Company: YIBO
Filing Date: 2025-06-03
Form Type: F-3
Source: 0001213900-25-050771
Chunk: 3

Company: Planet Image International Ltd
Filing Date: 2025-06-03
Form: F-3
Chunk 3
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iliates,
or public float, as of June 3, 2025, was approximately $42.82 million, which was calculated based on 18,618,500 Class A Ordinary Shares
held by non-affiliates and the price of $2.30 per share, which was the closing price of our Class A Ordinary Shares on the Nasdaq Capital
Market on May 14, 2025. Pursuant to General Instruction I.B.5 of Form F-3, in no event will we sell our securities in a public primary
offering with a value exceeding more than one-third of our public float in any 12-month period so long as our public float remains below
$75 million. During the 12 calendar months prior to and including the date of this prospectus, we have not offered or sold any securities
pursuant to General Instruction I.B.5 of Form F-3.

Investing in our securities involves a high degree of risk. Before making an investment decision, please read the information under the heading “ Risk Factors” beginning on page 11 of this prospectus and risk factors set forth in our most recent annual report on Form 20-F (the “2024 Annual Report”) incorporated herein by reference, in other periodic reports incorporated herein by reference, and in any applicable prospectus supplements.

We may offer and sell securities from time to
time at fixed prices, at market prices, or at negotiated prices, to or through underwriters, to other purchasers, through agents, or through
a combination of these methods. If any underwriters are involved in the sale of any securities with respect to which this prospectus is
being delivered, the names of such underwriters and any applicable commissions or discounts will be set forth in a prospectus supplement.
The offering price of such securities and the net proceeds we expect to receive from such sale will also be set forth in a prospectus
supplement. See “Plan of Distribution” elsewhere in this prospectus for a more complete description of the ways in
which the securities may be sold.

Our issued and outstanding share capital consists
of Class A Ordinary Shares and Class B ordinary shares, par value HK$0.0001 per share (“Class B Ordinary Shares”). Holders
of Class A Ordinary Shares and Class B Ordinary Shares have the same rights except for voting, transfer, and conversion rights. Each Class
A Ordinary Share is entitled to one vote, and each Class B Ordinary Share is entitled to 10 votes and is convertible into