Company: RITR
Filing Date: 2025-11-28
Form Type: F-3
Source: 0001213900-25-115738
Chunk: 39

Company: Reitar Logtech Holdings Ltd
Filing Date: 2025-11-28
Form: F-3
Chunk 39
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, an agreement of merger must be properly adopted and the agreement
of merger or a certificate of merger must be filed with the Delaware Secretary of State. In order to be properly adopted, the agreement
of merger must be adopted by the board of directors of each constituent corporation by a resolution or unanimous written consent. In
addition, the agreement of merger generally must be approved at a meeting of shareholders of each constituent corporation by a majority
of the outstanding stock of the corporation entitled to vote, unless the certificate of incorporation provides for a supermajority vote.
In general, the surviving corporation assumes all of the assets and liabilities of the disappearing corporation or corporations as a
result of the merger.

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The Companies Act
provides for the merger or consolidation of two or more companies into a single entity. The legislation makes a distinction between a
“consolidation” and a “merger.” In a consolidation, a new entity is formed from the combination of each participating
company, and the separate consolidating parties, as a consequence, cease to exist and are each stricken by the Registrar of Companies.
In a merger, one company remains as the surviving entity, having in effect absorbed the other merging parties that are then stricken
and cease to exist.

Two or more Cayman-registered companies
may merge or consolidate. Cayman-registered companies may also merge
or consolidate with foreign companies provided that the laws of the foreign jurisdiction permit such merger or consolidation.

Under the Cayman Companies
Act, a plan of merger or consolidation shall be authorized by each constituent company by way of (i) a special resolution of the
members of each such constituent company; and (ii) such other authorization, if any, as may be specified in such constituent company’s
memorandum and articles of association. A merger between a Cayman parent company and its Cayman subsidiary or subsidiaries does not require
authorization by a resolution of shareholders of that Cayman subsidiary if a copy of the plan of merger is given to every member of that
Cayman subsidiary to be merged unless that member agrees otherwise. For this purpose a subsidiary is a company of which at least ninety
percent (90%) of the votes are owned by the parent company.

The consent of each holder
of a fixed or floating security interest over a constituent company is required unless this requirement is waived by a court in the Cayman
Islands.

Except in certain circumstances,
a dissentient shareholder of a Cayman constituent company is entitled