Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 335

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 335
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 such U.S. Holder. If the Merger, taken together with certain related transactions, does not qualify for the Intended Tax Treatment, a U.S. Holder that exchanges Public Shares in the Merger for Company Shares generally would be required to recognize gain or loss equal to the difference, if any, between (i) the fair market value of the Company Shares received by such U.S. Holder and (ii) such U.S. Holder’s adjusted tax basis in the Public Shares exchanged therefor. Subject to the PFIC rules discussed below, such gain or loss would be capital gain or loss and generally would be long -termcapital gain or loss if the U.S. Holder’s holding period for such Public Shares exceeds one year. It is unclear, however, whether the redemption rights of a U.S. Holder with respect to the Public Shares may suspend the running of the applicable holding period for this purpose. Net short -termcapital gain generally is taxed at regular ordinary income tax rates. Long -termcapital gain recognized by non -corporateU.S. Holders may be taxed at reduced rates. The deductibility of capital losses is subject to limitations. A U.S. Holder would have an aggregate tax basis in any Company Shares received in the Merger that is equal to the fair market value of such Company Shares as of the effective date of the Merger, and the holding period of such Company Shares would begin on the day following the Merger. U.S. Holders of Public Warrants The Public Warrants are currently each exercisable for one Public Share and will become, pursuant to the Merger, Company Warrants each exercisable for one Company Shares following the Business Combination. A U.S. Holder of Public Warrants that does not also exchange Public Shares for Company Shares in the Merger generally would recognize gain or loss in an amount equal to the difference between the fair market value of the Company Warrants deemed received and such holder’s tax basis in the Public Warrants deemed exchanged therefor. 163 If a U.S. Holder of Public Warrants also exchanges Public Shares for Company Shares in the Merger, and if the Merger, taken together with certain related transactions, qualifies for the Intended Tax Treatment, then the tax treatment of such U.S. Holder depends on whether the conversion of Public Warrants into Company Warrants in the Business Combination is treated as part of the transfer of property to a corporation under Section 351 of the Code or as a separate transaction, as provided below. If the conversion of Public Warrants