Company: APXIF
Filing Date: 2025-07-18
Form Type: F-4/A
Source: 0001213900-25-065703
Chunk: 231

Company: APx Acquisition Corp. I
Filing Date: 2025-07-18
Form: F-4/A
Chunk 231
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 they would as shareholders of a United States company. APx is a blank check company with no operating history and no revenues, and you have no basis on which to evaluate its ability to achieve its business objective. APx is a blank check company incorporated under the laws of the Cayman Islands with no operating results. Because APx lacks an operating history, you have no basis upon which to evaluate APx’s ability to achieve its business objective of completing the Business Combination. If APx fails to complete the Business Combination, APx will never generate any operating revenues. An investment in securities of APx may result in uncertain U.S. federal income tax consequences. An investment in securities of APx may result in uncertain U.S. federal income tax consequences. For instance, because there are no authorities that directly address instruments similar to the SPAC Units, the allocation an investor makes with respect to the purchase price of a SPAC Unit between the Public Shares and the one -halfof a Public Warrant included in each SPAC Unit could be challenged by the IRS or the courts. In addition, the U.S. federal income tax consequences of a cashless exercise of Public Warrants included in the SPAC Units issued in the IPO is unclear under current law. Finally, it is unclear whether the Redemption Rights with respect to Public Shares suspend the running of a U.S. Holder’s holding period for purposes of determining whether any gain or loss realized by such holder on the sale or exchange of Public Shares is long -termcapital gain or loss and for determining whether any dividend APx would pay would be considered “qualified dividend income” for U.S. federal income tax purposes. APx is an emerging growth company and a smaller reporting company within the meaning of the Securities Act, and if APx takes advantage of certain exemptions from disclosure requirements available to emerging growth companies or smaller reporting companies, this could make APx’s securities less attractive to investors and may make it more difficult to compare APx’s performance with other public companies. APx is an “emerging growth company” within the meaning of the Securities Act, as modified by the JOBS Act, and APx may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor internal controls attestation requirements of Section 404 of the Sarbanes -OxleyAct, reduced disclosure obligations regarding executive compensation in APx’s periodic reports and proxy statements, and exemptions from the