Company: SPPL
Filing Date: 2025-04-08
Form Type: 20-F
Source: 0001641172-25-003217
Chunk: 31

Company: SIMPPLE LTD.
Filing Date: 2025-04-08
Form: 20-F
Item: Item 3
Chunk 31
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 of a company
incorporated in the United States. For a discussion of significant differences between the provisions of the Companies Act of the Cayman
Islands and the laws applicable to companies incorporated in the United States and their shareholders, see section titled “ Description
of Share Capital and Memorandum and Articles of Association - Comparison of Shareholder Rights

Subject
to the Companies Act and our amended and restated memorandum and articles of association, we may allot and issue new Shares on terms
and conditions and for such purposes as may be determined by our Board of Directors in its sole discretion. Any issuance of new Shares
would dilute the percentage ownership of existing Shareholders and could adversely impact the market price of our Shares.

According
to our amended and restated memorandum and articles of association, all Shares for the time being unissued shall be under the control
of our Directors who may, in their absolute discretion and without the approval of the shareholders, cause the Company to, amongst others,
issue, allot and dispose of Shares (including, without limitation, preferred shares) (whether in certificated form or non-certificated
form) to such persons, in such manner, on such terms and having such rights and being subject to such restrictions as they may from time
to time determine. Moreover, the Company shall have power to redeem or purchase any of its Shares and to increase or reduce its authorized
share capital and to sub-divide or consolidate the said Shares or any of them and to issue all or any part of its capital whether original,
redeemed, increased or reduced with or without any preference, priority, special privilege or other rights or subject to any postponement
of rights or to any conditions or restrictions whatsoever. Since we may seek to raise capital in the future, including to fund acquisitions,
future investments and other growth opportunities, and for these and other purposes, issue additional Shares or securities convertible
into Shares, any additional issuances of new Shares could dilute the percentage ownership of our existing Shareholders and may also adversely
impact the market price of our Shares.

Securities
analysts may not publish favorable research or reports about our business or may publish no information at all, which could cause our
stock price or trading volume to decline.

The
trading market is influenced to some extent by the research and reports that industry or financial analysts publish about us and our
business. We do not control these analysts. As a newly public company, we are slow to attract research coverage and the analysts who
publish information about