Company: BGHL
Filing Date: 2025-09-22
Form Type: F-1/A
Source: 0001213900-25-089787
Chunk: 31

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-09-22
Form: F-1/A
Chunk 31
---
 to file an annual report on Form 20 -Fwithin four months of the end of each fiscal year. Press releases relating to financial results and material events will also be furnished to the SEC on Form 6 -K. However, the information we are required to file with or furnish to the SEC will be less extensive and less timely compared to that required to be filed with the SEC by U.S. domestic issuers. As a result, you may not be afforded the same protections or information that would be made available to you were you investing in a U.S. domestic issuer. The Nasdaq listing rules provide that a foreign private issuer may follow the practices of its home country, which for us is the Cayman Islands, rather than the Nasdaq rules as to certain corporate governance requirements, including the requirement that the issuer have a majority of independent directors, the audit committee, compensation committee, and nomination committee requirements, the requirement to disclose third -partydirector and nominee compensation, and the requirement to distribute annual and interim reports. A foreign private issuer that follows a home country practice in lieu of one or more of the listing rules is required to disclose in its annual reports filed with the SEC each requirement that it does not follow and describe the home country practice followed by the issuer in lieu of such requirements. Although we do not currently intend to take advantage of these exceptions to the Nasdaq corporate governance rules, we may in the future take advantage of one or more of these exemptions. See “Risk Factors — Risks Related to our Ordinary Shares and this Offering — Because we are a foreign private issuer and are exempt from certain Nasdaq corporate governance standards applicable to U.S. issuers, you will have less protection than you would have if we were a domestic issuer.” 10

THE OFFERING

| Securities offered by us                                         |     | 1,600,000 Ordinary Shares (1,840,000 Ordinary Shares, assuming full exercise of the over-allotment)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| Over-allotment option                                            |     | We have granted the underwriters an option, exercisable for thirty (30) from the closing of this Offering, to purchase up to an aggregate of 240,000 additional Ordinary Shares (or 15% of the total number of Ordinary Shares offered in this Offering) at the initial public offering price, less underwriting discounts.                                                                                                                                                                                                                                                                                             |
| Price per Ordinary Share                                         |     | We currently estimate that the initial public offering price will be in the range of US$4.00 to