Company: AOAO
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001493152-25-001624
Chunk: 142

Company: Alpha One Inc.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 142
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 |     | Accounts 
 payable  |                    |
| Vendor B |     | $         |                  386,527 |     |               | 20 | % |     | $        |                  - |
| Vendor E |     |           |                  373,044 |     |               | 19 | % |     |          |            515,914 |
| Vendor F |     |           |                  290,096 |     |               | 15 | % |     |          |            196,762 |
| Total    |     | $         |                1,049,667 |     |               | 54 | % |     |          |            712,676 |

(c) Credit risk

Financial instruments that are potentially subject to credit risk consist principally of accounts receivable. The Company does not generally require collateral from customers. The Company evaluates the need for an allowance for doubtful accounts based upon factors surrounding the credit risk of specific customers, historical trends and other information.

The related party transactions are generally transacted in an arm-length basis at the current market value in the normal course of business.

NOTE 14 - SUBSEQUENT EVENTS

In November 2024, the Company obtained a loan in the principal amount of RMB2,450,000 (approximately $349,096 when borrowed) from Bank of China, which bears interest at 3.00%. The loan is guaranteed by Xiaocai Yu, a related party. The maturity date is on November 7, 2025.

On December 3, 2024, the Company’s stockholders (over 97%) approved and announced that the Company is going to apply a seven-for-one reverse split of common stock as the general meeting of stockholders. The reverse split is still in process, effective date is to be determined.

| F-35 |

<div align='center'>PART II

INFORMATION NOT REQUIRED IN PROSPECTUS</div>

Item 13. Other Expenses of Issuance and Distribution

The following table sets forth the costs and expenses payable by us in connection with the sale of common stock being registered. All amounts are estimates except for the SEC filing fee.

| SEC filing fee               |     | $ |   3,089 |
| Legal fees and expenses      |     | $ |  25,000 |
| Accounting fees and expenses |     | $ | 210,000 |
| Total                        |     | $ | 238,089 |

Item 14. Indemnification