Company: GRAN
Filing Date: 2025-07-01
Form Type: 424B4
Source: 0001213900-25-060039
Chunk: 46

Company: Grande Group Ltd/HK
Filing Date: 2025-07-01
Form: 424B4
Chunk 46
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 Ordinary Shares and Class B Ordinary Shares. Each Class A Ordinary Share has one (1) vote and each Class B Ordinary Share has twenty (20) votes. Upon the completion of this Offering, our Controlling Shareholder, Grande Holding, will own 77.42% of our total issued and outstanding Class A Ordinary Shares and 100% of our total issued and outstanding Class B Ordinary Shares, representing 96.30% of our total voting power, assuming that the underwriters do not exercise their over -allotmentoption. The Class B Ordinary Shares outstanding are all ultimately and beneficially owned by Mr.Tak Kai Raymond, TAM and Ms. Yujie, CHEN (our Chief Executive Officer and the Chair of our Board), through Grande Holding. Because of the one -to-twentyvoting ratio between our Class A and Class B Ordinary Shares, Mr.Tam and Ms. Chen, through Grande Holding Limited, will continue to control a majority of the combined voting power of our Ordinary Shares and therefore be able to control all matters submitted to our shareholders for approval so long as the Class B Ordinary Shares held by Grande Holding represent at least 51% of the voting power of all outstanding Ordinary Shares, i.e. the high -voteshares shareholder must keep more than 2,990,625 Class B Ordinary Shares after the Offering to control the outcome of matters submitted to shareholders for approval. Our Amended and Restated Memorandum and Articles of Association do not include the sunset provisions to limit the lifespan of the Class B Ordinary Shares (meaning the high -votefeature of our Class B Ordinary Shares may persist indefinitely). The death of the ultimate beneficial owner of our Class B Ordinary Shares or intra -familytransfers of Class B Ordinary Shares would not require conversion of the Class B Ordinary Shares. As a result, we will be a “controlled company” as defined under Nasdaq Listing Rule 5615(c) because our Controlling Shareholder will hold more than 50% of the voting power for the election of directors. As a “controlled company,” we are permitted to elect not to comply with certain corporate governance requirements. Although we do not intend to rely on the controlled company exemptions under the Nasdaq listing standards even if we are deemed a controlled company, we could elect to rely on these exemptions in the future, and if so, you would not have the same protection afforded to shareholders of companies that are subject to all of the corporate governance requirements of the Nasdaq Capital Market. 19 Holding Foreign Companies Accountable