Company: APXIF
Filing Date: 2025-07-18
Form Type: F-4/A
Source: 0001213900-25-065703
Chunk: 683

Company: APx Acquisition Corp. I
Filing Date: 2025-07-18
Form: F-4/A
Chunk 683
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 the risks faced by the Group, establish appropriate risk limits and controls, and monitor these risks to ensure adherence to established limits. These policies and systems are reviewed regularly to reflect changes in market conditions and the Group’s activities. (a)Credit risk Credit risk arises from the potential non -performanceof contractual obligations by the parties, resulting in a financial loss for the Group. The carrying amount of financial assets represents the maximum credit exposure. F-138

Notes to Combined Financial Statements (Amounts in US Dollars, except otherwise indicated) 3.Financial risk management (cont.) The maximum exposure to credit risk at the reporting date was as follows:

|                                                |     | June 30, |     |         |
|                                                |     |     2024 |     |    2023 |
| Financial asset                                |     |          |     |         |
| Cash and cash equivalents                      |     |   41,727 |     |  48,836 |
| Short term investments                         |     |        — |     |  53,274 |
| Trade receivables and other receivables(*)(**) |     |   32,116 |     | 308,532 |
| Total                                          |     |   73,843 |     | 410,642 |

____________ (*)Prepaid expenses and tax balances are not included. (**)Trade receivables primarily relate to services provided to CIBIC under the commercialization agreement. There is a concentration of credit risk related to the Heritas Diagnostics segment whereas CIBIC accounted for 61% and 98% of trade receivables, respectively. Meyerlab S.A. represented 15% of trade receivables at June 30, 2024. The Group assessed that there was no need to establish an allowance for credit expected losses for any of the periods presented. See Note 9 for details. In the Rewell segment, not one single customer represents a significant amount as of June 30, 2024 and 2023. Credit risk within the Rewell segment is mitigated due to the upfront cash collection of invoices. Cash balances held with banks and bank deposits are managed via diversification of financial institutions and the Group only holds cash balances with major reputable and highly rated of them. The Group believes it is not exposed to a significant amount of credit risk. (b)Liquidity risk Liquidity risk is the risk that the Group will encounter difficulty in meeting the obligations associated with its financial liabilities that are settled by delivering cash