Company: LHI
Filing Date: 2025-05-23
Form Type: F-1
Source: 0001213900-25-046955
Chunk: 279

Company: Living Homeopathy International Ltd.
Filing Date: 2025-05-23
Form: F-1
Chunk 279
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 May 27, 2024, Living Global was incorporated in BVI with limited liability and authorized             
 share capital of $50,000 divided into 50,000 of a par value of $1 each. On its date of incorporation, 
 Living Global allotted and issued 1 share to the Company at $1. Upon completion of such allotment     
 and issue of share of Living Global to the Company, Living Global became a direct wholly-owned        
 subsidiary of the Company.                                                                            |

| (iv) | On                                                                                               
 August 28, 2024, a shareholder resolution was passed and approved and the article of association 
 of the Company was amended that (i) the number of authorized shares increased from 50,000        
 shares to 500,000,000 shares and divided into 450,000,000 Class A Ordinary Shares and 50,000,000 
 Class B Ordinary Shares; and (ii) the par value of the shares decreased from $1 each to $0.0001  
 each (collectively refer as the “Share Re-classification”). One Class A                          
 Ordinary Share represents one voting right and one Class B Ordinary Share represents fifteen     
 voting rights. The authorized share capital of the Company remained unchanged at $50,000.        
 The 1 issued ordinary share held by LTO was reclassified as 10,000 Class A Ordinary Shares       
 upon the Share Re-classification. The Company further allotted and issued 8,990,000 Class        
 A Ordinary Shares at $899 and 1,000,000 Class B Ordinary Shares at $100, respectively to         
 LTO.                                                                                             |

| (v) | On                                                                                           
 September 10, 2024, certain third parties, as strategic investors, acquired 4,320,000 Class  
 A Ordinary Shares and 480,000 Class B Ordinary Shares, totaling 48% of total ordinary shares 
 of the Company from LTO.                                                                     |

The Company, together with its wholly-owned
subsidiaries, is effectively controlled by the same shareholder, Mr. To at 100% before the Reorganization and ultimately held as to 52%
after the Reorganization. As such, the Reorganization is considered as a recapitalization of entities under common control. The Company
has retroactively restated all shares and per share data for all the periods presented.

In accordance with the Financial Accounting
Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 805-50-25, the Reorganization has been