Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
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Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 13
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ITEM 13. DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES

None.

ITEM 14. MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS
AND USE OF PROCEEDS

Material Modifications to the Rights of Security Holders

There have been no material modifications to the rights of our security
holders, except that the Company conducted a one-for-fifteen reverse share split of the Company’s issued and unissued ordinary shares
in May 2025, in order to satisfy the $1.00 minimum bid price requirement for continued listing on the NASDAQ Stock Market. As a result
of the reverse split, the number of the Company’s authorized ordinary shares was reduced to 33,333,333 shares, and the par value
per share increased to USD0.0015.

Use of Proceeds

On April 10, 2023, we completed our initial public
offering of 1,250,000 ordinary shares sold at a public offering price of $4.00 per share (the “ IPO”). The ordinary shares
offered and sold in the IPO were registered under the Securities Act pursuant to our Registration Statement on Form F-1 (File No. 333-
267697), which was declared effective by the SEC on March 30, 2023. On April 25, 2023, we completed the sale of an additional 187,500
ordinary shares at the public offering price of $4.00 per share, pursuant to the exercise by the underwriter of the over-allotment option,
in full, granted to it in connection with the IPO.

Our IPO, including the over-allotment, generated
gross proceeds of $5.75 million. We paid underwriting discounts and commissions of approximately $0.4 million and other issuance costs
of approximately $1.01 million. We paid out of pocket all of our fees, costs and expenses in connection with the IPO.

No offering expenses were paid directly or indirectly
to any of our directors or officers (or their associates), persons owning 10% or more of our ordinary shares or any other affiliates.

As of June 30, 2025, we had fully utilized the
net proceeds from our IPO, which were used primarily for strategic investment, research and development, working capital and general corporate
purposes, consistent with the intended use described in our final prospectus filed with the SEC on April 6, 2023, pursuant to Rule 424(b).

ITEM