Company: LDDD
Filing Date: 2025-09-26
Form Type: 10-K
Source: 0001213900-25-091988
Chunk: 124

Company: Longduoduo Co Ltd
Filing Date: 2025-09-26
Form: 10-K
Item: Item 1A
Chunk 124
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 or voluntary or forced
delisting of the issuer; and (6) the CSRC’s authority to fine both issuers and their relevant shareholders for failure to comply
with the Trial Administrative Measures, including failure to comply with filing obligations or committing fraud and misrepresentation.
Fines of up to 10 million RMB (approximately US$1.4 million) for non-compliance are authorized.

Longduoduo
plans to apply for listing on the OTCQB or Nasdaq as soon as we are eligible; if accepted, we would then be subject to the requirements
of the Trial Administrative Measures with respect to any future securities offerings made outside of China. As the Trial Administrative
Measures are newly issued, there remain uncertainties regarding its interpretation and implementation. Therefore, we cannot assure you
that we will be able to complete the filings for our future offerings and fully comply with the relevant new rules on a timely basis,
if at all. In addition, we face uncertainty regarding the criteria that CSRS will apply when reviewing filings for approval, and cannot
assure that the process will not cause a substantial reduction in our ability to raise capital in the U.S.

26

Risks
Relating to Our Common Stock

We
are an emerging growth company and, as a result of the reduced disclosure and governance requirements applicable to emerging growth companies,
our common stock may be less attractive to investors.

We
are an emerging growth company, as defined in the JOBS Act, and we are eligible to take advantage of certain exemptions from various
reporting requirements applicable to other public companies. We will remain an emerging growth company until the earliest to occur of:
(i) the last day of the fiscal year in which we have at least $1.07 billion in annual revenue; (ii) the last day of the fiscal year in
which we are deemed to be a “large accelerated filer,” as defined in Rule 12b-2 under the Exchange Act, which would occur
if the market value of our Common Stock held by non-affiliates exceeded $700 million as of the last business day of the second fiscal
quarter of such year; (iii) the date on which we have issued more than $1.0 billion in nonconvertible debt securities during the prior
three-year period; and (iv) the last day of the fiscal year ending after the fifth anniversary of our initial public offering. The exemptions
available to emerging growth companies include the right to present only two years of audited financial statements in our