Company: PAVS
Filing Date: 2025-08-04
Form Type: 20-F
Source: 0001929980-25-000590
Chunk: 3

Company: Paranovus Entertainment Technology Ltd.
Filing Date: 2025-08-04
Form: 20-F
Item: Item 3
Chunk 3
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  Certain judgments obtained against us by our shareholders may not be enforceable. See more detailed discussion of this risk factor on page 1 of this annual report.  
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  We are an emerging growth company within the meaning of the Securities Act and may take advantage of certain reduced reporting requirements. See more detailed discussion of this risk factor on ...  
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  We qualify as a foreign private issuer and, as a result, we are not subject to U. S. proxy rules and are subject to Exchange Act reporting obligations that permit less detailed and less frequen...  

  As a foreign private issuer, we are permitted to adopt certain home country practices in relation to corporate governance matters that differ significantly from Nasdaq corporate governance list...  

  There can be no assurance that we will not be a passive foreign investment company, or PFIC, for U. S. federal income tax purposes for any taxable year, which could result in adverse U. S. fede...  

  We may be exposed to potential risks relating to our internal controls over financial reporting. See more detailed discussion of this risk factor on page 1 of this annual report.  
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  The relative lack of public company experience of our management team may put us at a competitive disadvantage. See more detailed discussion of this risk factor on page 1 of this annual report.  
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  Our Class A Ordinary Shares are very thinly traded, and there can be no assurance that there will be an active market for our Class A Ordinary Shares in the future. See more detailed discussion...  

  The TikTok-Driven E-Commerce business is heavily dependent on TikTok’s operation in the U. S. See more detailed discussion of this risk factor on page 1 of this annual report.  

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Risks related to Our Business

We have an evolving business model with still untested growth initiatives.

We have an evolving business model and intend to implement