Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 117

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 117
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 we will become a public company in the United States subject to the Sarbanes-Oxley Act of 2002. Pursuant to Section 404
of the Sarbanes-Oxley Act, we will be required to file a report by our management on our internal control over financial reporting, including
an attestation report on internal control over financial reporting issued by our independent registered public accounting firm. However,
while we remain an emerging growth company, we will not be required to include an attestation report on internal control over financial
reporting issued by our independent registered public accounting firm. The presence of material weaknesses in internal control over financial
reporting could result in financial statement errors which, in turn, could lead to errors in our financial reports and/or delays in our
financial reporting, which could require us to restate our operating results. We might not identify one or more material weaknesses in
our internal controls in connection with evaluating our compliance with Section 404 of the Sarbanes-Oxley Act. In order to maintain
and improve the effectiveness of our disclosure controls and procedures and internal controls over financial reporting, we will need
to expend significant resources and provide significant management oversight. Implementing any appropriate changes to our internal controls
may require specific compliance training of our directors and employees, entail substantial costs in order to modify our existing accounting
systems, take a significant period of time to complete and divert management’s attention from other business concerns. These changes
may not, however, be effective in maintaining the adequacy of our internal control.

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If we are unable to conclude
that we have effective internal controls over financial reporting, investors may lose confidence in our operating results, the price
of the Ordinary Shares could decline and we may be subject to litigation or regulatory enforcement actions. In addition, if we are unable
to meet the requirements of Section 404 of the Sarbanes-Oxley Act, the Ordinary Shares may not be able to remain listed on the Nasdaq
Capital Market.

Certain data and information in this prospectus were obtained from third-party sources and were not independently verified by us.

We have engaged Qingzhi
International Consulting (Guangdong) Group Co., Ltd. (“Qingzhi”) to prepare a commissioned industry report that analyzes
the decentralized distributed technology industry. The report is entitled “Distributed Technology Industry Analysis Report”
and is dated June 2023 (the “Qingzhi report”). Information and data relating to the decentralized distributed technology
industry included in