Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 69

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 3
Chunk 69
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 company, can adopt the new or revised standard at the time private companies adopt the new
or revised standard. This may make comparison of our financial statements with another public company which is neither an emerging growth
company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of
the potential differences in accountant standards used.

As an “emerging
growth company” under applicable law, we will be subject to lessened disclosure requirements. Such reduced disclosure may make our
Class A Ordinary Shares less attractive to investors.

For as long as we remain
an “emerging growth company,” as defined in the JOBS Act, we will elect to 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-Oxley Act,
reduced disclosure obligations regarding executive compensation in our periodic reports and proxy statements, and exemptions from the
requirements of holding a non-binding advisory vote on executive compensation and shareholder approval of any golden parachute payments
not previously approved. Because of these lessened regulatory requirements, our shareholders would be left without information or rights
available to shareholders of more mature companies. If some investors find our Ordinary Shares less attractive as a result, there may
be a less active trading market for our Class A Ordinary Shares and our share price may be more volatile.

We will incur increased
costs as a result of being a public company, particularly after we cease to qualify as an “emerging growth company.”

We will incur significant
legal, accounting and other expenses as a public company that we did not incur as a private company. The Sarbanes-Oxley Act of 2002, as
well as rules subsequently implemented by the SEC, Nasdaq, impose various requirements on the corporate governance practices of public
companies.

Compliance with these
rules and regulations increases our legal and financial compliance costs and makes some corporate activities more time-consuming and costly.
After we are no longer an “emerging growth company,” or until five years following the completion of our initial public offering,
whichever is earlier, we expect to incur significant expenses and devote substantial management effort toward ensuring compliance with
the requirements of Section 404 and the other rules and regulations of the SEC. For example, as a public company, we have been required
to increase the number of independent directors and adopt policies regarding internal controls and