Company: BGHL
Filing Date: 2025-07-07
Form Type: DRS/A
Source: 0001213900-25-061617
Chunk: 158

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-07-07
Form: DRS/A
Chunk 158
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 the Underwriting Agreement, arising during the 12 -monthperiod following the closing of the offering. The escrow

105 account will be interest bearing, and we will be free to invest the assets in low -riskinvestments (e.g., bonds, mutual funds, money market funds, etc.). All funds that are not subject to an indemnification claim will be returned to us after the applicable period expires. The Company will pay the reasonable fees and expenses of the escrow agent. Tail Financing If within 6months from the effective date of termination or expiration of the engagement letter with the Representative, the Company’s securities are sold by the Company or any of its affiliates in a transaction or series of transactions with any person to whom the underwriters introduced the Company in which the Representative did not act as at least exclusive non -U.S. joint managing underwriter or lead non -U.S. placement agent to the Company or its affiliate, as applicable, then the Company shall pay the Representative, at the time of each such sale, a cash fee in the amount that would otherwise have been payable as described above with respect to the gross proceeds to the Company from each such sale. Lock-Up Agreements We and our directors, officers and affiliates will enter into customary “lock -up” agreements in favor of the Representative pursuant to which we, and any of our successors, our directors, officers and affiliates will agree, for a period of 12 months from the closing of the offering, not to (a) offer, sell or otherwise transfer or dispose of, directly or indirectly, any shares of capital stock of the Company or any securities convertible into or exercisable or exchangeable for shares of capital stock of the Company; or (b) file or caused to be filed any registration statement with the SEC relating to the offering of any shares of capital stock of the Company or any securities convertible into or exercisable or exchangeable for shares of capital stock of the Company, other than post -effectiveamendments to the Registration Statement of which this prospectus and the Resale Prospectus are parts. Holders of more than 5.0% of our outstanding Ordinary Shares as of the effective date of the registration statement, other than the Selling Shareholders, will enter into similar lock -upagreements for a period of 12 months from the closing of the offering. In addition, all holders of Preferred Shares have agreed to similar six -monthlock -uparrangements in respect of their Preferred Shares. Nasdaq Capital Market Listing We intend to apply