Company: FSTWF
Filing Date: 2025-07-25
Form Type: 424B3
Source: 0001213900-25-067790
Chunk: 11

Company: FST Corp.
Filing Date: 2025-07-25
Form: 424B3
Chunk 11
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.S. domestic public company”and “Risk Factors — The Company may lose its foreign private issuer status in the future, which could result in significant additional costs and expenses”. Emerging Growth Company We are an “emerging growth company,” as defined in Section 2(a) of the Securities Act of 1933, as amended, (the “ Securities Act”), as modified by the JOBS Act, and we may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes -OxleyAct, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. 3 Holding Company Structure We are a holding company incorporated in the Cayman Islands. We conduct our operations through TCO. Investments in our securities are not purchases of equity securities of these operating subsidiaries but instead are purchases of equity securities of a Cayman Islands holding company with no material operations of its own. As a holding company, we are subject to various restrictions on intercompany fund transfers and foreign exchange controls under current laws and regulations, and we may be subject to additional restrictions under new laws and regulations that could take effect in the future. Since the incorporation of FST, no cash has been transferred from any of our subsidiaries to FST except pursuant to the implementation of transactions required by the Business Combination. There has also been no cash transferred among our subsidiaries. See FST’s audited historical consolidated financial statements included elsewhere in this prospectus. Under Cayman Islands law, we may only pay dividends out of profits or our share premium account, provided that we are able to pay our debts as they fall due in the ordinary course of business following any such dividend payment. Any determination to pay dividends will be at the discretion of our board of directors. Currently, we do not anticipate distributing earnings, even after we become profitable and generate cash flows from operations. We do not currently have any formal cash management policy governing how funds are transferred between us and our subsidiaries or among our subsidiaries. 4

THE OFFERING The summary below describes the principal terms of the offering. The “Description of Securities” section of this prospectus contains a more detailed description of our Ordinary Shares and Warrants.

| Issuer                                                                                        |     | FST Corp.