Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 648

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 648
---
FRS 9 as the Company retains substantially all the risks and rewards of ownership. Accordingly, the discounted checks remain recognized as financial assets, and the proceeds received are recorded against financial liabilities. The obligation is extinguished upon maturity of the check (which occurs 60 days after collection), the currency is Argentine peso and the interest rate is between 34% and 49% per year. This transaction is reflected in the cash flow statement as an operating cash inflow for the reduction of the accounts receivable, and a financial cash outflow for the cancellation of the financial debt (as deemed cash movements). Loans from related parties As of December 31, 2024, the Group has outstanding borrowings from related parties under credit line agreements with Heritas Ltd, Bioceres S.A., and CIBIC. Further details regarding borrowings from related parties see Note 20. The following tables summarize the activity related to the Group’s issuance of borrowings for the six months ended December 31, 2024 and 2023:

|                                 |     |      Cash 
  Movement |   |     | Non-cash 
 Movement |   |     |     Total |   |
| Balance as of June 30, 2024     |     |         — |   |     |        — |   |     | 2,706,672 |   |
| Additions                       |     | 1,272,341 |   |     |        — |   |     | 1,272,341 |   |
| Interest accrued                |     |         — |   |     |  223,462 |   |     |   223,462 |   |
| Payments of principal           |     |  (733,414 | ) |     |        — |   |     |  (733,414 | ) |
| Payments of interest            |     |   (62,745 | ) |     |        — |   |     |   (62,745 | ) |
| Inflation adjustment            |     |         — |   |     |   (9,027 | ) |     |    (9,027 | ) |
| Balance as of December 31, 2024 |     |   476,182 |   |     |  214,435 |   |     | 3,397,289 |   |

|                                 |     |     Cash 
 Movement |   |     | Non-cash 
 Movement |     |     Total |   |