Company: JOCM
Filing Date: 2025-05-05
Form Type: 10-K
Source: 0001641172-25-008460
Chunk: 7

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-05-05
Form: 10-K
Item: Item 1
Chunk 7
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    Second Quarter 
    $-  
    $- 
  
    Third Quarter 
    $1.18  
    $1.18 
  
    Fourth Quarter 
    $1.18  
    $1.18 

Holders

As of December 31, 2024, we had 57,680,500 shares
of our Common Stock par value, $0.0001 issued and outstanding. There were 67 beneficial owners of our Common Stock.

Transfer Agent and Registrar

The transfer agent for our capital stock is VStock
Transfer, LLC, with an address at 18, Lafayette Place, Woodmere, New York 11598 and telephone number is +1 (212)828-8436.

Penny Stock Regulations

The Securities and Exchange Commission has adopted
regulations which generally define “penny stock” to be an equity security that has a market price of less than $5.00 per share.
Our Common Stock, when and if a trading market develops, may fall within the definition of penny stock and be subject to rules that impose
additional sales practice requirements on broker-dealers who sell such securities to persons other than established customers and accredited
investors (generally those with assets in excess of $1,000,000, or annual incomes exceeding $200,000 individually, or $300,000, together
with their spouse).

For transactions covered by these rules, the broker-dealer
must make a special suitability determination for the purchase of such securities and have received the purchaser’s prior written
consent to the transaction. Additionally, for any transaction, other than exempt transactions, involving a penny stock, the rules require
the delivery, prior to the transaction, of a risk disclosure document mandated by the Securities and Exchange Commission relating to the
penny stock market. The broker-dealer also must disclose the commissions payable to both the broker-dealer and the registered representative,
current quotations for the securities and, if the broker-dealer is the sole market-maker, the broker-dealer must disclose this fact and
the broker-dealer’s presumed control over the market. Finally, monthly statements must be sent disclosing recent price information
for the penny stock held in the account and information on the limited market in penny stocks. Consequently, the “penny stock”
rules may restrict the ability of broker-dealers to sell our Common Stock and may affect the ability of investors to sell their Common
Stock in the secondary market.

In addition to the “penny stock” rules