Company: YIBO
Filing Date: 2025-06-03
Form Type: F-3
Source: 0001213900-25-050771
Chunk: 35

Company: Planet Image International Ltd
Filing Date: 2025-06-03
Form: F-3
Chunk 35
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4, the Company closed its initial
public offering (“IPO”) of 1,250,000 Class A Ordinary Shares. The Company completed the IPO pursuant to its registration statement
on Form F-1 (File No. 333-263602), which was initially filed with the SEC on March 16, 2022, as amended, and declared effective by the
SEC on January 24, 2024. The Class A Ordinary Shares were priced at $4.00 per share, and the offering was conducted on a firm commitment
basis. The Class A Ordinary Shares were previously approved for listing on Nasdaq and commenced trading under the ticker symbol “YIBO”
on January 25, 2024.

On January 29, 2024, the Company also issued to
US Tiger Securities, Inc., the sole book-running manager relating to the IPO, warrants to purchase up to 37,500 Class A Ordinary Shares.

<div align='center'>14

DESCRIPTION OF DEBT SECURITIES</div>

General

As used in this prospectus, the term “debt
securities” means the debentures, notes, bonds, and other forms of indebtedness that we may issue from time to time. The debt securities
will either be senior debt securities or subordinated debt securities. Debt securities will be issued under an indenture between us and
a trustee to be named therein. We have filed the forms of indentures as exhibits to the registration statement of which this prospectus
is a part. We may issue debt securities which may or may not be converted into our Class A Ordinary Shares or Class B Ordinary Shares.
We may issue the debt securities independently or together with any underlying securities, and debt securities may be attached or separate
from the underlying securities.

The following description is a summary of selected
provisions relating to the debt securities that we may issue. The summary is not complete. When debt securities are offered in the future,
a prospectus supplement, information incorporated by reference, or a free writing prospectus, as applicable, will explain the particular
terms of those securities and the extent to which these general provisions may apply. The specific terms of the debt securities as described
in a prospectus supplement, information incorporated by reference, or free writing prospectus will supplement and, if applicable, may
modify or replace the general terms described in this section.

This summary and any description of debt securities
in the applicable prospectus supplement, information incorporated by reference, or free writing prospect