Company: CHOW
Filing Date: 2025-03-19
Form Type: DRS/A
Source: 0001493152-25-010898
Chunk: 154

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-03-19
Form: DRS/A
Chunk 154
---
 which shareholder ownership must be disclosed.

History of Securities Issuances

The following is a summary of our securities issuances in the past three years.

Ordinary Shares

On October 18, 2024, the Company subdivided its authorized share capital to US$50,000 divided into 500,000,000 Ordinary Shares of nominal or par value of US$0.0001 each. On October 24, 2024, pursuant to a restructuring, we allotted and issued an aggregate of 32,499,990 Ordinary Shares to the shareholders of Vigorous Elite Holdings Limited in consideration of all their shares in Vigorous Elite Holdings Limited.

Other than the
aforementioned issuance of securities and the issuance of securities in connection with the reorganization, we have not issued any securities
in the past three years.

| 101 |

<div align='center'>Shares Eligible For Future Sale</div>

Upon completion of this offering, we will have [ ] Ordinary Shares outstanding, assuming the underwriters do not exercise its over-allotment option. All of the Ordinary Shares sold in this offering will be freely transferable by persons other than by our “affiliates” without restriction or further registration under the Securities Act. Sales of substantial amounts of the Ordinary Shares in the public market could adversely affect prevailing market prices of the Ordinary Shares. Prior to this offering, there has been no public market for our Ordinary Shares. We intend to apply to list the Ordinary Shares on NYSE American, but we cannot assure you that a regular trading market will develop in the Ordinary Shares. We do not expect that a trading market will develop for our Ordinary Shares.

Lock-up Agreements

We and each of our directors, executive officers and shareholders of 5% or more of our total outstanding Ordinary Shares as of the effective date of the Registration Statement (and all holders of securities exercisable for or convertible into shares of Ordinary Shares) have agreed, for a period of 6 months after the Offering is completed, not to offer, sell, contract to sell, encumber, pledge, grant any option to purchase, make any short sale, lend or otherwise dispose of, except in this offering, any of our Ordinary Shares or securities that are substantially similar to our Ordinary Shares, including but not limited to any options or warrants to purchase our Ordinary Shares or any securities that are convertible into or exchangeable for, or that represent the right to receive, our Ordinary Shares or any such substantially similar securities (other than pursuant to employee stock option plans existing on,