Company: AOAO
Filing Date: 2025-09-16
Form Type: S-1/A
Source: 0001493152-25-013575
Chunk: 97

Company: Alpha One Inc.
Filing Date: 2025-09-16
Form: S-1/A
Chunk 97
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 which are non-binding and may not be fulfilled, no assurance can be given that the accurate financing amount and date. As a result, there can be no assurance that the Company will receive any financing from related parties, or that any funds, if provided, will be in the amounts of at the times needed to support operations. The director “Shuhua Liu” continued to provide the funding as working capital without binding and written funding commitment; (3) further to make the cost controlling; (4) The Company and legal representative will maintain to obtain the revolving credit lines and loans from the bank. and (5) implement management’s business plan to extend its operations and generate sufficient revenues to meet its obligations. While the Company believes in the viability of its strategy to increase sales volume and in its ability to raise additional funds, there can be neither any assurances to that effect, nor any assurance that the Company will be successful in securing sufficient funds to sustain the operations. In long-term, the continuation of the Company as a going concern is dependent upon (i) further implement management’s business plan to extend its operations and generate sufficient revenues to meet its obligations; (ii) Shorten customer payment terms and extend supplier payment terms; and (iii) maintain to obtain the revolving credit lines and loans with lower interest from the bank. We expect that we will be able to renew our existing bank loans upon maturity based on experience and our good credit history.

Management believes that the actions presently being taken to obtain additional funding and implement its strategic plan provides the opportunity for the Company to continue as a going concern.

Basis of presentation

These consolidated financial statements, accompanying notes, and related disclosures have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). These financial statements have been prepared using the accrual basis of accounting in accordance with the generally accepted accounting principles in the United States (“U.S. GAAP”). The Company’s fiscal year end is March 31. The Company’s financial statements are presented in U.S. dollars.

Basis of consolidation

The consolidated financial statements include the accounts of the Company and its subsidiaries. All intercompany accounts and transactions have been eliminated. The results of subsidiaries acquired during the respective periods are included in the consolidated statements of operations from the effective date of acquisition or up to the effective date of disposal, as appropriate. The portion of the income or loss applicable to noncontrolling interests in subsidiaries is reflected in the consolidated statements of operations.

As of March 31, 2025, details of