Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 121

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 121
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 country practice in lieu of the requirements under Nasdaq listing rules with respect to certain
corporate governance standards which may afford less protection to investors. Accordingly, you would not have the same protections afforded
to shareholders of companies that are subject to all of the corporate governance requirements of Nasdaq. Our controlling shareholder
will have substantial control over corporate matters after this offering.

As a foreign private issuer, we are permitted to adopt certain home country practices in relation to corporate governance matters that differ significantly from the Nasdaq listing standards. These practices may afford less protection to shareholders than they would enjoy if we complied fully with corporate governance listing standards.

As a foreign private issuer,
we are permitted to take advantage of certain provisions in the Nasdaq listing standards that allow us to follow Cayman Islands law for
certain governance matters. Certain corporate governance practices in the Cayman Islands may differ significantly from corporate governance
listing standards as, except for general fiduciary duties and duties of care, Cayman Islands law has no corporate governance regime which
prescribes specific corporate governance standards. Currently, we do not intend to rely on home country practice with respect to our
corporate governance after we complete with this offering. However, if we choose to follow home country practice in the future, our shareholders
may be afforded less protection than they otherwise would have under corporate governance listing standards applicable to U.S. domestic
issuers.

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You may face difficulties in protecting your interests, and your ability to protect your rights through U.S. courts may be limited, because we are incorporated under Cayman Islands law.

We are an exempted company
incorporated under the laws of the Cayman Islands. Our corporate affairs are governed by our memorandum and articles of association (“Memorandum
and Articles of Association”), the Companies Act (As Revised) of the Cayman Islands, and the common law of the Cayman Islands.
The rights of shareholders to take action against the directors, actions by our minority shareholders and the fiduciary duties of our
directors to us under Cayman Islands law are to a large extent governed by the common law of the Cayman Islands. The common law of the
Cayman Islands is derived in part from comparatively limited judicial precedent in the Cayman Islands and from the common law of England,
the decisions of whose courts are of persuasive authority, but are not binding, on a court in the Cayman Islands.

The rights of our shareholders
and the fiduciary duties of our directors under Cayman Islands law are