Company: RMSGW
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001641172-25-021609
Chunk: 38

Company: Real Messenger Corp
Filing Date: 2025-07-31
Form: 20-F
Item: Item 3
Chunk 38
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 to securities class action litigation.

The
market price of the Ordinary Shares may be volatile and, in the past, companies that have experienced volatility in the market price
of their shares have been subject to securities class action litigation. The Company may be the target of securities class action litigation
and investigations. Securities litigation against the Company, regardless of the result thereof, could result in substantial costs and
divert management’s attention from other business concerns, which could adversely affect the Company’s business, financial
condition and results of operations.

The
requirements of being a public company may strain the Company’s resources, divert the Company management’s attention and
affect the Company’s ability to attract and retain qualified board members.

The
Company is subject to the reporting requirements of the Securities Exchange Act of 1934, the Sarbanes-Oxley Act, the Dodd-Frank Act,
listing requirements of Nasdaq and other applicable securities rules and regulations. As such, the Company will incur relevant legal,
accounting and other expenses, and these expenses may increase even more if the Company no longer qualifies as an “emerging growth
company,” as defined in Section 2(a) of the Securities Act. The Exchange Act requires, among other things, that the Company file
annual and current reports with respect to the Company’s business and results of operations. The Sarbanes-Oxley Act requires, among
other things, that the Company maintains effective disclosure controls and procedures and internal control over financial reporting.
the Company may need to hire more employees or engage outside consultants to comply with these requirements, which will increase the
Company’s costs and expenses.

Changing
laws, regulations and standards relating to corporate governance and public disclosure are creating uncertainty for public companies,
increasing legal and financial compliance costs and making some activities more time-consuming. These laws, regulations and standards
are subject to varying interpretations, in many cases due to their lack of specificity, and, as a result, their application in practice
may evolve over time as new guidance is provided by regulatory and governing bodies. This could result in continuing uncertainty regarding
compliance matters and higher costs necessitated by ongoing revisions to disclosure and governance practices. These laws and regulations
may increase the Company’s legal and financial compliance costs and render the Company’s certain business activities more
time-consuming and costly.

Members
of the Company’s management team have limited experience managing a publicly traded company, interacting with public company investors
and complying with the increasingly complex laws pertaining to public companies. The Company’s management team may