Company: GINT
Filing Date: 2025-07-18
Form Type: F-1/A
Source: 0001213900-25-065552
Chunk: 86

Company: Gifts International Holdings Ltd
Filing Date: 2025-07-18
Form: F-1/A
Chunk 86
---
PO shareholders will be able to sell their shares after completion of this offering subject to restrictions under Rule 144. Our pre -IPOshareholders, may be able to sell their Ordinary Shares under Rule 144 after completion of this offering. Because these shareholders have paid a lower price per Ordinary Share than participants in this offering, when they are able to sell their pre -IPOshares under Rule 144, they may be more willing to accept a lower sales price than the IPO price. This fact could impact the trading price of the stock following completion of the offering, to the detriment of participants in this offering. If you purchase our Class A Ordinary Shares in this offering, you will incur immediate and substantial dilution in the book value of your Shares. Investors purchasing our Class A Ordinary Shares in this offering will pay a price per Class A Ordinary Share that substantially exceeds the pro forma as adjusted net tangible book value per Share. As a result, investors purchasing Class A Ordinary Shares in this offering will incur immediate dilution. For more information on the dilution you may experience as a result of investing in this offering, see “Dilution”. Our Controlling Shareholder has significant voting power and may take actions that may not be in the best interests of our other shareholders. As of the date of this prospectus, Mr.Wong, our Controlling Shareholder, owns 8,248,500 Class B Ordinary Shares, representing 94.26% of the total voting power of the Company. After completion of this offering, giving effect to the sale of the Class A Ordinary Shares being offered hereby, Mr.Wong will hold [8,248,500] Class B Ordinary Shares, representing [93.46]% of the total voting power of the Company assuming that the underwriters do not exercise their over -allotmentoption. As a result, Mr.Wong will be able to control the management and affairs of our Company and most matters requiring shareholder approval, including the election of directors and approval of significant corporate transactions. The interests of Mr.Wong may not be the same as or may even conflict with your interests. For example, Mr.Wong could attempt to delay or prevent a change in control of us, even if such change in control would benefit our other shareholders, which could deprive our shareholders of an opportunity to receive a premium for their Class A Ordinary Shares as part of a sale of us or our assets, and might affect the prevailing market price of our Class A Ordinary Shares due to investors’ perceptions that conflicts of interest may exist