Company: APXIF
Filing Date: 2025-03-31
Form Type: F-4/A
Source: 0001213900-25-026339
Chunk: 163

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: F-4/A
Chunk 163
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 bargaining to become operational. Some of the measures included in this reform are (i) the exclusion of service contracts from the scope of application of the Labor Contract Law, (ii) the consideration of workers as direct employees of those who register the labor relationship, regardless of whether they were hired to provide services to a third company, although the user company will be jointly responsible for certain labor and social security obligations, (iii) the elimination of the presumption of the existence of employment contracts to self -employedworkers who issue invoices, and (iv) the aggravated compensation for dismissal motivated by a discriminatory act. While these reforms may reduce certain costs and regulatory burdens, many provisions require additional regulation or collective bargaining agreements to become fully effective. This reliance on collective bargaining introduces uncertainty, as negotiations may result in inconsistent labor practices across regions. Furthermore, the unpredictability of further regulations, together with inflationary pressures, could adversely affect employee relations, retention, and costs. These factors may significantly impact our ability to manage human capital effectively in Argentina. Risks Related to Government Regulation We conduct business in a heavily regulated industry. Complying with the numerous statutes and regulations pertaining to our business is expensive and time -consuming , and failure to comply could subject us to significant fines and penalties, and our business and results of operations could be adversely affected. The healthcare industry is subject to changing political, economic, and regulatory influences that may affect our telehealth business. During the past several years, the healthcare industry has been subject to an increase in governmental regulation and subject to potential disruption due to legislative initiatives and government regulation, as well as judicial interpretations thereof. While these regulations may not directly impact us or our offerings in every instance, they will affect the healthcare industry as a whole and may impact patient use of our services. We currently accept payments only from our patients and consumers — not any third -partypayors, such as government healthcare programs or health insurers. Because of this approach, we are not currently subject to many of the laws and regulations that impact many other participants in the healthcare industry. 61 If the government asserts broader regulatory control over companies like ours or if we determine that we will change our business model and accept payment from and/or participate in third -partypayor programs, the complexity of our operations and our compliance obligations will materially increase. Failure to comply with any applicable federal, state, and local laws and regulations could have a material adverse effect on our business, financial condition, and results of operations. Even within the narrowed band of applicable healthcare laws and regulations,