Company: APXIF
Filing Date: 2025-07-03
Form Type: F-4/A
Source: 0001213900-25-061545
Chunk: 194

Company: APx Acquisition Corp. I
Filing Date: 2025-07-03
Form: F-4/A
Chunk 194
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 dealing with mergers of PFICs are complex and subject to potentially adverse U.S. federal income tax consequences. All U.S. Holders are urged to consult their tax advisors concerning the consequences to them of the PFIC rules in the context of the Merger. See “ Material U.S. Federal Income Tax Considerations — PFIC Rules” for more detail regarding the U.S. federal income tax consequences related to the application of the PFIC rules to the Merger. Following the Business Combination, the annual PFIC income and asset tests in respect of the Company will be applied based on the assets and activities of the combined business. Based on the projected composition of the Company’s income and assets, it cannot be determined whether the Company will be classified as a PFIC for its taxable year that includes the date of the Business Combination or in any future taxable year. Further, changes in the composition of the Company’s income or composition of the Company’s assets may cause the Company to be or become a PFIC for the current or subsequent taxable years. Whether the Company is treated as a PFIC for U.S. federal income tax purposes is a factual determination that must be made annually at the close of each taxable year and, thus, is subject to significant uncertainty. If the Company is treated as a PFIC for any taxable year, or portion thereof, that is included in the holding period of a U.S. Holder, such U.S. Holder may be subject to certain adverse U.S. federal income tax consequences and may be subject to additional reporting requirements. For a further discussion, see “ Material U.S. Federal Income Tax Considerations — PFIC Rules.” U.S. Holders are strongly encouraged to consult their own advisors regarding the potential application of these rules to the ownership of the Company Shares and/or Public Warrants. If a U.S. person is treated as owning at least 10% of the shares of the Company, such person may be subject to adverse U.S. federal income tax consequences. If a U.S. Holder is treated as owning (directly, indirectly or constructively) at least 10% of the value or voting power of the shares of the Company, such holder may be treated as a “United States shareholder” under applicable tax rules with respect to the Company Group that is a “controlled foreign corporation,” for U.S. federal income tax purposes. A non -U.S. corporation is considered a CFC if more than 50% of (1) the total combined voting power of all classes of shares