Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 399

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 399
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 the performance of various published PRS within our local demographic, examining their utility for predicting a range of conditions and diseases, and thereby tailoring their application to the genetic makeup of our regional population. Manufacturing, Raw Materials and Suppliers Raw Materials and Key Suppliers Heritas Diagnostics and Rewell rely on a limited number of suppliers, or, in some cases, sole suppliers, for certain laboratory reagents, as well as sequencers and other equipment and materials which we use in our laboratory operations. These include Ilumina, Inc., Amoy Diagnostics Co., Ltd. (“Amoydx”), SOPHiA GENETICS SA (“Sophia Genetics”), and CIBIC. Our tests rely on Illumina NGS technology primarily for production piloting results during the development of our tests. Illumina is the main provider of reagents required for these processes, including those used in our NIPT solution. However, while Illumina is our principal supplier, providing over 85% of the supplies needed to process the SKUs for both Rewell and Heritas Diagnostics, such as next generation sequencers, associated reagents, and maintenance and repair services, the reagents and next generation sequencers can be substituted by other providers if necessary. Other than supplying reagents and equipment, Illumina has no additional involvement in the development of our tests. We currently do not have a contract with Ilumina, as we provide periodical purchase orders for the associated reagents based on our sales forecast. However, we are in discussions with CIBIC to implement a technology change for sequencing equipment. Amoydx and Sophia Genetics, on the other hand, serve as minor suppliers for library preparation and genetic sequencing consumables. If we encounter delays or difficulties in securing these reagents and enzymes, sequencers or other equipment or materials, and if we cannot obtain an acceptable substitute, our operations could be interrupted, which could significantly affect our business, financial condition, results of operations and reputation. There are only a few other manufacturers that are currently capable of supplying and servicing the equipment necessary for our operations, including sequencers and various associated reagents and enzymes, and transitioning to a new supplier would be time consuming and expensive, may potentially result in interruptions in operations, could affect the performance specifications of our laboratory operations or could require that we revalidate our tests. We have other minimal suppliers for disposable laboratory materials and personal protective equipment that require renewal from time to time. These supplies come from suppliers in Argentina, and as such these pose no meaningful operational risks. Wet-Lab