Company: APXIF
Filing Date: 2025-01-22
Form Type: F-4
Source: 0001213900-25-005463
Chunk: 181

Company: APx Acquisition Corp. I
Filing Date: 2025-01-22
Form: F-4
Chunk 181
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 (as defined under “ Material U.S. Federal Income Tax Considerations”) for any taxable year during which a U.S. Holder (as defined under “ Material U.S. Federal Income Tax Considerations”) holds Company Shares, certain adverse U.S. federal income tax consequences may apply to such U.S. Holder. The PFIC status of a company depends on the composition of such company’s income and assets and the fair market value of its assets from time to time, as well as on the application of complex statutory and regulatory rules that are subject to potentially varying or changing interpretations. We have not made a determination as to whether we currently are, or in the future may become, a PFIC, and there can be no assurance that we will not be treated as a PFIC for any taxable year. If we were treated as a PFIC, a U.S. Holder of Company Shares may be subject to adverse U.S. federal income tax consequences, such as taxation at the highest marginal ordinary income tax rates on capital gains and on certain actual or deemed distributions, interest charges on certain taxes treated as deferred, and additional reporting requirements. Certain elections (including a qualified electing fund (“QEF”) 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.” 72 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