Company: GRAN
Filing Date: 2025-03-14
Form Type: F-1/A
Source: 0001213900-25-023979
Chunk: 141

Company: Grande Group Ltd/HK
Filing Date: 2025-03-14
Form: F-1/A
Chunk 141
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 the year ended March31, 2024, net cash used in financing activities was $0.3million, which mainly consists of payments of offering costs related to the Offering. For the year ended March31, 2023, net cash provided by financing activities was approximately $0.3million, solely consisted of advance from a related party, being Grande Holding Limited, of $0.3million. Mr.Tak Kai Raymond, TAM, the majority shareholder of the Controlling Shareholder, is the source of the funds that the Controlling Shareholder loaned to the Company. Off-Balance Sheet Arrangements We had not entered any material off -balancesheet transactions and arrangements during the six months ended September30, 2024 and 2023 and the years ended March31, 2024 and 2023. Leased Properties Our Operating Subsidiary, Grande Capital, leases an office in Room 2701, 27/F, Tower1, Admiralty Center, No. 18 Harcourt Road, Hong Kong, with a term from April 2023 to March 2026. The monthly rent for the office is $13,822 (HK$107,814). 77

Contractual Obligations The following table summarizes our contractual obligations as of September 30, 2024:

|                                                |     | Payment due by period |   |     |        |   |     |           |     |         |   |
|                                                |     |             Less than 
                1 year |   |     | 1 to 3 
  years |   |     | More than 
 3 years   |     |   Total |   |
| Future minimum payments under operating leases |     |               165,868 |   |     | 82,934 |   |     | —         |     | 248,802 |   |
| Less: imputed interest                         |     |                (9,801 | ) |     | (1,403 | ) |     | —         |     | (11,204 | ) |
| Lease obligation                               |     |               156,067 |   |     | 81,531 |   |     | —         |     | 237,598 |   |

Capital Expenditures We and our subsidiaries had not purchased any leasehold improvement and equipment for use in our operations during the six months ended September30, 2024 and 2023 and the years ended March31, 2024 and