Company: GRAN
Filing Date: 2025-07-01
Form Type: 424B4
Source: 0001213900-25-060039
Chunk: 124

Company: Grande Group Ltd/HK
Filing Date: 2025-07-01
Form: 424B4
Chunk 124
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 non -accountableexpense allowance and our estimated offering expenses.

63

DILUTION If you invest in our Class A Ordinary Shares in this Offering, your interest will be immediately diluted to the extent of the difference between the initial public offering price per Ordinary Share in this Offering and the net tangible book value per Ordinary Share after this Offering. Dilution results from the fact that the initial public offering price per Ordinary Share is substantially in excess of the net tangible book value per Ordinary Share. As of September30, 2024, we had a historical net tangible book value of US$247,582, or US$0.014 per Ordinary Share. Our net tangible book value per share represents total tangible assets less total liabilities and deferred IPO costs, divided by the number of Class A Ordinary Shares outstanding on September30, 2024. The calculation in this section assumes that 17,750,000 Class A Ordinary Shares were issued and outstanding as of September 30, 2024. After giving effect to the sale of Class A Ordinary Shares in this Offering at the initial public offering price of US$5.00 per Class A Ordinary Share and after deducting the underwriting discounts, non -accountableexpense allowance and other estimated offering expenses payable by us, our pro forma as adjusted net tangible book value at September 30, 2024 would have been US$7,816,023, or US$0.40 per Ordinary Share. This represents an immediate increase in pro forma as adjusted net tangible book value of US$0.38 per Ordinary Share to existing investors and immediate dilution of $4.60 per Ordinary Share to new investors. The following table illustrates this dilution to new investors purchasing Class A Ordinary Share in this Offering:

|                                                                                                                                                                |     | Offering       
 without        
 Over-allotment 
 Option         |       |     | Offering       
 with Full      
 Exercise of    
 Over-allotment 
 Option         |       |
|:---------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:---------------|------:|:----|:---------------|------:|
| Initial public offering price per Class A Ordinary Share                                                                                                       |     | $              |  5.00 |     | $              |  5.00 |
| Net tangible book value per Class A Ordinary Share as of September 30, 2024                                                                                    |     | $              | 0.014 |     | $              | 0.014 |
| Increase in pro forma as adjusted net tangible book value per Ordinary Share attributable to new investors purchasing