Company: BGHL
Filing Date: 2025-05-30
Form Type: DRS
Source: 0001213900-25-049553
Chunk: 25

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-05-30
Form: DRS
Chunk 25
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 (i) expanding our market reach and strengthening our sales and distribution infrastructure (approximately 45%), (ii) enhancing our brand awareness and investing in marketing and advertising initiatives (approximately 35%), and (iii) general corporate purposes (approximately 20%). See “Use of Proceeds” for additional information. |

9

| Lock-up                |     | We and our directors, executive officers, affiliates and shareholders, other than any Selling Shareholders, have agreed, subject to certain exceptions, for a period of either 6 or 12 months after the closing of this offering, not to offer, pledge, sell, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of, directly or indirectly, any Ordinary Shares or any other securities convertible into or exercisable or exchangeable for Ordinary Shares, or enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of Ordinary Shares. In addition, all holders of Preferred Shares have agreed for a period of six months after the closing of this offering to a similar lock-up in respect of their Preferred Shares. See “Shares Eligible for Future Sale — Lock-Up Agreements” and “Underwriting — Lock-Up Agreements.” |
|                        |     | In addition, the Company has agreed not to file or cause to be filed any registration statement with the SEC relating to the offering of any Ordinary Shares of the Company or any securities convertible into or exercisable or exchangeable for Ordinary Shares of the Company for a period of 12 months after the date of this prospectus, other than post-effective amendments to the Registration Statement of which this prospectus is a part.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| Payment and settlement |     | The underwriters expect to deliver the ordinary shares against payment on [*], 2025.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| Taxation               |     | For Cayman, Hong Kong and U.S. federal income tax considerations with respect to the ownership and disposition of our ordinary shares, see “Taxation.”                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| Risk factors           |     | The Ordinary Shares offered hereby involve a high degree of risk. You should read “Risk Factors” beginning on page 11 for a discussion of factors to consider before deciding to invest in our Ordinary Shares.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |

10 RISK FACTORS 01-Risks Related to Doing Business in Hong Kong All of our operations are in Hong Kong. However, due to the long-arm