Company: FEBO
Filing Date: 2025-05-14
Form Type: 20-F
Source: 0001641172-25-010075
Chunk: 44

Company: Fenbo Holdings Ltd
Filing Date: 2025-05-14
Form: 20-F
Item: Item 3
Chunk 44
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 to listed U. S. companies, including
the requirements to have a minimum of three members and to affirmatively determine that all members are “independent,” using
more stringent criteria than those applicable to us as a foreign private issuer.

Further, because we are a foreign
private issuer under the Exchange Act, we are exempt from certain provisions of the securities rules and regulations in the United States
that are applicable to U. S. domestic issuers, including:

  the rules under the Exchange Act requiring the filing of quarterly reports on Form 10-Q or current reports on Form 8-K with the SEC;                                                                  
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  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 share ownership and trading activities and liability for insiders who profit from trades made in a short peri...  
  the selective disclosure rules by issuers of material non-public information under Regulation FD.                                                                                                     

We are required to file this Annual
Report and future annual reports on Form 20-F within four months of the end of each fiscal year. In addition, we intend to publish our
financial results on a semi-annual basis through press releases distributed pursuant to the rules and regulations of the Nasdaq Capital
Market. Press releases relating to financial results and material events will also be furnished to the SEC on Form 6-K. However, the information
we are required to file with or furnish to the SEC will be less extensive and less timely compared to that required to be filed with the
SEC by U. S. domestic issuers. As a result, you may not be afforded the same protections or information that would be made available to
you if you were investing in a U. S. domestic issuer.

  27  

We may lose our foreign private issuer status
in the future, which could result in significant additional costs and expenses to us.

As discussed above, we are a foreign
private issuer and, therefore, we are not required to comply with all of the periodic disclosure and current reporting requirements of
the Exchange Act. The determination of foreign private issuer status is made annually on the last Business Day of an issuer’s most
recently completed second fiscal quarter and, accordingly, the next determination will be made with