Company: OCG
Filing Date: 2025-12-11
Form Type: 424B5
Source: 0001213900-25-120719
Chunk: 31

Company: Oriental Culture Holding LTD
Filing Date: 2025-12-11
Form: 424B5
Chunk 31
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 difference between the amount per share paid by investors in this offering
and the as adjusted net tangible book value per share of our Ordinary Shares immediately after this offering.

After giving effect to our
Ordinary Shares in this offering, assuming an offering price of $8.70, our as adjusted net tangible book value as of June 30, 2025 would
have been $242,379,446, or $5.48 per share of Ordinary Shares. This represents an immediate increase in net tangible book value
of $3.19 per share of Ordinary Shares to existing stockholders and an immediate dilution of $3.22 per share of Ordinary
Shares to new investors purchasing shares of our Ordinary Shares.

| Offering price per share (assuming and using the closing price of 12/10/2025)         |     | $ | 8.70 |
| Net tangible book value per share as of June 30, 2025                                 |     | $ | 2.29 |
| Increase per share attributable to this offering                                      |     | $ | 3.19 |
| As adjusted net tangible book value per share as of June 30, 2025 after this offering |     | $ | 5.48 |
| Dilution per share to new investors                                                   |     | $ | 3.22 |

The number of ordinary shares outstanding after
this offering is based on 21,233,927 Ordinary Shares outstanding as of June 30, 2025 and excludes, as of such date: 1,247,000 Ordinary
Shares issuable upon exercise of warrants at an exercise price of $0.50 per share.

A $1.00 increase (decrease) in the assumed offering price of $8.70
per Ordinary Share would increase (decrease) our pro forma as adjusted net tangible book value after giving effect to this offering by
$22,298,851, the pro forma as adjusted net tangible book value per Ordinary Share after giving effect to this offering by $0.51 per Ordinary
Share, and the dilution in pro forma as adjusted net tangible book value per Ordinary Share to new investors in this offering by Ordinary
Shares $0.51 per Ordinary Share, assuming no change to the number of Ordinary Shares offered by us as set forth this prospectus supplement,
and after deducting sales agent commission, and estimated offering expenses.

The above illustration of dilution per share
to investors participating in this offering assumes no exercise of outstanding warrants to purchase Ordinary Shares