Company: GRAN
Filing Date: 2025-03-14
Form Type: F-1/A
Source: 0001213900-25-023979
Chunk: 30

Company: Grande Group Ltd/HK
Filing Date: 2025-03-14
Form: F-1/A
Chunk 30
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 could harm our reputation and businesses. Our business and prospects may be materially and adversely affected if our risk management and internal control systems are ineffective or inadequate, and we may not be able to fully detect money laundering and other illegal or improper activities in our business operations on a timely basis or at all, which could subject us to liabilities and penalties. •We are exposed to risks associated with retention and recruitment of licensed and/or qualified personnel. Furthermore, where one or more of the regulated activities of our Operating Subsidiary has less than two responsible officers, our Operating Subsidiary will be in breach of the relevant licensing requirements which could adversely affect our licensing status which may jeopardize our business operation. •Our management team lacks experience in managing a U.S. public company. For a detailed description of the risks above, please refer to pages 36 to 45. Risks Relating to Our Corporate Structure •We rely on dividends and other distributions on equity paid by our subsidiaries to fund any cash and financing requirements we may have, and any limitation on the ability of our subsidiaries to make payments to us could have a material adverse effect on our ability to conduct our business. •The dual -classstructure of our Ordinary Shares will have the effect of concentrating voting control with our Controlling Shareholder, Grande Holding, which will hold in the aggregate 96.30% of the voting power of our voting shares following the completion of this Offering, preventing you and other shareholders from influencing significant decisions, including the election of directors, amendments to our organizational documents and any merger, consolidation, sale of all or substantially all of our assets, or other major corporate transaction requiring shareholder approval. •We are incorporated under the law of the British Virgin Islands and conduct substantially all of your operations, and all of our directors and executive officers reside, outside of the United States. You may face difficulties in protecting your interests, and your ability to protect your rights through U.S. courts may be limited. Risks Relating to Our Class A Ordinary Shares and This Offering •Our Class A Ordinary Shares may be prohibited from being traded on a national exchange under the Holding Foreign Companies Accountable Act if the PCAOB is unable to inspect our auditors. The delisting of our Class A Ordinary Shares, or the threat of their being delisted, may materially and adversely affect the value of your investment. •There has been no public market for our Ordinary Shares prior to this Offering, and you may not be able to resell our Class A Ordinary Shares at or above the price you paid