Company: FSTWF
Filing Date: 2025-07-08
Form Type: F-1/A
Source: 0001213900-25-061884
Chunk: 129

Company: FST Corp.
Filing Date: 2025-07-08
Form: F-1/A
Chunk 129
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 in the Code of Ethics. 93 DESCRIPTION OF SECURITIES Pursuant to the Amended and Restated Memorandum and Articles of Association, FST is authorized to issue 500,000,000 Ordinary Shares of par value of US$0.0001 each (“Ordinary Shares”). As of the date of this prospectus, there are 44,766,003 Ordinary Shares issued and outstanding. Ordinary Shares As of the date of this prospectus, all of FST’s issued and outstanding shares are fully paid and non -assessable. Its shares are issued in registered form, and are issued when registered in our register of members. Unless the board of directors determine otherwise, each holder of its shares will not receive a certificate in respect of such ordinary shares. Our shareholders who are non -residentsof the Cayman Islands may freely hold and vote their ordinary shares. We may not issue shares to bearer. Subject to the provisions of the Cayman Companies Act and provisions of our Amended and Restated Memorandum and Articles of Assocication regarding redemption and purchase of the shares, the directors have general and unconditional authority to allot (with or without confirming rights of renunciation), grant options over or otherwise deal with any unissued shares to such persons, at such times and on such terms and conditions as they may decide. The directors may deal with unissued shares either at a premium or at par, or with or without preferred, deferred or other special rights or restrictions, whether in regard to dividend, voting, return of capital or otherwise. No share may be issued at a discount except in accordance with the provisions of the Cayman Companies Act. The directors may refuse to accept any application for shares, and may accept any application in whole or in part, for any reason or for no reason. Share Capital Each FST Ordinary Share shall be entitled to one (1) vote on all matters subject to vote at general and special meetings of the Company. Subject to the provisions of the Cayman Companies Act, Articles of Association and the rules of the Stock Exchange, where applicable, any share may be issued (a) with or have attached thereto such rights, or such restrictions, whether with regard to dividend, voting, return of capital, or otherwise, as the directors may determine, and without prejudice to any rights attached to any existing shares, or (b) on terms that, at the option of FST or the holder thereof, it is liable to be redeemed. Dividends Subject to the foregoing, the payment of cash dividends