Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 89

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 89
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registered public accounting firm headquartered in Sugar Land, Texas, issues the audit report included in this prospectus, is currently
subject to PCAOB inspections, and has been inspected by the PCAOB on a regular basis.

Further developments related
to the HFCAA could add uncertainties to our offering. We cannot assure you what further actions the SEC, the PCAOB or the stock exchanges
will take to address these issues and what impact such actions will have on companies that have significant operations in the PRC and
have securities listed on a U.S. stock exchange (including a national securities exchange or over-the-counter stock market). In addition,
any additional actions, proceedings or new rules resulting from these efforts to increase U.S. regulatory access to audit information
could create uncertainty for investors, the market price of our Ordinary Shares could be adversely affected, and we could be delisted
if we and our auditor are unable to meet the PCAOB inspection requirement. Such a delisting would substantially impair your ability to
sell or purchase our Ordinary Shares when you wish to do so, and would have negative impact on the price of our shares.

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Under the PRC laws, the approval of and the filing with the CSRC or other PRC government authorities may be required in connection with this offering and our listing with Nasdaq as well as any of our future offerings and listings in an overseas market, and, if required, we cannot predict whether or for how long we will be able to obtain such approval or complete such filing.

Regulations on Mergers and
Acquisitions of Domestic Enterprises by Foreign Investors, or the M&A Rules, adopted by six PRC regulatory agencies in 2006 and amended
in 2009, requires an overseas special purpose vehicle, that is controlled directly or indirectly by the PRC companies or individuals
and that has been formed for overseas listing purposes through acquisitions of PRC domestic interests held by such PRC companies or individuals,
to obtain the approval of the CSRC prior to the listing and trading of such special purpose vehicle’s securities on an overseas
stock exchange. The CSRC currently has not issued any definitive rule or interpretation concerning whether our offshore offerings are
subject to the M&A Rules. The interpretation and application of the regulations remain unclear, and our offshore offerings may ultimately
require approval of the CSRC. If the CSRC approval is required, it is uncertain whether we can or how long it will take us to obtain
the approval and, even if we obtain such CSRC approval, the