You can apply. BUT, the results will not be what you desire. You cannot swing between H1 and H4 (after both approvals- which I think you are dreaming about!!)
Here are your options:
1. Do H4 extension and after approval file H4 to H1
2. Do H4 to H1 and take the risk (dont do H4 extension)
3. Dont do H4 to H1.
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