Company: GINT
Filing Date: 2025-03-12
Form Type: DRS/A
Source: 0001213900-25-022887
Chunk: 31

Company: Gifts International Holdings Ltd
Filing Date: 2025-03-12
Form: DRS/A
Chunk 31
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 from operating activities and/or obtain external financing in the future to meet our operational needs. •We have significant working capital needs and if we are unable to satisfy those needs from cash generated from our operations or borrowings under our debt instruments, we may not be able to continue our operations. •We are affected by the macroeconomic, political, regulatory, social and other factors beyond our control mainly in Hong Kong. •We are exposed to credit risks of our customers. •We rely on third -partylogistics companies to fulfill part of our delivery needs. •We are dependent on our management team. •We have leased properties, and we may not be able to renew current leases or relocate for relevant leased properties. •Any unexpected or prolonged disruptions to the operation of our workshop could adversely affect our business. •We are dependent on external financing to support our business growth. •We may default on our obligations under our credit facilities. •We are exposed to risks of infringement of our intellectual property rights and the unauthorized use of our trademarks by third parties. •Our lack of effective internal controls over financial reporting may affect our ability to accurately report our financial results or prevent fraud. •We are starting to explore the use of artificial intelligence in our business, which could expose us to liability or adversely affect our business. Risks Related to our Corporate Structure •We are incorporated under the law of the British Virgin Islands and conduct substantially all of our operations, and all of our directors and executive officers reside, outside of the United States. You may face difficulties in protecting your interests, and your ability to protect your rights through U.S. courts may be limited. Risks Related to our Shares In addition to the risks described above, we are subject to general risks and uncertainties relating to our Class A Ordinary Shares and this offering, including but not limited to the following: •There has been no public market for our Class A Ordinary Shares prior to this offering; and an active trading market may not develop or be sustained. •Our Class A Ordinary Share price may never trade at or above the price in this offering. •The initial public offering price for our Class A Ordinary Shares may not reflect their actual value. •Our Class A Ordinary Share price may be volatile, and you may lose all or part of your investment. Such rapid and substantial price volatility, including any stock run -up, may be unrelated to our actual or expected operating performance and financial condition or prospects, making it difficult for prospective investors to assess the rapidly changing value of our ordinary shares. •Volatility in our