Company: BGHL
Filing Date: 2025-05-30
Form Type: DRS
Source: 0001213900-25-049553
Chunk: 67

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-05-30
Form: DRS
Chunk 67
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 to shareholder lawsuits and SEC enforcement actions and are conducting internal and external investigations into the allegations. It is not clear what effect this sector -widescrutiny, criticism and negative publicity will have on us, our offering, business and our Ordinary Share price. If we become the subject of any unfavorable allegations, whether such allegations are proven to be true or untrue, we will have to expend significant resources to investigate such allegations and/or defend our company. This situation will be costly and time consuming and distract our management from developing our growth. If such allegations are not proven to be groundless, we and our business operations will be severely affected and you could sustain a significant decline in the value of our Ordinary Shares. 34 USE OF PROCEEDS We estimate that we will receive net proceeds from this Offering of approximately $[*] million, after deducting underwriting discounts and commissions and estimated offering expenses payable by us. These estimates are based upon an assumed initial offer price of $[*] per share, the midpoint of the estimated range of the initial public Offer Price shown on the front cover of this prospectus. A US$1.00 increase (decrease) in the assumed initial public offering price of US$[*] per Ordinary Share would increase (decrease) the net proceeds to us from this offering by US$[*] million, assuming the underwriters do not exercise their over -allotmentoption to purchase additional Ordinary Shares and the number of Ordinary Shares offered by us, as set forth on the cover page of this prospectus, remains the same and after deducting the estimated underwriting discounts and commissions and estimated expenses payable by us. We plan to use the net proceeds of this Offering in the following order of priority: •expanding our market reach and strengthening our sales and distribution infrastructure (approximately 45%), •enhancing our brand awareness and investing in marketing and advertising initiatives (approximately 35%), and •general corporate purposes (approximately 20%). To the extent that our actual net proceeds are not sufficient to fund all of the proposed purposes, we will decrease our allocation of the net proceeds for the purposes set out above on a pro rata basis. We would anticipate raising additional capital through equity or debt financing sufficient to fund our proposed uses above. The amounts and timing of any expenditures will vary depending on the amount of cash generated by our operations, and the rate of growth, if any, of our business, and our plans and business conditions. The foregoing represents our current intentions based upon our present plans and business conditions to use and allocate the