Company: APXIF
Filing Date: 2025-01-22
Form Type: F-4
Source: 0001213900-25-005463
Chunk: 324

Company: APx Acquisition Corp. I
Filing Date: 2025-01-22
Form: F-4
Chunk 324
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eree shareholder” with respect to the Company immediately after the transfer may be required to enter into a gain recognition agreement with respect to the transfer of its APx Securities in order to obtain non -recognitiontreatment in the Merger. In general, a “five -percenttransferee shareholder” is a U.S. Holder who holds APx Securities and will own directly, indirectly or constructively through attribution rules, at least five percent of either the total voting power or total value of shares of the Company immediately after the Business Combination. The attribution rules for determining ownership are complex, and neither APx nor the Company can offer any assurance that a U.S. Holder will not be a five -percenttransferee shareholder based on its particular facts and circumstances. If you believe you could become a five -percenttransferee shareholder of the Company, you are urged to consult your tax advisor. Tax Consequences of Ownership and Disposition of Company Securities Distributions on Company Shares Subject to the PFIC rules discussed below under “— PFIC Rules”, the gross amount of any distribution on Company Shares that is made out of the Company’s current or accumulated earnings and profits (as determined for U.S. federal income tax purposes) generally will be taxable to a U.S. Holder as ordinary dividend income on the date such distribution is actually or constructively received. Any such dividends generally will not be eligible for the dividends received deduction allowed to corporations in respect of dividends received from U.S. corporations. To the extent that the amount of the distribution exceeds the Company’s current and accumulated earnings and profits (as determined under U.S. federal income tax principles), such excess amount will be treated first as a non -taxablereturn of capital to the extent of the U.S. Holder’s tax basis in its Company Shares, and thereafter 163 as capital gain recognized on a sale or exchange. However, it is not expected that the Company will maintain calculations of its earnings and profits in accordance with U.S. federal income tax principles. U.S. Holders should therefore assume that any distribution by the Company with respect to Company Shares will be reported as dividend income. U.S. Holders should consult their own tax advisors with respect to the appropriate U.S. federal income tax treatment of any distribution received from the Company. Subject to the PFIC rules discussed below under “— PFIC Rules”, dividends received by non -corporateU.S. Holders (including individuals) from a “qualified foreign corporation” may be eligible for reduced rates of taxation, provided that certain