Company: AOAO
Filing Date: 2025-02-24
Form Type: S-1/A
Source: 0001493152-25-008010
Chunk: 68

Company: Alpha One Inc.
Filing Date: 2025-02-24
Form: S-1/A
Chunk 68
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 to transfer their net assets to us through cash dividends which their assets are a security to bank borrowings. We may rely on dividends paid by our PRC subsidiaries to fund cash and financing requirements. Any limitation on the ability of our PRC subsidiaries to pay dividends to us could have a material adverse effect on our ability to conduct our business and to pay dividends to shareholders of our ordinary shares. The ability of our subsidiaries in China to make dividends or other cash payments to us is subject to various restrictions under PRC laws and regulations.

Cash Flows

|                                                              |     | Six           
 months ended  
 September 30, |       2024 |   |     |   |     2023 |   |     |   |   Change |   |
|:-------------------------------------------------------------|:----|:--------------|-----------:|:--|:----|:--|---------:|:--|:----|:--|---------:|:--|
| Cash flows used in operating activities                      |     | $             | (1,333,237 | ) |     | $ | (516,978 | ) |     | $ | (816,259 | ) |
| Cash flows used in investing activities                      |     |               |          - |   |     |   |  (28,959 | ) |     |   |  (28,959 | ) |
| Cash flows provided by financing activities                  |     |               |    856,768 |   |     |   |  360,839 |   |     |   |  495,929 |   |
| Effect of exchange rate changes on cash and cash equivalents |     |               |     96,012 |   |     |   | (107,020 | ) |     |   |  203,032 |   |
| Net changes in cash and cash equivalents                     |     | $             |   (380,457 | ) |     | $ | (292,118 | ) |     | $ |  (88,339 | ) |

Cash Flow from Operating Activities

Cash flow used in operating activities for the six months ended September 30, 2024 was $1,333,237 as compared to the amount of $516,978 used in operating activities for the six months ended September 30, 2023, reflecting an increment of $816,259. The increase in net cash used in operating activities was mainly reflected on the net loss in 2024.

Cash Flow from Investing Activities