Company: EGG
Filing Date: 2025-04-22
Form Type: F-1/A
Source: 0001641172-25-005604
Chunk: 137

Company: ENIGMATIG LTD
Filing Date: 2025-04-22
Form: F-1/A
Chunk 137
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e general meetings of shareholders.                                               |

However, under Cayman Islands law, our directors may only exercise the rights and powers granted to them under our amended and restated Memorandum and Articles of Association for a proper purpose and for what they believe in good faith to be in the best interests of our company.

Exempted Company. We are an exempted company with limited liability under the Companies Act. The Companies Act distinguishes between ordinary resident companies and exempted companies. Any company that is registered in the Cayman Islands but conducts business mainly outside of the Cayman Islands may apply to be registered as an exempted company. The requirements for an exempted company are essentially the same as for an ordinary company except that an exempted company:

| ● | does                                                                                                                               
 not have to file an annual return of its shareholders with the Registrar of Companies of the Cayman Islands;                       |
| ● | is                                                                                                                                 
 not required to open its register of members for inspection;                                                                       |
| ● | does                                                                                                                               
 not have to hold an annual general meeting;                                                                                        |
| ● | may                                                                                                                                
 obtain an undertaking against the imposition of any future taxation (such undertakings are usually given for 20 years in the first 
 instance);                                                                                                                         |
| ● | may                                                                                                                                
 register by way of continuation in another jurisdiction and be deregistered in the Cayman Islands;                                 |
| ● | may                                                                                                                                
 register as a limited duration company; and                                                                                        |
| ● | may                                                                                                                                
 register as a segregated portfolio company.                                                                                        |

“Limited liability” means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which a court may be prepared to pierce or lift the corporate veil).

| 78 |

Ordinary shares

Differences in Corporate Law

We were incorporated under, and are governed by, the laws of the Cayman Islands. The corporate statutes of the State of Delaware and the Cayman Islands are similar, and the flexibility available under Cayman Islands law has enabled us to adopt a memorandum and articles of association that will provide shareholders with rights that do not vary in any material respect from those they would enjoy if we were incorporated under Delaware law. Set forth below is a summary of some of the differences between provisions of the Companies Act applicable to us and the laws applicable to companies incorporated in Delaware and their shareholders.

In addition, we are