Company: RETO
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001213900-25-087644
Chunk: 41

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-09-15
Form: F-1
Chunk 41
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 may be unable to obtain a waiver of such approval requirements, if and when procedures are established to obtain such a waiver. Any uncertainties or negative publicity regarding such approval requirement could materially and adversely affect our business, prospects, financial condition, reputation, and the trading price of our Class A Shares. 19 USE OF PROCEEDS We will not receive any proceeds from the sale of our Class A Shares offered by this prospectus. The Selling Shareholder will receive all of the proceeds. We will pay all costs, fees and expenses incurred in connection with the registration of the Class A Shares covered by this prospectus. 20 DETERMINATION OF OFFERING PRICE We cannot currently determine the price or prices at which our Class A Shares may be sold by the Selling Shareholder under this prospectus. These sales may be at fixed prices, at prevailing market prices at the time of sale, at prices related to the prevailing market price, at varying prices determined at the time of sale, or at negotiated prices. 21 DIVIDEND POLICY For a description of our dividend policy, please read “ Item 8. Financial Information — A. Consolidated Statements and Other Financial Information—Dividend Policy” in our 2024 Annual Report, which is incorporated by reference into this prospectus. There have been no material changes or developments to our dividend policy since the filing of our 2024 Annual Report. 22 MARKET INFORMATION Our Class A Shares are listed on the Nasdaq under the symbol “RETO.” On September 11, 2025, the closing sale price of the Class A Shares was $1.56. As of September 11, 2025, to our knowledge, we had 234 holders of record of our Class A Shares. The number of holders of record is based exclusively upon the information provided by our transfer agent and does not address whether a share or shares may be held by the holder of record on behalf of more than one person or institution who may be deemed to be the beneficial owner of a share or shares in the Company. 23 UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION The following unaudited pro forma combined financial information combines the individual historical unaudited results of ReTo and MeinMalzeBier adjusted to give effect to the MeinMalzeBier Acquisition on April 25, 2025. The unaudited pro forma combined statements of income for the year ended December 31, 2024 gives effect to the MeinMalzeBier