Company: DTCK
Filing Date: 2025-03-24
Form Type: F-3
Source: 0001683168-25-001820
Chunk: 22

Company: DAVIS COMMODITIES Ltd
Filing Date: 2025-03-24
Form: F-3
Chunk 22
---
 at a discount below their stated
principal amount. We will describe in the applicable prospectus supplement any special federal income tax considerations applicable to
these discounted debt securities.

We may issue debt securities with the principal amount payable on any
principal payment date, or the amount of interest payable on any interest payment date, to be determined by referring to one or more currency
exchange rates, commodity prices, equity indices or other factors. Holders of such debt securities may receive a principal amount on any
principal payment date, or interest payments on any interest payment date, that are greater or less than the amount of principal or interest
otherwise payable on such dates, depending upon the value on such dates of applicable currency, commodity, equity index or other factors.
The applicable prospectus supplement will contain information as to how we will determine the amount of principal or interest payable
on any date, as well as the currencies, commodities, equity indices or other factors to which the amount payable on that date relates
and certain additional tax considerations

We urge you to read the applicable prospectus supplements and any related
free writing prospectuses related to the debt securities that we may offer under this prospectus, as well as the complete indenture that
contains the terms of the debt securities.

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<div align='center'>DESCRIPTION OF WARRANTS</div>

We may issue warrants to purchase our debt or equity securities
or securities of third parties or other rights, including rights to receive payment in cash or securities based on the value, rate or
price of one or more specified commodities, currencies, securities or indices, or any combination of the foregoing. Warrants may be issued
independently or together with any other securities and may be attached to, or separate from, such securities. Each series of warrants
will be issued under a separate warrant agreement to be entered into between us and a warrant agent. The terms of any warrants to be issued
and a description of the material provisions of the applicable warrant agreement will be set forth in the applicable prospectus supplement.

We urge you to read the applicable prospectus supplements and any related
free writing prospectuses related to the warrants that we may offer under this prospectus, as well as the complete warrant agreements
and warrant certificates that contain the terms of the warrants.

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<div align='center'>DESCRIPTION OF RIGHTS</div>

We may issue rights to purchase our securities.
The rights may or may not be transferable by the persons purchasing or receiving the rights. In connection with any rights offering,