Company: GINT
Filing Date: 2025-03-12
Form Type: DRS/A
Source: 0001213900-25-022887
Chunk: 265

Company: Gifts International Holdings Ltd
Filing Date: 2025-03-12
Form: DRS/A
Chunk 265
---
 more broker -dealersor agents or in the over -the -countermarket at market prices prevailing at the time of sale. If the Resale Shares are sold through broker -dealers, the Resale Shareholders will be responsible for any commissions or agent’s commissions. The Resale Shares may be sold in one or more transactions at prevailing market prices at the time of the sale. However, the Resale Shareholders will not sell any Resale Shares until after the closing of the underwritten primary offering. The offering by the Resale Shareholders will remain open for [*] days following the date of this prospectus. These sales may be effected in transactions, which may involve crosses or block transactions: •on any national securities exchange or quotation service on which the securities may be listed or quoted at the time of sale; •in the over -the -countermarket; •in transactions otherwise than on these exchanges or systems or in the over -the -countermarket; •ordinary brokerage transactions and transactions in which the broker -dealersolicits purchasers; •block trades in which the broker -dealerwill attempt to sell the securities as agent but may position and resell a portion of the block as principal to facilitate the transaction; •purchases by a broker -dealeras principal and resale by the broker -dealerfor its account; •an exchange distribution in accordance with the rules of the applicable exchange; •short sales; •in transactions through broker -dealersthat agree with the Resale Shareholders to sell a specified number of such securities at a stipulated price per security; •through the writing or settlement of options or other hedging transactions, whether through an options exchange or otherwise; •a combination of any such methods of sale; or •any other method permitted pursuant to applicable law. The Resale Shareholders may also sell securities under Rule 144 or any other exemption from registration under the Securities Act, if available, rather than under this prospectus. However, the Resale Shareholders will not sell any Resale Shares until after the closing of the primary underwritten initial public offering. Under applicable rules and regulations under the Securities Exchange Act, as amended (the “Exchange Act”), any person engaged in the distribution of the shares may not simultaneously engage in market making activities with respect to the shares for the applicable restricted period, as defined in Regulation M, prior to the commencement of the distribution. In addition, the Resale Shareholders will be subject to applicable provisions of the Exchange Act and the rules and regulations thereunder, including Regulation