Company: EJH
Filing Date: 2025-03-24
Form Type: 424B5
Source: 0001013762-25-001635
Chunk: 65

Company: E-Home Household Service Holdings Ltd
Filing Date: 2025-03-24
Form: 424B5
Chunk 65
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 addressing such enhanced regulatory requirements. For additional information, see “Risk Factors—Risks Related to Doing Business in China—Our business is subject to complex and evolving laws and regulations regarding privacy and data protection. Compliance with China’s new Data Security Law, Cybersecurity Review Measures, Personal Information Protection Law, as well as additional laws, regulations, and guidelines that the Chinese government promulgates in the future may entail significant expenses and could materially affect our business” on page 12.

Transfer of Cash Through Our Organization

Holding Company Structure

Our equity structure is a direct holding structure, that is, E-Home, the Cayman Islands entity listed in the U.S., controls E-Home Pingtan and Fuzhou Bangchang and other Chinese operating entities through E-Home HK. See “ Prospectus Summary—Corporate Structure” above on page 2 for more details.

Cash and Other Assets Transfers Between the Holding Company and Its Subsidiaries

As a result of E-Home’s IPO closed in May 2021, E-Home received net proceeds of approximately $21.66 million. On December 20, 2021, E-Home issued the Convertible Note to an institutional investor in the principal amount of $5,275,000, before deducting original issue discount, investor’s legal and other transaction costs, and placement agent fees. As of December 31, 2021, with respect to the net proceeds from the IPO and the Convertible Note, E-Home had transferred approximately $11.31 million to E-Home Pingtan through E-Home HK and separately sent approximately $4.70 million to E-Home HK; E-Home had kept the remaining approximately $10.60 million in its own account.

Other than the IPO and the Convertible Note, E-Home has not raised funds from investors so far, nor has it transferred any other funds to its subsidiaries. See the section entitled “Incorporation of Certain Information by Reference” below regarding information of our consolidated financial statements for the years ended June 30, 2021, 2020 and 2019 as well as our reports on Form 6-K that are incorporated into this prospectus.

E-Home, as a holding company, may rely on dividends and other distributions on equity paid by its Chinese subsidiaries for E-Home’s cash and financing requirements, including the funds necessary to pay dividends and other cash distributions to its shareholders or to service any expenses and other obligations it may incur. To date, there