Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 239

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 239
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 the dissolution is initiated by the board of directors may it be approved
by a simple majority of the corporation’s outstanding shares. Delaware law allows a Delaware corporation to include in its Certificate
of Incorporation a supermajority voting requirement in connection with dissolutions initiated by the board.

Under the Companies Act
and our Amended and Restated Memorandum and Articles of Association to be adopted and to become effective immediately prior to completion
of this offering, the Company may be wound up by a special resolution of our shareholders, or if the winding up is initiated by our board
of directors, by either a special resolution of our members or, if our Company is unable to pay its debts as they fall due, by an ordinary
resolution of our members. In addition, a company may be wound up by an order of the courts of the Cayman Islands. The court has authority
to order winding up in a number of specified circumstances including where it is, in the opinion of the court, just and equitable to
do so.

Variation of Rights of Shares

Under the Delaware General
Corporation Law, a corporation may vary the rights of a class of shares with the approval of a majority of the outstanding shares of
such class, unless the Certificate of Incorporation provides otherwise. Under the Companies Act and our Amended and Restated Memorandum
and Articles of Association to be adopted and become effective immediately prior to completion of this offering, if our share capital
is divided into more than one class of shares, the rights attaching to any class of shares (unless otherwise provided by the terms of
issue of the shares of that class) may be varied either with the consent in writing of the holders of not less than two-thirds of the
issued shares of that class, or with the sanction of a resolution passed by a majority of not less than two-thirds of the holders of
shares of the class present in person or by proxy at a separate meeting of the holders of the shares of that class.

| 148 |

Amendment of Governing Documents

Under the Delaware General
Corporation Law, a corporation’s Certificate of Incorporation may be amended only if adopted and declared advisable by the board
of directors and approved by a majority of the outstanding shares entitled to vote, and the bylaws may be amended with the approval of
a majority of the outstanding shares entitled to vote and may, if so provided in the Certificate of Incorporation, also be amended by
the board of directors.

As permitted under the Companies
Act and