Company: ILAG
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001641172-25-006445
Chunk: 16

Company: Intelligent Living Application Group Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 3
Chunk 16
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 expected levels of revenue, profitability, productivity or other benefits;  

  difficulties in retaining, training, motivating and integrating key personnel;  

  diversion of management’s time and resources from our normal daily operations;  

  14  

  difficulties in successfully incorporating licensed or acquired technology and rights into our product offerings;  

  difficulties in maintaining uniform standards, controls, procedures and policies within the combined organizations;  

  difficulties in retaining relationships with customers, employees and suppliers of the acquired business;  

  risks of entering markets in which we have limited or no prior experience;  

  regulatory risks, including remaining in good standing with existing regulatory bodies or receiving any necessary pre-closing or post-closing approvals, as well as being subject to new regulato...  

  assumption of contractual obligations that contain terms that are not beneficial to us, require us to license or waive intellectual property rights or increase our risk for liability;  

  failure to successfully further develop the acquired technology;  

  liability for activities of the acquired business before the acquisition, including intellectual property infringement claims, violations of laws, commercial disputes, tax liabilities and other...  

  potential disruptions to our ongoing businesses; and  

  unexpected costs and unknown risks and liabilities associated with strategic investments or acquisitions.  

We may not make any investments or acquisitions, or
any future investments or acquisitions may not be successful, may not benefit our business strategy, may not generate sufficient revenues
to offset the associated acquisition costs or may not otherwise result in the intended benefits. In addition, we cannot assure you that
any future investment in or acquisition of new businesses or technology will lead to the successful development of new or enhanced products
or that any new or enhanced products, if developed, will achieve market acceptance or prove to be profitable.

Our business depends on the continued efforts
of our senior management. If one or more of our key executives were unable or unwilling to continue in their present positions, our business
may be severely disrupted.

Our business operations depend on the continued services
of our senior management, particularly the executive officers named in this report. While we have the ability to provide different incentives
to our management, we cannot assure you that we can continue to retain their services. If one or more of our key executives were unable
or unwilling to continue in their present positions, we may not be able to replace them easily or at all, our future growth may be constrained,
our business may be severely disrupted and our financial condition and results of operations may be materially and adversely affected,
and we may incur additional expenses to