Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 410

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 410
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 to decline. These factors indicate that a material uncertainty exists that may cast significant doubt (or raise substantial doubt as contemplated by PCAOB standards) about the Company’s ability to continue as a going concern. The accompanying audited combined financial statements and the accompanying unaudited interim condensed combined financial statements of the Company do not include any adjustments that might result from the outcome of this uncertainty. We believe that our performance and future success depends on several factors that present significant opportunities for growth but also pose risks and challenges, including those discussed below and in the section of this proxy statement/prospectus entitled “ Risk Factors — Risks Related to our Business and Strategy.” Basis of Preparation and Significant Accounting Policies The following is a description of the Company’s accounting policies that it believes are most critical to the portrayal of its financial conditions and results of operations and that require significant, difficult, subjective or complex judgments. The basis of preparation and significant accounting policies are described in note 3 of the Company’s audited combined financial statements included elsewhere in this proxy statement/prospectus, which have been applied consistently to all the periods presented in the audited combined financial statements. Accounting Standards and Basis of Preparation Please refer to the Company’s audited combined financial statements for the year ended June 30, 2024 and 2023 and the notes thereto, as well as the unaudited interim condensed combined financial statements for the six -monthperiod ended December31, 2024. Foreign Currency Transactions entered into by the Company in a currency other than its functional currency, which is the Argentine Peso, are recorded at the relevant exchange rates at the date upon which such transactions occur. Foreign currency monetary assets and liabilities are translated at the prevailing exchange rates as of the final day of each reporting period. Non -monetaryassets and liabilities that are measured at fair value in a foreign currency are translated into the functional currency at the exchange rate when the fair value was determined. Non -monetaryitems that are measured based on historical cost in a foreign currency are translated at the exchange rate at the date of the transaction. Exchange differences arising on the retranslation of unsettled monetary asset and liabilities are recognized immediately in the statements of operations. Financial Assets Classification of financial assets If and when applicable the Company follows the framework and requirements outlined in IFRS 9 to classify financial assets based on whether: •the financial asset is held within a business model whose objective is to collect contractual cash flows or whose objective is achieved through the collection of contractual cash flows and the sale of financial assets; and •