Company: APXIF
Filing Date: 2025-07-18
Form Type: F-4/A
Source: 0001213900-25-065703
Chunk: 647

Company: APx Acquisition Corp. I
Filing Date: 2025-07-18
Form: F-4/A
Chunk 647
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| New Diagnostic Test Development |     | 4 – 5 years |
| Rewell Developmentl             |     | 10 years    |

In -processresearch & development costs are not amortized until the completion or abandonment of the associated research and development efforts. If and when development is complete, the associated assets would be deemed finite -livedand would then be amortized based on their respective estimated useful lives at that point in time.

F-101

Notes to Unaudited Interim Condensed Combined Financial Statements (Amounts in US Dollars, except otherwise indicated) 6.Lease The Group has entered a lease for laboratory space with CIBIC with an initial term 48 months, beginning on January 1, 2024, and ending on December 31, 2027. The lease is not automatically renewable and requires mutual agreement between both parties for any extensions. Under the terms of the lease, the Group is obliged to make lease payments on a monthly basis. However, for the first fourteen months of the lease (January 2024 to February 2025), Heritas Ltd made a contribution of the Group as further explained in Note 20. This was recorded as a decrease in the lease liability and an increase in equity in share premium for US$ 21,900. Also, the Group as a lessee, leases office space from a third party called Compañia Insumos y Granos S.A., under a lease with an initial term of 36 months and which does not also renew automatically. The lease begins on January 1, 2024, and ends on December 31, 2027. Supplemental information regarding the lease is as follows:

|                                 |     |        As of 
 December 31, 
         2024 |     |    As of 
 June 30, 
     2024 |   |
|:--------------------------------|:----|-------------:|:----|---------:|:--|
| Rights of use of asset          |     |              |     |          |   |
| Original value                  |     |              |     |          |   |
| Beginning of the year           |     |      224,546 |     |  150,688 |   |
| Additions                       |     |            — |     |  224,546 |   |
| Terminated leases               |     |            — |     | (157,580 | ) |
| Currency translation adjustment |     |       15,825 |