Company: CHOW
Filing Date: 2025-09-02
Form Type: F-1/A
Source: 0001641172-25-026148
Chunk: 65

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-09-02
Form: F-1/A
Chunk 65
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 the United States and other countries have experienced significant price and volume fluctuations in the last few years. If you purchase our Ordinary Shares in our initial public offering, you may not be able to resell those shares at or above the initial public offering price. We cannot assure you that the initial public offering price of our Ordinary Shares, or the market price following our initial public offering, will equal or exceed prices in privately negotiated transactions of our shares that have occurred from time to time prior to our initial public offering. The market price for our Ordinary Shares may be volatile and subject to wide fluctuations due to factors such as:

| ● | the                                                                                         
 financial projections we may provide to the public, any changes in these projections or our 
 failure to meet these projections;                                                          |

| ● | actual                                                          
 or anticipated fluctuations in our quarterly operating results; |

| ● | changes                                                 
 in financial estimates by securities research analysts; |

| ● | negative                       
 publicity, studies or reports; |

| ● | our                                                                     
 capability to catch up with the technology innovations in the industry; |

| ● | announcements                                                                              
 by us or our competitors of acquisitions, strategic business relationships, joint ventures 
 or capital commitments;                                                                    |

| ● | addition                       
 or departure of key personnel; |

| ● | fluctuations                                                            
 of exchange rates between the Hong Kong dollar and the U.S. dollar; and |

| ● | general                                                                         
 economic or political conditions in Hong Kong, the PRC and greater Asia region. |

In addition, the securities market has from time-to-time experienced significant price and volume fluctuations that are not related to the operating performance of particular companies. These market fluctuations may also materially and adversely affect the market price of our Ordinary Shares.

You will experience immediate and substantial dilution in the net tangible book value of Ordinary Shares purchased.

The initial public offering price of our Ordinary Shares is substantially higher than the (pro forma) net tangible book value per share of our Ordinary Shares. Consequently, when you purchase our Ordinary Shares in the offering and upon completion of the offering, you will incur immediate dilution of US$4.0026 per share, assuming an initial public offering price of US$4.00, which is the lower end of the price range as set forth on the cover page of this prospectus. See “Dilution.”

Substantial future sales of our Ordinary Shares or the anticipation of future sales of our Ordinary Shares in the public market could cause the price of our Ordinary Shares to decline.

Sales of substantial