Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 37

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 37
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 will not be required to conduct an evaluation of our internal control                                                               
 over financial reporting until our second annual report on Form 20-F following the effectiveness of our initial public offering.    |

| 19 |

We intend to take advantage
of all of these reduced reporting requirements and exemptions, including the longer phase-in periods for the adoption of new or revised
financial accounting standards under §107 of the JOBS Act. Our election to use the phase-in periods may make it difficult to compare
our financial statements to those of non-emerging growth companies and other emerging growth companies that have opted out of the phase-in
periods under §107 of the JOBS Act.

We will remain an
emerging growth company until the earliest of (a) the last day of the fiscal year during which we have total annual gross
revenues of at least US$1.235 billion; (b) the last day of our fiscal year following the fifth anniversary of the completion of this
offering; (c) the date on which we have, during the preceding three-year period, issued more than US$1.0 billion in
non-convertible debt; or (d) the date on which we are deemed to be a “large accelerated filer” under the Securities
Exchange Act of 1934, as amended, or the Exchange Act, which would occur if the market value of our Ordinary Shares that are held by
non-affiliates exceeds US$700 million as of the last business day of our most recently completed second fiscal quarter.
Once we cease to be an emerging growth company, we will not be entitled to the exemptions provided in the JOBS Act discussed
above.

We are also considered a
“foreign private issuer.” Even after we no longer qualify as an emerging growth company, as long as we qualify as a foreign
private issuer under the Exchange Act, we will be exempt from certain provisions of the Exchange Act that are applicable to U.S. domestic
public companies, including:

| · | the sections of the Exchange Act regulating the solicitation of proxies,                                                         
 consents or authorizations with respect to a security registered under the Exchange Act;                                         |
| · | the requirement to comply with Regulation FD, which restricts selective                                                          
 disclosure of material information;                                                                                              |
| · | the sections of the Exchange Act requiring insiders to file public                                                               
 reports of their share ownership and trading activities and liability for insiders who profit from trades made in a short period 
 of time; and                                                                                                                     |