Company: GINT
Filing Date: 2025-03-12
Form Type: DRS/A
Source: 0001213900-25-022887
Chunk: 98

Company: Gifts International Holdings Ltd
Filing Date: 2025-03-12
Form: DRS/A
Chunk 98
---
 offering price in the initial public offering. 48 The resale of Class A Ordinary Shares by the Resale Shareholders may cause the market price of our Class A Ordinary Shares to decline. The resale of Class A Ordinary Shares by the Resale Shareholders, could have the effect of depressing the market price for our Class A Ordinary Shares. The sale or availability for sale of substantial amounts of our Class A Ordinary Shares could adversely affect their market price. Sales of substantial amounts of our Class A Ordinary Shares in the public market after the completion of this Offering, or the perception that these sales could occur, could adversely affect the market price of our Class A Ordinary Shares and could materially impair our ability to raise capital through equity offerings in the future. The Class A Ordinary Shares sold in this offering will be freely tradable without restriction or further registration under the Securities Act, and Class A Ordinary Shares held by the Resale Shareholders may also be sold in the public market in the future pursuant to the Resale Prospectus subject to the restrictions in Rule 144 under the Securities Act and applicable lock -upagreements. There will be [4,850,500] Class A Ordinary Shares outstanding immediately after completion of this offering, assuming the underwriters do not exercise its option to purchase additional Shares from us. In connection with this offering, we, our directors, officers and 5% or greater shareholders have agreed, subject to limited exceptions, not to sell any shares until 180 days after the date of this prospectus without the prior written consent of the underwriter. However, the underwriters may release these securities from these restrictions at any time. We cannot predict what effect, if any, market sales of securities held by our Controlling Shareholder or any other shareholder or the availability of these securities for future sale will have on the market price of our Class A Ordinary Shares. You are strongly urged to consult your tax advisors regarding the impact of our being a PFIC in any taxable year on your investment in our Class A Ordinary Shares as well as the application of the PFIC rules. 49 SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This prospectus contains forward -lookingstatements, all of which are subject to risks and uncertainties. Forward -lookingstatements give our current expectations or forecasts of future events. You can identify these statements by the fact that they do not relate strictly to historical or current facts. You can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,”