Company: SPPL
Filing Date: 2025-04-08
Form Type: 20-F
Source: 0001641172-25-003217
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Company: SIMPPLE LTD.
Filing Date: 2025-04-08
Form: 20-F
Item: Item 3
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ITEM
3. KEY INFORMATION

B.
Capitalization and Indebtedness.

Not
applicable.

C.
Reason for the Offer and Use of Proceeds.

Not
applicable.

D.
Risk Factors.

You
should carefully consider all the information in this Annual Report, including various changing regulatory, competitive, economic, political
and social risks and conditions described below, before making an investment in our ordinary shares. One or more of a combination of
these risks could materially impact our business, results of operations and financial condition. In any such case, the market price of
our ordinary shares could decline, and you may lose all or part of your investments.

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RISKS
RELATING TO OUR BUSINESS

We
may incur losses in the future.

We
anticipate that our operating expenses, together with the general administrative expenses of being a public company, will increase in
the foreseeable future as we seek to maintain and continue to grow our business, attract potential customers and further enhance our
service offerings. These efforts may prove more expensive than we currently anticipate, and we may not succeed in increasing our revenue
sufficiently to offset these higher expenses. As a result of the foregoing and other factors, we may incur net losses in the future and
may be unable to achieve or maintain profitability on a quarterly or annual basis for the foreseeable future.

There
is no assurance that our future expansion and other growth plans will be successful.

As
part of our future plans, we intend to expand our SIMPPLE Ecosystem through the further development of SIMPPLE. AI. We may expand our
range of services organically, or inorganically through licensing, joint ventures, acquisitions and/or strategic alliances.

As
such, we may be subject to risks related to the expansion of our Group such as, among others:

  the availability of sufficient funds;                               
  difficulties arising from operating a significantly                 
  difficulties in entering into new businesses for which              
  difficulties in integrating the assets and the business             
  failure to realize expected profitability or growth;                
  failure to realize expected synergies and cost savings;             
  unforeseen legal, regulatory, contractual, labor or                 

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We
have, in the last year, expanded our operations into Australia /New Zealand and may also enter or expand in other geographic markets
such as Canada, Hong Kong, Japan, the Middle East, the United Kingdom, Europe and the United States depending on