Company: RMSGW
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001641172-25-021609
Chunk: 128

Company: Real Messenger Corp
Filing Date: 2025-07-31
Form: 20-F
Item: Item 19
Chunk 128
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 located in Hong Kong.

6. PREPAID EXPENSES AND OTHER CURRENT ASSETS

As
of March 31, 2025 and 2024, prepaid expenses and other current assets were comprised of the following:

SCHEDULE
OF PREPAID EXPENSES AND OTHER CURRENT ASSETS

                                                                  As of March 31,                                      
                                                                  2025                              2024               
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Prepaid insurance expenses (i)                                  $                    376,678      $         -        
  Deposit                                                                              73,350                 -        
  Other prepayments                                                                    52,500                 -        
  Amount due from Sponsor, Nova Pulsar Holdings Limited (ii)                           -                      644,763  
  Others                                                                               -                      4,317    
  Total                                                           $                    502,528      $         649,080  

  (i)      The                                                                                

  (ii)      In                                                                                                                                            
            July 2022, Real Messenger made a loan of $ 575,000 to the sponsor of Nova Vision, so as the sponsor deposited such amount into Nova Vision’s  
            trust account in order to extend the time to complete a business combination for a period of three months. The loan was non-interest          
            bearing and was repayable upon the closing of a business combination.                                                                         
                                                                                                                                                          
                                                                                                                                                          
                                                                                                                                                          
            In                                                                                                                                            
            March 2024, the sponsor of Nova Vision issued a promissory note of $ 69,763 to Real Messenger,                                                
            which would be payable promptly after the date on which Nova Vision consummates an initial                                                    
            business combination with the Company. In the event that a business combination does not                                                      
            close on or prior to April 10, 2024, as such deadline was further extended, the promissory                                                    
            note shall be deemed to be terminated and only half of the principal balance of the promissory                                                
            note will thereafter be due from the sponsor of Nova Vision to the Company. The convertible                                                   
            promissory note was non-interest bearing and Real Messenger have the right to convert into                                                    
            ordinary shares of the Company, in whole or in part.                                                                                          
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

7. DUE FROM A RELATED PARTY

Immediately after giving effect to the
Business Combination, Nova Pulsar Holdings Limited