Company: OCG
Filing Date: 2025-12-11
Form Type: 424B5
Source: 0001213900-25-120719
Chunk: 82

Company: Oriental Culture Holding LTD
Filing Date: 2025-12-11
Form: 424B5
Chunk 82
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 on us because of our operations in Hong Kong and mainland China. A potential consequence is that our ordinary shares may be delisted by the exchange. The delisting of our ordinary shares, or the threat of our ordinary shares being delisted, may materially and adversely affect the value of your investment. Additionally, the inability of the PCAOB to conduct full inspections of our auditor deprives our investors of the benefits of such inspections.

The Holding Foreign Companies
Accountable Act, or the HFCA Act, was enacted on December 18, 2020. In accordance with the HFCA Act, trading in securities of any
registrant on a national securities exchange or in the over-the-counter trading market in the United States may be prohibited if
the PCAOB determines that it cannot inspect or fully investigate the registrant’s auditor for three consecutive years beginning
in 2021, and, as a result, an exchange may determine to delist the securities of such registrant. On December 29, 2022, a legislation
entitled “Consolidated Appropriations Act, 2023” (the “Consolidated Appropriations Act”) was signed into law by
President Biden, which has shortened the HFCA Act timeline for a potential trading prohibition from three years to two years, thus reducing
the time period before our securities may be prohibited from trading or delisted if our auditor is unable to meet the PCAOB inspection
requirement.

On November 5, 2021, the SEC adopted
the PCAOB rule to implement HFCA Act, which provides a framework for the PCAOB to determine whether it is unable to inspect or investigate
completely registered public accounting firms located in a foreign jurisdiction because of a position taken by one or more authorities
in that jurisdiction.

On December 2, 2021, SEC adopted amendments
to finalize rules implementing the submission and disclosure requirements in the HFCA Act. The rules apply to registrants the SEC identifies
as having filed an annual report with an audit report issued by a registered public accounting firm that is located in a foreign jurisdiction
and that the PCAOB is unable to inspect or investigate (the “Commission-Identified Issuers”). A Commission-Identified Issuer
will be required to comply with the submission and disclosure requirements in the annual report for each year in which it was identified.
If a registrant is identified as a Commission-Identified Issuer based on its annual report for the fiscal year ended December 31, 2021,
the registrant