Company: APXIF
Filing Date: 2025-07-18
Form Type: F-4/A
Source: 0001213900-25-065703
Chunk: 650

Company: APx Acquisition Corp. I
Filing Date: 2025-07-18
Form: F-4/A
Chunk 650
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 otherwise indicated) 12.Financial liabilities (cont.)

| Lender                            
 Banco Galicia y Buenos Aires S.A. |     | Date of      
 Disbursement 
 May, 2024    |     | Maturity       
 Date           
 December, 2024 |     |   Annual 
  Average 
 Interest 
     Rate 
    63.21 | % |     | Currency       
 Argentine Peso |     | Nominal 
   Value 
   7,982 |     | Book Value 
      as of 
   June 30, 
       2024 
      7,978 |
|:----------------------------------|:----|:-------------|:----|:---------------|:----|---------:|:--|:----|:---------------|:----|--------:|:----|-----------:|
| Banco BBVA Argentina S.A.         |     | May, 2024    |     | December, 2024 |     |    49.88 | % |     | Argentine Peso |     |  38,528 |     |     37,686 |
| Total Bank Loans                  |     |              |     |                |     |          |   |     |                |     |         |     |     45,664 |

These borrowings are classified as current liabilities, as their maturity falls within one year from the reporting date. ____________ (*)As of December 31, 2024, the Company has discounted checks receivable with recourse amounting to $213,198 with financial institutions. These arrangements do not qualify for derecognition under IFRS 9 as the Company retains substantially all the risks and rewards of ownership. Accordingly, the discounted checks remain recognized as financial assets, and the proceeds received are recorded against financial liabilities. The obligation is extinguished upon maturity of the check (which occurs 60 days after collection), the currency is Argentine peso and the interest rate is between 34% and 49% per year. This transaction is reflected in the cash flow statement as an operating cash inflow for the reduction of the accounts receivable, and a financial cash outflow for the cancellation of the financial debt (as deemed cash movements). Loans from related parties As of December 31, 2024, the Group has outstanding borrowings from related parties under credit line agreements with Heritas Ltd, Bioceres S.A., and CIBIC. Further details regarding borrowings from related parties see Note 20. The following tables summarize the activity related