Company: APXIF
Filing Date: 2025-03-31
Form Type: F-4/A
Source: 0001213900-25-026339
Chunk: 334

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: F-4/A
Chunk 334
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% of the average of the annual distributions on Company Securities during the preceding three taxable years or the U.S. Holder’s Holding period, for Company Securities that preceded the taxable year of the distribution whichever is shorter). Generally, under this excess distribution regime •the U.S. Holder’s gain or excess distribution will be allocated ratably over the U.S. Holder’s holding period for Company Securities; •the amount allocated to the U.S. Holder’s taxable year in which the U.S. Holder recognized the gain or received the excess distribution, or to the period in the U.S. Holder’s holding period before the first day of the Company’s first taxable year in which the Company is a PFIC, will be taxed as ordinary income; •the amount allocated to other taxable years (or portions thereof) of the U.S. Holder and included in its holding period will be taxed at the highest tax rate in effect for that year and applicable to the U.S. Holder without regard to the U.S. Holder’s other items of income and loss for such year; and •an additional amount equal to the interest charge generally applicable to underpayments of tax will be imposed on the U.S. Holder with respect to the tax attributable to each such other taxable year of the U.S. Holder. 167 The tax liability for amounts allocated to years prior to the year of disposition or excess distribution will be payable generally without regard to offsets from deductions, losses and expenses. In addition, gains (but not losses) realized on the sale of a U.S. Holder’s Company Securities cannot be treated as capital gains, even if such securities are held as capital assets. Further, no portion of any distribution will be treated as qualified dividend income. If the Company is, or is treated as, a PFIC for any taxable year during which a U.S. Holder owns Company Securities and any entity in which the Company owns equity interests is also a PFIC (a “lower -tierPFIC”), the U.S. Holder will be deemed to own its proportionate amount (by value) of the shares of each lower -tierPFIC and will be subject to U.S. federal income tax according to the rules described above on (i) certain distributions by a lower -tierPFIC and (ii) dispositions of shares of lower -tierPFICs, in each case, as if the U.S. Holder held such shares directly, even though the U.S. Holder will not receive any proceeds of those distributions or dispositions. QEF Regime A valid