Company: APXIF
Filing Date: 2025-03-31
Form Type: F-4/A
Source: 0001213900-25-026339
Chunk: 411

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: F-4/A
Chunk 411
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, 2024 was $22,118. On April 18, 2024 the maturity of this agreement was extended to September 1, 2028 and accrues interest at 6.5% per annum. On January 17, 2023, Heritas Argentina and CIBIC entered into a revolving loan agreement in the aggregate amount of up to $1,006,686, which was made available in Argentine Pesos, for working capital and general corporate purposes, and is available for disbursement through January 17, 2024. On January 31, 2023, the parties executed an amendment to adjust certain commercial conditions. On October 23, 2023, the parties executed an amendment to increase the facility amount to up to $1,106,686. The outstanding balance of this loan as of June 30, 2024 was $127,190. On April 18, 2024 the maturity of this agreement was extended to January 17, 2028 and accrues interest at 6.5% per annum. On October 1, 2023, Heritas Argentina and CIBIC entered into a revolving loan agreement in the aggregate amount of up to $238,742, which was made available in Argentine Pesos, and is available for disbursement through October 1, 2024. The outstanding balance of this loan as of June 30, 2024 was $0.01. On March 20, 2024 the maturity of this agreement was extended to October 1, 2028 and accrues interest at 6.5% per annum. Subsequent Events Lease Commitments On January 1, 2024, Heritas Argentina entered into a new lease for laboratory and office space for a 3 -yearperiod with CIBIC. The expected lease commitments resulting from this contract are $158,994 for the entire contractual period. Loan Amendments and Credit Line Extensions On October 23, 2024, Heritas Argentina amended its existing loan agreements with CIBIC and Bioceres S.A. to incorporate credit line extensions, increasing the amount available under the Bioceres S.A. credit line to $820,000 and the CIBIC credit line to the total of $1,106,685.91, ensuring access to sufficient funds to support the subsidiary’s operational and strategic initiatives prior to the Closing. Second Amendment to Commercialization Agreement On February1, 2025, Heritas Argentina and CIB