Company: APXIF
Filing Date: 2025-07-18
Form Type: F-4/A
Source: 0001213900-25-065703
Chunk: 192

Company: APx Acquisition Corp. I
Filing Date: 2025-07-18
Form: F-4/A
Chunk 192
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EF”) or a mark -to -marketelection) may be available to U.S. Holders of Company Shares to mitigate some of the adverse tax consequences resulting from the PFIC treatment. However, there is no assurance that we will provide the information necessary for a U.S. Holder to make a QEF election with respect to the U.S. Holder’s Company Shares. U.S. Holders should consult their own tax advisors regarding the potential application of the PFIC rules and should read the discussion below under “ Material U.S. Federal Income Tax Considerations — PFIC Rules.” Risks Related to U.S. Federal Income Taxation The Merger may be a taxable transaction for U.S. federal income tax purposes to U.S. Holders of Public Shares and Public Warrants. It is intended that the Merger, taken together with certain related transactions, will qualify for tax -deferredtreatment under Section 351(a) of the Code, subject to Section 367(a) of the Code and the PFIC rules. However, if the Merger does not qualify for tax -deferredtreatment under Section 351(a) of the Code, or if the Merger fails to qualify for tax -deferredtreatment as a result of the application of Section 367(a) Code or the PFIC rules, the Merger would be a taxable transaction to U.S. Holders (as defined below under “ Material U.S. Federal Income Tax Considerations”) of Public Shares. Further, the receipt of Company Warrants in exchange for Public Warrants pursuant to the Merger may cause U.S. Holders of Public Warrants to recognize taxable gain regardless of whether the Merger qualifies for tax -deferredtreatment under Section 351(a) of the Code. For a more complete discussion of the U.S. federal income tax considerations of the Merger, including Section 367(a) of the Code and the PFIC rules, see the section entitled “ Material U.S. Federal Income Tax Considerations — Tax Consequences of the Merger.” 75 The PFIC status of APx and / or the Company could result in adverse U.S. federal income tax consequences to U.S. Holders. In general, a non -U.S. corporation is a PFIC for U.S. federal income tax purposes for any taxable year in which (i) 50% or more of the average value of its assets (generally determined on the basis of a weighted quarterly average) consists of assets that produce,