Item 8.01 Other Events.

APx Acquisition Corp. I ("APXI") is providing an update to the beneficial
ownership table previously provided in Item 12 of its Annual Report on Form 10-K
for the year ended December 31, 2022 (the "2022 Form 10-K") to reflect each
person known by APXI as of March 31, 2023 to be a beneficial owner of more than
5% of its issued and outstanding ordinary shares after taking into account the
redemption by APXI of 10,693,417 of its public shares on February 27, 2023 (the
"Redemption"). The below table is based on Schedule 13G or 13G/A reporting and
discussions between APXI and shareholders previously disclosed in the beneficial
ownership table provided in Item 12 of the 2022 Form 10-K. As a result, the
below table may not reflect actual holding of the shares beneficially owned by a
shareholder after giving effect to the Redemption. The below table excludes the
beneficial ownership of our ordinary shares by our executive officers and
directors as there has been no change to the information previously provided in
our 2022 Form 10-K with respect to such holders.

The following table is based on 10,869,083 ordinary shares outstanding at
March 31, 2023, of which 6,556,583 were Class A ordinary shares and 4,312,500
were Class B ordinary shares. Unless otherwise indicated, it is believed that
all persons named in the table below have sole voting and investment power with
respect to all ordinary shares beneficially owned by them.

                                                            Class A ordinary shares                     Class B ordinary shares
                                                        Number of                                   Number of                                   Percentage of
                                                          Shares             Approximate             Shares               Approximate            Outstanding
                                                       Beneficially          Percentage           Beneficially           Percentage of            ordinary
Name and Address of Beneficial Owner (1)                  Owned               of Class                Owned                  Class

shares


APx Cap Sponsor Group I, LLC (2)                                                                       4,272,500                  99.07 %                39.31 %
Glazer Capital, LLC (3)                                      740,743                11.30 %                                                               6.82 %

(1) Unless otherwise noted, the business address of each of the following is Juan

Salvador Agraz 65, Contadero, Cuajimalpa de Morelos, 05370, Mexico City,

Mexico.

(2) The shares reported above are held in the name of our sponsor. APx Cap

Sponsor Group I, LLC is controlled by its managing member, APx Cap Holdings

I, LLC. APx Cap Holdings I, LLC's board of directors consists of three

members. Each director of APx Cap Holdings I, LLC has one vote, and the

approval of the members of the board of directors is required to approve an

action of APx Cap Holdings I, LLC. Under the so-called "rule of three," if

voting and dispositive decisions regarding an entity's securities are made by

two or more individuals, and a voting and dispositive decision requires the

approval of a majority of those individuals, then none of the individuals is

deemed a beneficial owner of the entity's securities. This is the situation

with regard to APx Cap Holdings I, LLC. Based upon the foregoing analysis, no

individual manager of APx Cap Holdings I, LLC exercises voting or dispositive

control over any of the securities held by APx Cap Holdings I, LLC even those

in which he directly holds a pecuniary interest. Accordingly, none of them

will be deemed to have or share beneficial ownership of such shares and, for

the avoidance of doubt, each expressly disclaims any such beneficial interest

to the extent of any pecuniary interest he may have therein, directly or

indirectly.

(3) Shares beneficially owned are based on Schedule 13G/A filed with the SEC on

March 10, 2023, by Glazer Capital, LLC ("Glazer") and discussions between

APXI and Glazer. The address of the shareholder, as reported in the Schedule

13G/A is 250 West 55th Street, Suite 30A, New York, New York 10019.

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