Company: RMSGW
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001641172-25-021609
Chunk: 48

Company: Real Messenger Corp
Filing Date: 2025-07-31
Form: 20-F
Item: Item 3
Chunk 48
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at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statements
with certain other public companies difficult or impossible because of the potential differences in accounting standards used.

Furthermore,
even after the Company no longer qualifies as an “emerging growth company,” as long as the Company continues to qualify as
a foreign private issuer under the Exchange Act, the Company will be exempt from certain provisions of the Exchange Act that are applicable
to U. S. domestic public companies, including, but not limited to, the sections of the Exchange Act regulating the solicitation of proxies,
consents or authorizations in respect of a security registered under the Exchange Act; the sections of the Exchange Act requiring insiders
to file public reports of their stock ownership and trading activities and liability for insiders who profit from trades made in a short
period of time; and the rules under the Exchange Act requiring the filing with the SEC of quarterly reports on Form 10-Q containing unaudited
financial and other specified information, or current reports on Form 8-K, upon the occurrence of specified significant events. In addition,
the Company will not be required to file annual reports and financial statements with the SEC as promptly as U. S. domestic companies
whose securities are registered under the Exchange Act, and are not required to comply with Regulation FD, which restricts the selective
disclosure of material information.

  33  

As
a result, the Company’s shareholders may not have access to certain information they deem important. the Company cannot predict
if investors will find the Company’s Ordinary Shares less attractive because the Company relies on these exemptions. If some investors
find the Company’s Ordinary Shares less attractive as a result, there may be a less active trading market and share price for the
Company’s Ordinary Shares may be more volatile.

The
Company will be a “controlled company” under the Corporate Governance Rules of Nasdaq and can rely on exemptions from certain
corporate governance requirements that could adversely affect the Company’s public shareholders.

Mr.
Thomas Ma and his family members together hold 5,850,000 of the Ordinary Shares (consisting of 4,050,000 Class B Ordinary Shares)
giving them a majority of the aggregate voting power of the Company. Therefore, the Company will qualify as a “controlled company”
under the Corporate Governance Rules of Nasdaq. Under these rules, a company of which more than 50% of the voting power is held by an
individual, group or another company is a