Company: APXIF
Filing Date: 2025-01-22
Form Type: F-4
Source: 0001213900-25-005463
Chunk: 621

Company: APx Acquisition Corp. I
Filing Date: 2025-01-22
Form: F-4
Chunk 621
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 |     |             — |
| End of the year                       |     |     4,055,148 |   |     |     3,533,699 |

____________ (*)Reorganization Effect: The reclassification of US$49,885 corresponds to the adjustment made as part of the capital reduction resulting from the reorganization described in Note 1 and detailed within this note under “Movements in Share Capital.” This adjustment aligns the reported balances with the accounting implications of the restructuring completed on February 26, 2024. (**)In accordance with the provisions of the minutes of shareholders meeting No. 11 dated October 26, 2023, the accumulated losses have been fully absorbed by the share premium and irrevocable contributions.

F-117

Notes to Combined Financial Statements (Amounts in US Dollars, except otherwise indicated) 11.Shareholders’ (Deficit / Equity) (cont.) Accumulated deficit Movements in accumulated deficit described as follows:

|                                     |     |         As of 
 June 30, 2024 |   |     | As of         
 June 30, 2023 |   |
|:------------------------------------|:----|--------------:|:--|:----|:--------------|:--|
| Beginning of the year               |     |    (3,588,427 | ) |     | (2,296,495    | ) |
| Absorption of accumulated losses(*) |     |     1,163,038 |   |     | —             |   |
| Net Loss for the year               |     |    (4,516,095 | ) |     | (1,291,932    | ) |
| End of the year                     |     |    (6,941,483 | ) |     | (3,588,427    | ) |

____________ (*)In accordance with the provisions of the minutes of shareholders meeting No. 11 dated October 26, 2023, the accumulated losses have been fully absorbed by the share premium and irrevocable contributions. 12.Borrowings with third and related parties Since its inception, the Group has been financially supported through long -termloans from its shareholders and other related parties; additionally, during the year 2024 the Group obtained short -termfinancing through bank loans. The following table shows the outstanding loans payable for each of the years presented:

|                            |     | As of June 30, 2024 |     |           |     |