Company: APXIF
Filing Date: 2025-07-03
Form Type: F-4/A
Source: 0001213900-25-061545
Chunk: 640

Company: APx Acquisition Corp. I
Filing Date: 2025-07-03
Form: F-4/A
Chunk 640
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 December 31, 2024 and 2023, Argentina’s official exchange rate against the US Dollar increased 13% and 215%, respectively. 2.Basis of Preparation (a)Statement of compliance These unaudited Interim Condensed Combined financial statements as of and for the six months ended December 31, 2024 (hereinafter referred to as the “Interim Combined Financial Statements”) have been prepared in accordance with International Accounting Standard 34 (IAS 34), “Interim Financial Reporting” as issued by International Accounting Standard Board (“IASB”). These unaudited interim condensed consolidated financial statements do not include all the information required for a complete set of IFRS financial statements. However, selected explanatory notes are included to explain events and transactions that are significant to an understanding of the changes in the Group’s financial position and performance since the last annual consolidated financial statements. These Interim Combined Financial Statements include all adjustments necessary for a fair statement of the results of the interim period. These adjustments consist of normal recurring items. These Interim Combined Financial Statements are not necessarily indicative of results that may be expected for any other interim period or for the full year. These Interim Combined Financial Statements should be read in conjunction with the audited combined financial statements and related notes for the year ended June 30, 2024. F-98

Notes to Unaudited Interim Condensed Combined Financial Statements (Amounts in US Dollars, except otherwise indicated) 2.Basis of Preparation (cont.) (b)Authorization for the issue of the interim condensed combined financial statements These unaudited interim condensed combined financial statements of the Company were authorized by the Board of Directors of the Company on May30, 2025. (c)Use of estimates and judgements The preparation of these Interim Combined Financial Statements requires the use of estimates and assumptions in accordance with generally accounting principles. The estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of these Interim Combined Financial Statements. These estimates and assumptions also affect the reported amount of net loss during any period. The actual financial results could differ significantly from these estimates. There have been no changes in the significant estimates underlying these Interim Combined Financial Statements as compared to the ones used in the audited combined financial statements for the year ended June 30, 2024. (d)Financial risk management The Company is exposed to a variety of financial risks that arise from its limited activities and from its use of financial instruments.