Company: BGHL
Filing Date: 2025-10-28
Form Type: F-1/A
Source: 0001213900-25-102958
Chunk: 80

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-10-28
Form: F-1/A
Chunk 80
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 potentially jeopardizing our ability to maintain a Nasdaq listing. As of the date of this prospectus, the Company has 18,400,000 Ordinary Shares issued and outstanding. This number includes 18,399,000 Ordinary Shares recently allotted and issued to our existing shareholders at par value as part of our reorganization. The issuance of this large volume of Shares results in immediate dilution to new investors purchasing Shares in this offering, in terms of net tangible book value. The substantial number of outstanding Shares held by our existing shareholders creates a significant market overhang. Once the applicable lock -upperiods expire, if our existing shareholders sell a considerable volume of their Shares in the public market, the resulting selling pressure could cause the market price of our Ordinary Shares to fall significantly and increase volatility. Such increased volatility and a rapid decline in our stock price could severely jeopardize our ability to meet the Nasdaq Capital Market’s continued listing standards. For instance, a decline could cause our market value of listed securities or minimum bid price to fall below required thresholds, which would make it difficult for investors to sell their Shares and would likely reduce the value and liquidity of our securities. 39 USE OF PROCEEDS We estimate that we will receive net proceeds from this Offering of approximately US$6.51million after deducting underwriting discounts and commissions and estimated offering expenses payable by us. These estimates are based upon an assumed initial offer price of US$5.00 per share, the midpoint of the estimated range of the initial public Offer Price shown on the front cover of this prospectus. A US$1.00 increase (decrease) in the assumed initial public offering price of US$5.00 per Ordinary Share would increase (decrease) the net proceeds to us from this offering by US$1.60million, assuming the underwriters do not exercise their over -allotmentoption to purchase additional Ordinary Shares and the number of Ordinary Shares offered by us, as set forth on the cover page of this prospectus, remains the same and after deducting the estimated underwriting discounts and commissions and estimated expenses payable by us. We plan to use the net proceeds of this Offering in the following order of priority: •expanding our market reach and strengthening our sales and distribution infrastructure (approximately 45%), •enhancing our brand awareness and investing in marketing and advertising initiatives (approximately 35%), and •general corporate purposes (approximately 20%). To the extent that our actual net proceeds are not sufficient to fund all of the proposed purposes, we will