Company: ZDAN
Filing Date: 2025-06-30
Form Type: F-1
Source: 0001683168-25-004840
Chunk: 115

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-06-30
Form: F-1
Chunk 115
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 and guidance the percentage of our
passive income or the percentage of our assets treated as producing passive income increases, we may be a PFIC in one or more taxable years.

If we are a PFIC for any
taxable year during which a United States person holds Ordinary Shares, certain adverse United States federal income tax consequences
could apply to such United States person. For more information see “Taxation — Material U.S. Federal Income
Tax Consequences — Passive Foreign Investment Company.”

For as long as we are an emerging growth company, we will not be required to comply with certain reporting requirements, including those relating to accounting standards and disclosure about our executive compensation, that apply to other public companies.

We are classified as an
“emerging growth company” under the JOBS Act. For as long as we are an emerging growth company, which may be up to five full
fiscal years, unlike other public companies, we will not be required to, among other things, (i) provide an auditor’s attestation
report on management’s assessment of the effectiveness of our system of internal control over financial reporting pursuant to Section 404(b) of
the Sarbanes-Oxley Act, (ii) comply with any new requirements adopted by the PCAOB requiring mandatory audit firm rotation or a
supplement to the auditor’s report in which the auditor would be required to provide additional information about the audit and
the financial statements of the issuer, (iii) provide certain disclosure regarding executive compensation required of larger public
companies, or (iv) hold nonbinding advisory votes on executive compensation. We will remain an emerging growth company for up to
five years, although we will lose that status sooner if we have more than $1.235 billion of revenues in a fiscal year, have
more than $700 million in market value of our Ordinary Shares held by non-affiliates, or issue more than $1.0 billion of non-convertible
debt over a three-year period.

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The JOBS Act also provides
that an emerging growth company does not need to comply with any new or revised financial accounting standards until such date that a
private company is otherwise required to comply with such new or revised accounting standards. In other words, an “emerging growth
company” can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies.
We have elected to take advantage of the extended transition period. As a result of this election, our future financial statements may
not