Company: ILAG
Filing Date: 2025-02-25
Form Type: 424B5
Source: 0001493152-25-008217
Chunk: 55

Company: Intelligent Living Application Group Inc.
Filing Date: 2025-02-25
Form: 424B5
Chunk 55
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 come due in the ordinary course of business.

No Preemptive Rights.Holders of ordinary shares will have no pre-emptive or preferential right to purchase any securities of our company.

Variation of Rights Attaching to Shares.If at any time the share capital is divided into different classes of shares, the rights attaching to any class (unless otherwise provided by the terms of issue of the shares of that class) may, subject to the memorandum and articles, be modified or abrogated with the sanction of a special resolution passed at a general meeting of the holders of the shares of that class.

Anti-Takeover Provisions.Some provisions of our current memorandum and articles of association may discourage, delay or prevent a change of control of our company or management that shareholders may consider favorable, including provisions that authorize our board of directors to issue preferred shares in one or more series and to designate the price, rights, preferences, privileges and restrictions of such preferred shares without any further vote or action by our shareholders.

Transfer of Ordinary Shares.Subject to the restrictions contained in our current articles of association, any of our shareholders may transfer all or any of his or her ordinary shares by an instrument of transfer in the usual or common form or in a form prescribed by the Designated Stock Exchange (as defined in the Current M&A) or any other form approved by our board of directors.

Our board of directors may, in its absolute discretion, decline to register any transfer of any ordinary share which is not fully paid up or on which we have a lien. Our board of directors may also decline to register any transfer of any ordinary share unless:

| ● | the                                                                                         
 instrument of transfer is lodged with us, accompanied by the certificate for the ordinary   
 shares to which it relates and such other evidence as our board of directors may reasonably 
 require to show the right of the transferor to make the transfer;                           |

| ● | the                                                               
 instrument of transfer is in respect of only one class of shares; |

| ● | the                                                      
 instrument of transfer is properly stamped, if required; |

| ● | in                                                                                        
 the case of a transfer to joint holders, the number of joint holders to whom the share is 
 to be transferred does not exceed four; and                                               |

| ● | a                                                                                           
 fee of such maximum sum as the Nasdaq Capital Market may determine to be payable or such    
 lesser sum as our directors may from time to time require is paid to us in respect thereof. |

If our directors refuse to register a transfer, they shall, within