Company: APXIF
Filing Date: 2025-07-18
Form Type: F-4/A
Source: 0001213900-25-065703
Chunk: 679

Company: APx Acquisition Corp. I
Filing Date: 2025-07-18
Form: F-4/A
Chunk 679
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 of the financial assets or liabilities, when appropriate, at initial recognition. Transaction costs directly attributable to the acquisition of financial assets or liabilities designated at fair value through profit or loss are recognized immediately through profit or loss. The Group applies a hierarchy to classify valuation methods used to measure financial instruments carried at fair value. Levels 1 to 3 are defined based on the degree to which fair value inputs are observable and have a significant effect on the recorded fair value, as follows: •Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities; •Level 2: Valuation techniques use significant observable inputs, either directly (i.e., as prices) or indirectly (i.e., derived from prices), or valuations are based on quoted prices for similar instruments; and •Level 3: Valuation techniques use significant inputs that are not based on observable market data (unobservable inputs). 2.15.1Financial assets Classification of financial assets If and when applicable, the Group follows the framework and requirements outlined in IFRS 9 to classify financial assets based on whether: •The financial asset is held within a business model with the objective of collecting contractual cash flows or a combination of collecting contractual cash flows and selling financial assets; and •The contractual terms give rise to cash flows that are only payments of principal and interest. By default, all other financial assets are subsequently measured at fair value through profit or loss. Trade receivables originated from the Heritas Diagnostics segment are amounts primarily due from CIBIC which must be settled within 60 days following invoicing, and to a lesser extent by Meyerlab S.A. (a company incorporated in Paraguay, to which Omnigenics provides genomic diagnostic services under a contract signed on March 11, 2024, and is also a related party to the Group) which must be settled within 15 days following invoicing and are therefore classified as current. See Note 20 for further information about related parties. F-135 Notes to Combined Financial Statements (Amounts in US Dollars, except otherwise indicated) 2.Summary of significant accounting policies and basis of preparation (cont.) Trade receivables are recognized initially at the amount of consideration that is unconditional, unless they contain significant financing components, when they are recognized at fair value. The Group holds trade receivables with the objective of collecting the contractual cash flows and therefore measures them subsequently at amortized cost using the effective interest method. Gains and losses in foreign currency Trade payables denominated in a