Company: AOAO
Filing Date: 2025-09-16
Form Type: S-1/A
Source: 0001493152-25-013575
Chunk: 17

Company: Alpha One Inc.
Filing Date: 2025-09-16
Form: S-1/A
Chunk 17
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 2023), domestic companies that have submitted application to overseas market other than where it has offered and listed, but do not get approval from overseas regulator or stock exchanges yet, shall file with CSRC before offering and listing procedures are completed. We are listing in overseas OTC market and not transferring Offering and Listing from Overseas OTC Market to Overseas Stock Exchange currently. According to the CSRC Guidelines of Regulatory Rules, we are not subjected to the Trial Administrative Measures of Overseas Securities Offering and Listing by Domestic Companies, or the Trial Measures, which became effective on March 31, 2023.

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We have been closely monitoring regulatory developments
in China regarding any necessary approvals from the CSRC, the CAC or other PRC regulatory authorities required for our operations and
overseas listings. However, there remains significant uncertainty as to the enactment, interpretation and implementation of regulatory
requirements related to overseas securities offerings and other capital markets activities. The PRC government may take actions to exert
more oversight and control over offerings by China-based issuers conducted overseas and/or foreign investment in such companies,
which could significantly limit or completely hinder our ability to offer or continue to offer securities to investors outside China
and cause the value of our securities to significantly decline or become worthless. If it is determined in the future that the approval
or permissions of the CSRC, the CAC or any other regulatory authority is required for our operations through our PRC Subsidiaries and
this offering and we or our PRC Subsidiaries do not receive or maintain the approvals or permissions, or we or our PRC Subsidiaries inadvertently
conclude that such approvals or permissions are not required, or applicable laws, regulations, or interpretations change such that we
or our PRC Subsidiaries are required to obtain approvals or permissions in the future, we and our PRC Subsidiaries may be subject to
investigations by competent regulators, fines or penalties, ordered to suspend our PRC Subsidiaries’ relevant operations and rectify
any non-compliance, limit our ability to pay dividends outside of mainland China, delay or restrict the repatriation of the proceeds
from this offering into mainland China or take other actions prohibited from engaging in relevant business or conducting any offering,
and these risks could result in a material adverse change in our operations, significantly limit or completely hinder our ability to
offer or continue to offer securities to investors, or cause such securities to significantly decline in value or become worthless