Company: OCG
Filing Date: 2025-12-11
Form Type: 424B5
Source: 0001213900-25-120719
Chunk: 85

Company: Oriental Culture Holding LTD
Filing Date: 2025-12-11
Form: 424B5
Chunk 85
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 on the judgment of our management
regarding the application of these proceeds. Except as described in any prospectus supplement or in any related free writing prospectus
that we may authorize to be provided to you, the net proceeds received by us from our sale of the securities described in this prospectus
will be added to our general funds and will be used for general corporate purposes. Our management might not apply the net proceeds from
offerings of our securities in ways that increase the value of your investment and might not be able to yield a significant return, if
any, on any investment of such net proceeds. You may not have the opportunity to influence our decisions on how to use such proceeds.

Nan County Public Safety Bureau has frozen certain bank accounts of the subsidiaries of Jiangsu Yanggu due to the investigation of major shareholders of the Company and its related party Nanjing Jinwang which has and could continue to materially and negatively impact the business operations and financial results of the Company.

On July 1, 2022, Mr. Huajun
Gao and Mr. Aiming Kong, each an 11.5% shareholder of the Company, were detained by Nan County Public Safety Bureau of Yiyang City, Hunan
Province, China. On July 26, 2022, Nan County People’s Procuratorate approved the arrest of Mr. Gao and Mr. Kong with charge of
illegal business operation of Nanjing Jinwang Art Purchase E-commerce Co., Ltd., a company controlled by Mr. Gao and Mr. Kong (“Nanjing
Jinwang”). On July 1, 2022, the bank accounts of Nanjing Jinwang were frozen by Nan County Public Safety Bureau, including a trust
account into which the customers of the Company deposit their security deposits in order to trade on the Company’s two online trading
platforms which the Company has entrusted Nanjing Jinwang for escrow.

Also, on July 1, 2022, Nan
County Public Safety Bureau froze certain bank accounts of Kashi Longrui Business Management Services Co., Ltd. (“Kashi Longrui”),
Kashi Dongfang Cangpin Culture Development Co., Ltd. (“Kashi Dongfang”) and Nanjing Yanyu Information Technology Co., Ltd.
(“Nanjing Yanyu”), all subsidiaries of Jiangsu Yanggu Culture Development Co., Ltd., the variable interest entity of the Company
in China (the “VIE”) because they, each had business relationship with