Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 191

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 191
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 of the DTC, then transactions in the Company Shares or the Company Warrants may be disrupted. The facilities of the DTC are a widely used mechanism that allow for rapid electronic transfers of securities between the participants in the DTC system, which include many large banks and brokerage firms. The Company expects that the Company Shares or the Company Warrants will be eligible for deposit and clearing within the DTC 74 system. The Company expects to enter into arrangements with DTC whereby it will agree to indemnify DTC for stamp duty that may be assessed upon it as a result of its service as a depository and clearing agency for the Company Shares or the Company Warrants. The Company expects these actions, among others, will result in DTC agreeing to accept the Company Shares or the Company Warrants for deposit and clearing within its facilities. DTC is not obligated to accept Company Shares or the Company Warrants for deposit and clearing within its facilities in connection with the listing and, even if DTC does initially accept Company Shares or the Company Warrants, it will generally have discretion to cease to act as a depository and clearing agency for Company Shares or the Company Warrants. If DTC determines at any time after the completion of the transactions and the listing that the Company Shares or the Company Warrants were not eligible for continued deposit and clearance within its facilities, then the Company believes the Company Shares or the Company Warrants would not be eligible for continued listing on a U.S. securities exchange and trading in the shares would be disrupted. While the Company would pursue alternative arrangements to preserve its listing and maintain trading, any such disruption could have a material adverse effect on the market price of the Company Shares or the Company Warrants. If we were a passive foreign investment company for U.S. federal income tax purposes for any taxable year, U.S. Holders of Company Shares could be subject to adverse U.S. federal income tax consequences. If we are or become a passive foreign investment company (“PFIC”) within the meaning of Section 1297 of the Code (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