Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 339

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 339
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 loss in an amount equal to the difference between (i) the sum of (x) the amount of cash and (y) the fair market value of any other property, received in such sale, taxable exchange or other taxable disposition and (ii) the U.S. Holder’s adjusted tax basis in such Company security. Any such gain or loss generally will be capital gain or loss and will be long -termcapital gain or loss if the U.S. Holder’s holding period for such Company security exceeds one year. Long -termcapital gain realized by a non -corporateU.S. Holder generally will be taxable at a reduced rate. The deductibility of capital losses is subject to limitations. This gain or loss generally will be treated as U.S. source gain or loss. Accordingly, in the event that any non -U.S. tax (including withholding tax) is imposed upon such sale, exchange or other taxable disposition, a U.S. Holder may not be able to utilize foreign tax credits in respect of such non -U.S. tax. In addition, there may be other limitations on utilizing foreign tax credits even if a U.S. Holder has foreign source income or gain in the same category from other sources. The rules governing foreign tax credits are complex and U.S. Holders are urged to consult their tax advisers regarding the creditability of foreign taxes in their particular circumstances. Exercise, Lapse or Redemption of a Company Warrant Subject to the PFIC rules discussed below under “— PFIC Rules”, a U.S. Holder generally will not recognize gain or loss upon the acquisition of a Company Shares on the exercise of a Company Warrant for cash. A U.S. Holder’s tax basis in a Company Shares received upon exercise of the Company Warrant generally will equal the sum of the U.S. Holder’s tax basis in such Company Warrant and the exercise price. It is unclear whether a U.S. Holder’s holding period for the Company Share received will commence on the date of exercise of the Company Warrant or the day following the date of exercise of the Company Warrant; in either case, the holding period will not include the period during which the U.S. Holder held the Company Warrant. If a Company Warrant is allowed to lapse unexercised, a U.S. Holder generally will recognize a capital loss equal to such holder’s tax basis in the Company Warrant. 165 The tax consequences of a cashless exercise of a warrant are not clear under current law. Subject to the PFIC rules discussed below