Company: GINT
Filing Date: 2025-05-16
Form Type: DRS/A
Source: 0001213900-25-044839
Chunk: 260

Company: Gifts International Holdings Ltd
Filing Date: 2025-05-16
Form: DRS/A
Chunk 260
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 approved to cancel the then outstanding Ordinary Shares issued, and issue (i) 500,000 Class A Ordinary Shares and 8,349,500 Class B Ordinary Shares to Mr.Wong, and (ii) in aggregate, 2,150,500 Class A Ordinary Shares to the other shareholders. F-50 GIFTS INTERNATIONAL HOLDINGS LIMITED AND SUBSIDIARIES NOTES TO THE COMBINED FINANCIAL STATEMENTS NOTE 15 — SUBSEQUENT EVENTS (CONT.) On May _, 2025, Mr.Wong surrendered 4,900,000 Class B Ordinary Shares to the Company for no consideration (“Surrender”). On May _, 2025, the Company repurchased 700,000 Class B Ordinary Shares from Mr.Wong and issued 700,000 Class A Ordinary Shares to Mr.Wong [as consideration] (“Repurchase”). Upon completion of the Repurchase, Mr.Wong owned 1,200,000 Class A Ordinary Shares and 2,749,500 Class B Ordinary Shares. On May _, 2025, the Company resolved and approved for a share subdivision by subdividing each issued and unissued share into 3shares, such that the Company was authorized to issue a maximum number of 165,000,000,000 Shares at no par value shares, dividing into (i) 164,700,000,000 Class A Ordinary Shares at no par value and (ii) 300,000,000 Class B Ordinary Shares at no par value, as part of the Company’s recapitalization (the “Second Share Subdivision”). At the date of this filing, the Company is authorized to issue 164,700,000,000 Class A Ordinary Shares and 300,000,000 Class B Ordinary Shares, at no par value each, consisting of 10,051,500 Class A Ordinary Shares issued and outstanding, and 8,248,500 Class B Ordinary Shares issued and outstanding. F-51 ORDINARY SHARES Gifts International Holdings Limited ______________________________ PRELIMINARY PROSPECTUS [], 2025 ______________________________ R. F. Lafferty & Co., Inc. Through and including [*] 2025 (the 25 th day after the date of this prospectus), all dealers effecting transactions in these securities, whether or not participating in this offering, may be required to deliver a prospectus. This is in addition to a dealer’s obligation to deliver a prospectus when acting as an underwriter and with respect to an unsold allotment or