Company: CHOW
Filing Date: 2025-08-22
Form Type: F-1/A
Source: 0001641172-25-025146
Chunk: 40

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-08-22
Form: F-1/A
Chunk 40
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 not justify the costs of pursuing a legal remedy. Therefore, there may be times we may decide not to pursue legal action, even if it is available to us.

Risks Related to Acquisitions

We may consider future strategic or opportunistic acquisitions. In those cases, some or all of the following risks could be applicable.

We may have difficulty integrating acquisitions or convincing clients to allow assignment of their engagements to us, which can reduce the benefits we receive from acquisitions.

The process of managing and integrating acquisitions into our existing operations may result in unforeseen operating difficulties and may require significant financial, operational and managerial resources that would otherwise be available for the operation, development and organic expansion of our existing operations. To the extent that we misjudge our ability to properly manage and integrate acquisitions, we may have difficulty achieving our operating, strategic and financial objectives.

Acquisitions also may involve a number of special financial, business and operational risks, such as:

| ● | difficulties                                                     
 in integrating diverse corporate cultures and management styles; |

| ● | disparate               
 policies and practices; |

| ● | client               
 relationship issues; |

| ● | decreased                                   
 utilization during the integration process; |

| 22 |

| ● | loss                                   
 of key existing or acquired personnel; |

| ● | increased                                                                                     
 costs to improve or coordinate managerial, operational, financial and administrative systems; |

| ● | dilutive                                                                                        
 issuances of equity securities, including convertible debt securities, to finance acquisitions; |

| ● | the                              
 assumption of legal liabilities; |

| ● | future                                        
 earn-out payments or other price adjustments; |

| ● | potential                                                                                    
 future write-offs relating to the impairment of goodwill or other acquired intangible assets 
 or the revaluation of assets;                                                                |

| ● | difficulty                               
 or inability to collect receivables; and |

| ● | undisclosed  
 liabilities. |

In addition to the integration challenges mentioned above, our acquisitions of non-U.S. companies offer distinct integration challenges relating to foreign laws and governmental regulations, including tax and employee benefit laws, and other factors relating to operating in countries other than the U.S..

Asset transactions may require us to seek client consents to the assignment of their engagements to us or a subsidiary. All clients may not consent to assignments. In certain cases, such as government contracts and bankruptcy engagements, the consent of clients cannot be solicited until after the acquisition has closed. Further, such engagements may be subject to security clearance requirements or bidding provisions with which we might