Company: BGHL
Filing Date: 2025-09-22
Form Type: F-1/A
Source: 0001213900-25-089787
Chunk: 150

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-09-22
Form: F-1/A
Chunk 150
---
’ Ombudsman. The Ombudsman can be contacted by calling +1 (345) 946 -6283or by email at info@ombudsman.ky. Legislation of the Cayman Islands The Cayman Islands, together with several other non -EuropeanUnion jurisdictions, have recently introduced legislation aimed at addressing concerns raised by the Council of the European Union as to offshore structures engaged in certain activities which attract profits without real economic activity. With effect from January 1, 2019, the International Tax Co -operation(Economic Substance) Act (Revised) (the “Substance Act”) came into force in the Cayman Islands introducing certain economic substance requirements for in -scopeCayman Islands entities which are engaged in certain “relevant activities,” which in the case of exempted companies incorporated before January 1, 2019, applies in respect of financial years commencing July 1, 2019, onwards. However, it is anticipated that our Company may remain out of scope of the legislation or else be subject to more limited substance requirements. Listing We plan to list the Ordinary Shares on the Nasdaq Capital Market under the symbol “BGHL”. Transfer Agent and Registrar The transfer agent and registrar for the Ordinary Shares is V Stock Transfer, LLC. 96 SHARES ELIGIBLE FOR FUTURE SALE Upon the completion of this Offering, we will have 1,600,000 Ordinary Shares sold in this Offering will be freely transferable by persons other than our “affiliates” without restriction or further registration under the Securities Act. Prior to this Offering, there has been no public market for our Ordinary Shares, and while we plan to apply to list our Ordinary Shares on Nasdaq, we cannot assure you that a regular trading market for our Ordinary Shares will develop or be sustained after this Offering. Future sales of substantial amounts of Ordinary Shares in the public market, or the perception that such sales may occur, could adversely affect the market price of our Ordinary Shares. Further, since a large number of our Ordinary Shares will not be available for sale shortly after this Offering because of the contractual and legal restrictions on resale described below, sales of substantial amounts of our Ordinary Shares in the public market after these restrictions lapse, or the perception that such sales may occur, could adversely affect the prevailing market price and our ability to raise equity capital in the future. Lock-Up Agreements Our directors, executive officers and affiliates have agreed with the Representative, for a period of 6 months after the closing of this offering, subject to certain exceptions