Company: CHOW
Filing Date: 2025-01-13
Form Type: DRS/A
Source: 0001493152-25-001833
Chunk: 277

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-01-13
Form: DRS/A
Chunk 277
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, including without prejudice to the generality of the foregoing, any costs, expenses, losses or liabilities incurred by him in defending (whether successfully or otherwise) any civil proceedings concerning our company or its affairs in any court whether in the Cayman Islands or elsewhere.

Pursuant to the form of indemnification agreements to be filed as Exhibit 10.1 to this Registration Statement, we will agree to indemnify our directors and officers against certain liabilities and expenses that they incur in connection with claims made by reason of their being a director or officer of our company.

The Underwriting Agreement, the form of which is filed as Exhibit 1.1 to this Registration Statement, will also provide for indemnification of us and our officers and directors.

Insofar as indemnification for liabilities arising under the Securities Act of 1933, as amended, may be permitted to directors, officers or persons controlling us pursuant to the foregoing provisions, we have been informed that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable.

(a) ITEM 7. RECENT SALES OF UNREGISTERED SECURITIES.

During the past three years, we have issued and sold the following securities without registering the securities under the Securities Act. We believe that each of the following issuances was exempt from registration pursuant to Section 4(2) of the Securities Act, regarding transactions not involving a public offering, or in reliance on Regulation S under the Securities Act regarding sales by an issuer in offshore transactions. None of the transactions involved an underwriter.

| Purchaser                                       
 YEE Kar Wing                                    
 YEE Kar Wing                                    
 Shareholders of Vigorous Elite Holdings Limited |     | Date of Sale or  
 Issuance         
 October 8, 2024  
 October 18, 2024 
 October 24, 2024 |     | Title and Number           
 of Securities              
 1 Ordinary Shares          
 10 Ordinary Shares         
 32,499,990 Ordinary Shares |     | Consideration 
 US$           
 US$           |                                     0.001 
                                      N.A. 
 Shares in Vigorous Elite Holdings Limited |
|:------------------------------------------------|:----|:-----------------|:----|:---------------------------|:----|:--------------|------------------------------------------:|
| Rainbow Sun Enterprises Limited                 |     | October 24, 2024 |     | 10 Ordinary Shares         |     | US$           |                                      1.00 |

| II-1 |

(b) ITEM