since the Company failed to complete its initial business combination by December 6, 2024, the Staff concluded that the Company did not comply with Rule IM-5101-2 and that the Company’s securities are n

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Source: SEC EDGAR

accession 0001213900-24-109291

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