Company: APXIF
Filing Date: 2025-03-31
Form Type: F-4/A
Source: 0001213900-25-026339
Chunk: 186

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: F-4/A
Chunk 186
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 U.S. Holder, such U.S. Holder may be subject to certain adverse U.S. federal income tax consequences and may be subject to additional reporting requirements. For a further discussion, see “ Material U.S. Federal Income Tax Considerations — PFIC Rules.” U.S. Holders are strongly encouraged to consult their own advisors regarding the potential application of these rules to the ownership of the Company Shares and/or Public Warrants. If a U.S. person is treated as owning at least 10% of the shares of the Company, such person may be subject to adverse U.S. federal income tax consequences. If a U.S. Holder is treated as owning (directly, indirectly or constructively) at least 10% of the value or voting power of the shares of the Company, such holder may be treated as a “United States shareholder” under applicable tax rules with respect to the Company Group that is a “controlled foreign corporation,” for U.S. federal income tax purposes. A non -U.S. corporation is considered a CFC if more than 50% of (1) the total combined voting power of all classes of shares of such corporation entitled to vote, or (2) the total value of the shares of such corporation is owned, or is considered as owned by applying certain constructive ownership rules, by United States shareholders on any day during the taxable year of such non -U.S. corporation. If the Company Group includes one or more U.S. subsidiaries, certain of the Company’s non -U.S. subsidiaries could be treated as CFCs regardless of whether the Company is treated as a CFC. If the Company or any of its non -U.S. subsidiaries is a CFC, “United States shareholders” under applicable tax rules will be subject to adverse income inclusion and reporting requirements with respect to such CFC. No assurance can be provided that the Company will assist holders in determining whether it or any of its non -U.S. subsidiaries is treated as a CFC or whether any holder is treated as a United States shareholder with respect to any of such CFCs or furnish to any holder information that may be necessary to comply with reporting and tax payment obligations with respect to such CFCs. The IRS may determine that the Company should be treated as a domestic corporation for U.S. federal income tax purposes, and adverse tax consequences could result to the Company and its shareholders if the IRS were to successfully challenge such determination. Due to transactions impacting the ownership structure of Heritas Argentina that have occurred within the past