Company: GINT
Filing Date: 2025-03-12
Form Type: DRS/A
Source: 0001213900-25-022887
Chunk: 261

Company: Gifts International Holdings Ltd
Filing Date: 2025-03-12
Form: DRS/A
Chunk 261
---
, you should refer to the section of this prospectus entitled “Plan of Distribution”. We have applied to list our Class A Ordinary Shares on the Nasdaq Capital Market under the symbol “GINT”. The closing of this offering is conditioned upon Nasdaq Capital Market’s approval of our listing application. The share capital of the Company consists of two classes of ordinary shares, Class A Ordinary Shares and Class B ordinary shares (“Class B Ordinary Shares”). The rights of the holders of Class A Ordinary Shares and Class B Ordinary Shares are identical, except with respect to voting and conversion rights. Each Class B Ordinary Share has twenty votes per share and is convertible into one Class A Ordinary Share, whereas our Class A Ordinary Shares, which we are selling in this offering, have one vote per share and are not convertible into any Class B Ordinary Shares. See “Risk Factors — Risks Related to Our Shares — The dual -classstructure of our Ordinary Shares has the effect of concentrating voting control with those shareholders who held our Class B Ordinary Shares prior to this offering. This ownership will limit or preclude your ability to influence corporate matters, including the election of directors, amendments of our organizational documents, and any merger, consolidation, sale of all or substantially all of our assets, or other major corporate transactions requiring shareholder approval, and that may adversely affect the trading price of our Class A Ordinary Shares.” We are an “emerging growth company”, as defined in the Jumpstart Our Business Startups Act of 2012 and will be subject to reduced public company reporting requirements. We will be a “controlled company” as defined under the Nasdaq Capital Market Company Guide. Following completion of our initial public offering, Mr. Ngai Chiu Wong will own [120,000] Class A Ordinary Shares and [7,649,500] Class B Ordinary Shares, representing [97.0]% of the total voting power of our Company, assuming that the underwriters do not exercise their over -allotmentoption. Mr. Wong will have the ability to control matters requiring shareholder approval, including the election of directors, amendment of organizational documents, and approval of major corporate transactions, such as a change in control, merger, consolidation, or sale of assets. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. Investing in our Class A Ordinary Shares involves a high degree of risk, including the risk of losing your entire investment. See “