Company: GINT
Filing Date: 2025-01-28
Form Type: DRS/A
Source: 0001213900-25-007208
Chunk: 101

Company: Gifts International Holdings Ltd
Filing Date: 2025-01-28
Form: DRS/A
Chunk 101
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 Shares being offered by the Selling Shareholder.

52

DILUTION If you invest in our Class A Ordinary Shares, you will incur immediate dilution since the public offering price per share you will pay in this offering is more than the net tangible book value per ordinary share immediately after this offering. The net tangible book value of our ordinary shares as of September30, 2024 was $[ ], or $[ ] per share based upon [ ] Class A Ordinary Shares and [ ] Class B Ordinary Shares outstanding. Net tangible book value per share represents the amount of our total tangible assets reduced by the amount of our total liabilities, divided by the total number of ordinary shares outstanding. Tangible assets equal our total assets less intangible assets, deferred tax assets and deferred offering cost. The dilution in net tangible book value per share to new investors, represents the difference between the amount per share paid by purchasers of shares in this offering and the pro forma net tangible book value per share immediately after completion of this offering. After giving effect to the sale of the [ ] Class A Ordinary Shares being sold pursuant to the offering price of $[ ] per share, which is the midpoint of the estimated initial public offering price range set forth on the cover page of this prospectus, and after deducting underwriters’ discount and commission payable by us in the amount of $[ ] and estimated offering expenses in the amount of $[ ], our pro forma net tangible book value would be approximately $[ ] or $[ ] per share of ordinary shares. This represents an immediate increase in net tangible book value of $[] per share to existing shareholders and an immediate decrease in net tangible book value of $[] 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 ordinary share                                            |     | $             |
| Net tangible book value per share as of September 30, 2024                          |     | $             |
| Increase in net tangible book value per share attributable to existing shareholders |     | $             |
| Pro forma net tangible book value per share after this offering                     |     | $             |
| Dilution per share to new investors                                                 |     | $             |

If the underwriters’ over -allotmentoption is exercised in full, our adjusted pro forma net tangible book value after the offering would be $___,