Company: DTCK
Filing Date: 2025-03-24
Form Type: F-3
Source: 0001683168-25-001820
Chunk: 11

Company: DAVIS COMMODITIES Ltd
Filing Date: 2025-03-24
Form: F-3
Chunk 11
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 broad discretion in the allocation of the net
proceeds and investors will be relying on the judgment of our management regarding the application of the proceeds of any sale of the
securities. If a material part of the net proceeds is to be used to repay indebtedness, we will set forth the interest rate and maturity
of such indebtedness in a prospectus supplement. Pending use of the net proceeds will be deposited in interest bearing bank accounts.

<div align='center'>DILUTION</div>

If required, we will set forth in a prospectus supplement the following
information regarding any material dilution of the equity interests of investors purchasing securities in an offering under this prospectus:

| · | the net tangible book value per share of our equity securities before and after the offering;                  |
| · | the amount of the increase in such net tangible book value per share attributable to the cash payments         
 made by purchasers in the offering; and                                                                        |
| · | the amount of the immediate dilution from the public offering price which will be absorbed by such purchasers. |

| 7 |

<div align='center'>DESCRIPTION OF ORDINARY SHARES</div>

The following description of our share capital
and provisions of our memorandum and articles of association, as amended from time to time, are summaries and do not purport to be complete.
Reference is made to our memorandum and articles of association, copies of which are filed as an exhibit to the registration statement
of which this prospectus is a part (and which is referred to in this section as, respectively, the “memorandum” and the “articles
of association”).

We are a Cayman Islands exempted company and our
affairs are governed by our memorandum and articles of association, as amended from time to time, and the Companies Act (As Revised) of
the Cayman Islands, which we refer to as the Companies Act below, and the common law of the Cayman Islands.

As of the date of this prospectus, our authorized
share capital is US$100,000.11 divided into 232,500,000,000 shares, par value of US$0.000000430108 each. As of the date of this prospectus,
24,500,625 Ordinary Shares are issued and outstanding. All of our Ordinary Shares issued are fully paid.

Listing

Our Ordinary Shares are listed on the Nasdaq Capital Market under the
symbol “DTCK.”

Transfer Agent and Registrar

The transfer agent and registrar for the Ordinary Shares is VStock