Company: RITR
Filing Date: 2025-11-28
Form Type: F-3
Source: 0001213900-25-115738
Chunk: 41

Company: Reitar Logtech Holdings Ltd
Filing Date: 2025-11-28
Form: F-3
Chunk 41
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, or between a corporation and any other organization in which a director
or officer has a financial interest, is not void as long as (i) the material facts as to our director’s or officer’s
relationship or interest are disclosed or known and (ii) either a majority of the disinterested directors authorizes the contract
in good faith or the shareholders vote in good faith to approve the contract. Nor will any such contract be void if it is fair to the
corporation when it is authorized, approved or ratified by the board of directors, a committee or the shareholders.

Interested director transactions
are governed by the terms of a company’s memorandum and articles of association.

Transactions with interested shareholders

Delaware corporate law
contains a business combination statute applicable to Delaware public corporations whereby, unless the corporation has specifically elected
not to be governed by that statute by amendment to its certificate of incorporation, it is prohibited from engaging in certain business
combinations with an “interested shareholder” for three years following the date that the person becomes an interested
shareholder. An interested shareholder generally is a person or group that owns or owned 15% or more of the company’s outstanding
voting stock within the past three years. This statute has the effect of limiting the ability of a potential acquirer to make a
two-tiered bid for the company in which all shareholders would not
be treated equally. The statute does not apply if, among other things, prior to the date on which the shareholder becomes an interested
shareholder, the board of directors approves either the business combination or the transaction that resulted in the person becoming
an interested shareholder.

Cayman Islands law has
no comparable provision. However, although Cayman Islands law does not regulate transactions between a company and its significant shareholders,
it does provide that these transactions must be entered into in the bona fide best interests of the company and not with the effect of
constituting a fraud on the minority shareholders

Dissolution; winding up

Under Delaware corporate
law, unless the board of directors approves the proposal to dissolve, dissolution must be approved by shareholders holding 100% of the
total voting power of the corporation. Only if the dissolution is initiated by the board of directors may it be approved by a simple majority
of the corporation’s outstanding shares. Delaware corporate law allows a Delaware corporation to include in its certificate of incorporation
a supermajority voting requirement in connection with dissolutions initiated by the board. Under the Companies Act, our company may be
d