Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 32

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 3
Chunk 32
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suffer. Debt financing increases expenses which may contain covenants that restrict the operation of our business, and must be repaid
regardless of operating results. Equity financing, or debt financing that is convertible into equity, could result in additional dilution
to our existing shareholders.

Our inability to obtain adequate capital resources,
whether in the form of equity or debt, to fund our business and growth strategies may require us to delay, scale back or eliminate some
or all of our operations or the expansion of our business, which may have a material adverse effect on our business, operating results,
financial condition or prospects.

We may issue additional equity or debt securities,
which are senior to our ordinary shares as to distributions and in liquidation, which could materially adversely affect the market price
of our ordinary shares.

In the future, we may attempt to increase our
capital resources by entering into additional debt or debt-like financing that is secured by all or up to all of our assets, or issuing
debt or equity securities, which could include issuances of commercial paper, medium-term notes, senior notes, subordinated notes or shares.
In the event of our liquidation, our lenders and holders of our debt securities would receive a distribution of our available assets before
distributions to our shareholders. In addition, any additional preferred stock, if issued by our Company, may have a preference with respect
to distributions and upon liquidation, which could further limit our ability to make distributions to our shareholders. Because our decision
to incur debt and issue securities in our future offerings will depend on market conditions and other factors beyond our control, we cannot
predict or estimate the amount, timing or nature of our future offerings and debt financing.

Further, market conditions could require us to
accept less favorable terms for the issuance of our securities in the future. Thus, you will bear the risk of our future offerings reducing
the value of your ordinary shares and diluting your interest in our Company.

We are subject to ongoing public reporting
requirements that are less rigorous than Exchange Act rules for companies that are not emerging growth companies, and our shareholders
could receive less information than they might expect to receive from more mature public companies.

We qualify as an “emerging growth company”
under the JOBS Act. For so long as we remain an emerging growth company, we may take advantage of certain exemptions from various reporting
requirements that are applicable to other Exchange Act reporting companies that are not emerging growth companies, including but not limited
to:

  not being required to