Company: GINT
Filing Date: 2025-05-16
Form Type: DRS/A
Source: 0001213900-25-044839
Chunk: 100

Company: Gifts International Holdings Ltd
Filing Date: 2025-05-16
Form: DRS/A
Chunk 100
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 the amount of approximately $[1.8] million, our as adjusted net tangible book value would be approximately $[3.3] million or $[0.17] per share. This represents an immediate increase in net tangible book value of $[0.18] per share to existing shareholders and an immediate decrease in net tangible book value of $[3.83] per share to new investors purchasing the shares in this offering. The following table illustrates this per share dilution:

|                                                                        |     | As of         
 September 30, 
 2024          |          |
|:-----------------------------------------------------------------------|:----|:--------------|:---------|
| Public offering price per share                                        |     | $             | [4.00]   |
| Net tangible book value per share as of September 30, 2024             |     | $             | [(0.01)] |
| Increase in net tangible book value per share to existing shareholders |     | $             | [0.18]   |
| As adjusted net tangible book value per share after this offering      |     | $             | [0.17]   |
| Dilution per share to new investors                                    |     | $             | [3.83]   |

If the underwriters’ over -allotmentoption is exercised in full, our adjusted net tangible book value after the offering would be approximately $[4.2] million, or $[0.21] per share, and the dilution to new investors in the offering would be $[3.79] per share. A $1.00 increase or decrease in the assumed public offering price of $4.00 per Class A Ordinary Share, would increase or decrease our as adjusted net tangible book value per share after this offering by $[0.07] and increase or decrease dilution per share to new investors purchasing Class A Ordinary Shares in this offering by $[0.93], assuming that the number of shares offered by us, as set forth on the cover page of this prospectus, remains the same and after deducting the estimated underwriting discounts and commissions, dividend declared and paid on October23, 2024 and estimated offering expenses payable by us. The following table sets forth, on an as adjusted basis as of September30, 2024, the difference between the number of ordinary shares purchased from us, the total consideration paid, and the average price per share paid by our existing shareholders and by new public investors before deducting estimated underwriters’