Company: APXIF
Filing Date: 2025-07-03
Form Type: F-4/A
Source: 0001213900-25-061545
Chunk: 166

Company: APx Acquisition Corp. I
Filing Date: 2025-07-03
Form: F-4/A
Chunk 166
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 authorities. There can be no guarantee that the Business Combination will be approved by the applicable antitrust authorities in Argentina, and, if successful, final approval of the Business Combination may take an extended period of time to secure. If the Business Combination is not approved, we may be required to unwind the transactions comprising the Business Combination. Even if the Business Combination is approved, the applicable antitrust authorities in Argentina may, as a condition to their approval of the Business Combination, impose requirements or limitations or require divestitures or place restrictions on the conduct of our business after the closing. These requirements, limitations, divestitures or restrictions could reduce the anticipated benefits of the Business Combination. Any of the foregoing consequences could have a material adverse effect on our business, financial condition, results of operations or growth prospects. Argentina has experienced, and may continue to experience, adverse economic or political conditions, including considerable economic uncertainty that may impact our business, financial condition and results of operations. A major portion of our operations and/or development activities are based in Argentina. Accordingly, our financial condition and results of operations are substantially dependent on economic conditions in Argentina. Latin American countries have historically experienced uneven periods of economic growth, recessions, periods of high inflation and economic instability. Recently, the economic growth rates of the economies of many Latin American countries have slowed and some have entered recessions. Additionally, economic and political developments 60 in Latin America, including future economic changes or crises (such as inflation, currency devaluation or recession), government deadlock, political instability, civil strife, changes in laws and regulations, restrictions on the repatriation of dividends or profits, expropriation or nationalization of property, restrictions on currency convertibility, volatility of the foreign exchange market and exchange controls could impact our operations and/or the market value of the ordinary shares and have a material adverse effect on our business, financial condition and results of operations. In Argentina, the fluctuation in currency exchange rates, the gap between the official and alternative exchange rates, and high inflation, along with the measures attempting to control inflation adopted by the Argentine government, caused a deepening recession, increasing unemployment and the failure of medium and small companies. A high inflation economy could undermine Argentina’s cost competitiveness abroad if not offset by a devaluation of the Argentine peso, which could also negatively affect economic activity and employment levels. Uncertainty about future inflation may contribute to a downturn or contraction in economic growth. Argentine inflation rate volatility makes it impossible to estimate with reasonable certainty the extent to which activity levels and results of our operations could be