Company: GINT
Filing Date: 2025-06-06
Form Type: F-1
Source: 0001213900-25-052213
Chunk: 159

Company: Gifts International Holdings Ltd
Filing Date: 2025-06-06
Form: F-1
Chunk 159
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, or the 2025 Incentive Plan, upon the effectiveness of our registration statement on Form F -1, of which this prospectus is a part, to attract and retain best available personnel, provide additional incentives to employees, directors and consultants, and promote the success of our business. Under the 2025 Incentive Plan, the maximum aggregate number of Class A Ordinary Shares which may be issued pursuant to all awards (including incentive share options) will be [1,732,725] Class A Ordinary Shares (assuming the underwriters do not exercise their over -allotmentoption), representing 15% of the number of fully -dilutedClass A Ordinary Shares outstanding as of the date of our Company’s initial public offering. 112

PRINCIPAL SHAREHOLDERS The following table sets forth information with respect to the beneficial ownership of our Shares as of the date of this prospectus, by: •each person or entity known by us to own beneficially more than 5% of our outstanding Shares; •each of our directors, executive officers, and director nominees; and •all of our executive officers, directors, and director nominees as a group. Beneficial ownership of our Shares is determined in accordance with the SEC rules. Under these rules, a person is deemed to be a beneficial owner of a security if that person has or shares voting power, which includes the power to vote or to direct the voting of the security, or investment power, which includes the power to dispose of or to direct the disposition of the security. The percentage of Shares beneficially owned prior to the offering is based on 10,051,500 Class A Ordinary Shares and 8,248,500 Class B Ordinary Shares outstanding as described in “Corporate History and Structure” section. We do not have any options or warrants that are outstanding. The percentage of Shares beneficially owned after the offering is based on the number of Shares outstanding prior to the offering plus the Class A Ordinary Shares that we are selling in this offering. Except as may otherwise be required by law, each Class B Ordinary Share has twenty votes per share and is convertible into one Class A Ordinary Share, whereas each Class A Ordinary Share, which we are selling in this offering, has one vote per share and is not convertible into Class B Ordinary Shares. The percentages of Shares beneficially owned after the offering assume that the underwriters will not exercise their option to purchase additional Shares in the offering. Except where otherwise indicated, we believe, based on information furnished to us by