Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 652

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 652
---
,436 | ) |     |      (60,813 | ) |
| Share based incentive                 |     |      (43,430 | ) |     |              |   |
| Non-deductible expenses               |     |     (134,386 | ) |     |       (1,588 | ) |
| Other                                 |     |            — |   |     |        9,343 |   |
| Income tax from continuing operations |     |            — |   |     |            — |   |

Principal Statutory Tax Rates by Jurisdiction The principal statutory income tax rates applicable in the jurisdictions where the Group operates for all the periods presented are summarized below:

| Tax Jurisdiction |     | As of        
 December 31, 
 2024         |     | As of        
 December 31, 
 2023         |
|:-----------------|:----|:-------------|:----|:-------------|
| Argentina(*)     |     | 25% – 35%    |     | 25% – 35%    |
| Cayman Islands   |     | 0%           |     | 0%           |

____________ (*)In June 2021, Law 27,630 was enacted, introducing a new graduated rate structure for income tax in Argentina with three tiers based on the level of cumulative taxable net income, with tax rates ranging from 25% to 35%. Unrecognized deferred tax assets As of December 31, 2024, and 2023 deferred tax assets relating to the Company have not been recognized because the Company has estimated that the tax loss exceeds the expected future benefits, and it is not probable that future taxable amounts will be available to utilize those temporary differences. Therefore, the Company did not recognize deferred income tax assets generated by the tax loss carry forward as of December 31, 2024, and June30, 2024 for the amount of US$639,854 and US$477,167. The following table shows the expiration date of the recognized accumulated tax loss carryforwards pursuant to statutes of limitations:

| Fiscal year |     | Tax-loss carry 
        forward |     | Deferred tax 
        asset |     | Expiration |     | Tax jurisdiction |
| 2020        |     |         20,467 |     |        5,117 |     |       2025 |     | Argentine        |
| 2021        |     |         52,965 |     |       13,241 |