Company: SPPL
Filing Date: 2025-04-08
Form Type: 20-F
Source: 0001641172-25-003217
Chunk: 86

Company: SIMPPLE LTD.
Filing Date: 2025-04-08
Form: 20-F
Item: Item 10
Chunk 86
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ITEM
10. ADDITIONAL INFORMATION

A.
Share Capital.

Our
authorized share capital consists of 62,500,000 Ordinary Shares, par value $0.0008 per share, of which approximately 3,539,790
o. ooo are issued and outstanding as of December 31, 2024 based on amended and restated memorandum and articles of association dated December 9, 2024.

B.
Memorandum and Articles of Association.

We
incorporate by reference into this Annual Report the description of our amended and restated memorandum and articles of association dated
December 9, 2024, contained in our registration statement on Form 6-K (File No. 333- 271067) filed with the Securities and Exchange Commission
on March 15, 2025 as amended.

The
following are summaries of material provisions of our Amended and Restated Memorandum and Articles of Association as they relate to the
material terms of our ordinary shares.

Ordinary
Shares

General

We
are an exempted company incorporated with limited liability under the laws of the Cayman Islands and our affairs are governed by:

  Memorandum and Articles of Association;                                                                                
  The Companies Act (Revised) (as amended) of the Caymans Islands, which is referred to as the Companies Act below; and  
  Common law of the Cayman Islands.                                                                                      

  69  

  Table of Contents  

All
of our outstanding Ordinary Shares are validly issued, fully paid and non-assessable. Our Ordinary Shares are not redeemable and do not
provide any preemptive rights.

We
have included summaries of certain material provisions of our second amended and restated memorandum and articles of association (the
“ Memorandum” “ Articles”

Memorandum
of Association

The
Memorandum provides, inter alia, that the liability of members of our Company is limited and that the objects for which our Company is
established are unrestricted (and therefore include acting as an investment company), and that our Company shall have and be capable
of exercising any and all of the powers at any time or from time to time exercisable by a natural person or body corporate whether as
principal, agent, contractor or otherwise and, since our Company is an exempted company, that our Company will not trade in the Cayman
Islands with any person, firm or corporation except in furtherance of the business of our Company carried on outside the Cayman Islands.