Company: GINT
Filing Date: 2025-06-27
Form Type: F-1/A
Source: 0001213900-25-058872
Chunk: 99

Company: Gifts International Holdings Ltd
Filing Date: 2025-06-27
Form: F-1/A
Chunk 99
---
 net tangible book value per share immediately after completion of this offering. After giving effect to the sale of the [1,500,000] Class A Ordinary Shares being sold pursuant to the offering price of $[4.00] per share, and after deducting underwriters’ discount and commission payable by us in the amount of $[450,000], dividend declared and paid on October23, 2024 of HK$1,500,000 (US$193,068) and estimated offering expenses in the amount of approximately $1.8million, our as adjusted net tangible book value would be approximately $[3.3] million or $[0.17] per share. This represents an immediate increase in net tangible book value of $[0.18] per share to existing shareholders and an immediate decrease in net tangible book value of $[3.83] per share to new investors purchasing the shares in this offering. The following table illustrates this per share dilution:

|                                                                        |     | As of         
 September 30, 
 2024          |          |
|:-----------------------------------------------------------------------|:----|:--------------|:---------|
| Public offering price per share                                        |     | $             | [4.00]   |
| Net tangible book value per share as of September 30, 2024             |     | $             | [(0.01)] |
| Increase in net tangible book value per share to existing shareholders |     | $             | [0.18]   |
| As adjusted net tangible book value per share after this offering      |     | $             | [0.17]   |
| Dilution per share to new investors                                    |     | $             | [3.83]   |

If the underwriters’ over -allotmentoption is exercised in full, our adjusted net tangible book value after the offering would be approximately $[4.2] million, or $[0.21] per share, and the dilution to new investors in the offering would be $[3.79] per share. A $1.00 increase or decrease in the assumed public offering price of $4.00 per Class A Ordinary Share, would increase or decrease our as adjusted net tangible book value per share after this offering by $[0.07] and increase or decrease dilution per share to new investors purchasing Class A Ordinary Shares in this offering by $[0.93], assuming that the number of shares offered by us, as set forth on the