Company: CHOW
Filing Date: 2025-02-28
Form Type: DRS/A
Source: 0001493152-25-008591
Chunk: 78

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-02-28
Form: DRS/A
Chunk 78
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 the assumed initial public offering price of US$[ ] per Ordinary Share, which is the mid-point of the estimated initial public offering price range set forth on the cover page of this prospectus, and after deducting underwriting discounts and commissions and estimated offering expenses payable by us.

Without taking into account any other changes in net tangible book value after December 31, 2023, other than to give effect to our sale of the Ordinary Shares offered in this offering at the assumed initial public offering price of US$[ ] per Ordinary Share, the mid-point of the estimated range of the initial public offering price, after deduction of the underwriting discounts and commissions and estimated offering expenses payable by us, our pro forma as adjusted net tangible book value as of December 31, 2023 would have been US$[ ] or US$[ ] per Ordinary Share. This represents an immediate increase in net tangible book value of US$[ ] per Ordinary Share to the existing shareholders and an immediate dilution in net tangible book value of US$[ ] per Ordinary Share to investors purchasing Ordinary Shares in this offering. The following table illustrates such dilution:

| Assumed initial public offering price                                              
 Net tangible book value as of December                                             
 31, 2023                                                                           |     | Per Ordinary Share 
 US$                
 US$                | [    ]     
 [       ]  |
|:-----------------------------------------------------------------------------------|:----|:-------------------|:-----------|
| Pro forma as adjusted net tangible book value after giving effect to this offering |     | US$                | [      ]   |
| Amount of dilution in net tangible book value to new investors in this offering    |     | US$                | [        ] |

Each US$1.00 increase (decrease) in the assumed public offering price of US$[ ] per Ordinary Share would increase (decrease) our pro forma as adjusted net tangible book value after giving effect to this offering by US$[ ] million, the pro forma as adjusted net tangible book value per Ordinary Share after giving effect to this offering by US$[ ] per Ordinary Share and the dilution in pro forma as adjusted net tangible book value per Ordinary Share to new investors in this offering by US$[ ] per Ordinary Share, assuming no change to the number of Ordinary Shares offered by us as set forth on the cover page of this prospectus, and after deducting underwriting discounts and commissions and other offering expenses.

The following table summarizes, on a pro forma as adjusted basis as of December