Company: PAVS
Filing Date: 2025-10-28
Form Type: 424B5
Source: 0001929980-25-000683
Chunk: 41

Company: Paranovus Entertainment Technology Ltd.
Filing Date: 2025-10-28
Form: 424B5
Chunk 41
---
 |

Our Board may, issue preferred shares without action by our shareholders to the extent there are authorized but unissued shares available.

| 13 |

You should refer to the prospectus supplement relating to the series of preferred shares being offered for the specific terms of that series, including:

| ● | title of the series and the number of shares in the series; |

| ● | the price at which the preferred shares will be offered; |

| ● | the dividend rate or rates or method of calculating the rates, the dates on which the dividends will be payable, whether or not dividends will be cumulative or noncumulative and, if cumulative, the dates from which dividends on the preferred shares being offered will cumulate; |

| ● | the voting rights, if any, of the holders of preferred shares being offered; |

| ● | the provisions for a sinking fund, if any, and the provisions for redemption, if applicable, of the preferred shares being offered, including any restrictions on the foregoing as a result of arrearage in the payment of dividends or sinking fund installments; |

| ● | the liquidation preference per share; |

| ● | the terms and conditions, if applicable, upon which the preferred shares being offered will be convertible into our Ordinary Shares, including the conversion price, or the manner of calculating the conversion price, and the conversion period; |

| ● | the terms and conditions, if applicable, upon which the preferred shares being offered will be exchangeable for debt securities, including the exchange price, or the manner of calculating the exchange price, and the exchange period; |

| ● | any listing of the preferred shares being offered on any securities exchange; |

| ● | a discussion of any material federal income tax considerations applicable to the preferred shares being offered; |

| ● | any preemptive rights; |

| ● | the relative ranking and preferences of the preferred shares being offered as to dividend rights and rights upon liquidation, dissolution or the winding up of our affairs; |

| ● | any limitations on the issuance of any class or series of preferred shares ranking senior or equal to the series of preferred shares being offered as to dividend rights and rights upon liquidation, dissolution or the winding up of our affairs; and |

| ● | any additional rights, preferences, qualifications, limitations and restrictions of the series. |

Upon issuance, the preferred shares will be fully paid and nonassessable, which means that its holders will have paid their purchase price in full and we may not require them to pay additional funds.

Any