Company: ZDAN
Filing Date: 2025-02-18
Form Type: DRS/A
Source: 0001683168-25-001085
Chunk: 329

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-02-18
Form: DRS/A
Chunk 329
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incurred by such director or officer in defending (whether successfully or otherwise) any civil, criminal, administrative or investigative
proceedings (whether threatened, pending or completed) concerning our Company or its affairs in any court or tribunal whether in the
Cayman Islands or elsewhere. To the extent permitted by the law of the Cayman Islands, we may make a payment, or agree to make a payment
(whether by way of advance, loan or otherwise), for any legal costs incurred by our directors and officers in respect of any matters
identified above, on the condition that our directors and officers will repay us those legal costs (to the extent that it is ultimately
found that we are not liable to indemnify the director or officer).

Pursuant to indemnification
agreements, the form of which will be filed as Exhibit 10.2 to this registration statement, we will agree to indemnify our directors
and officers against certain liabilities and expenses incurred by such persons in connection with claims made by reason of their being
such a director or officer.

The Underwriting Agreement,
the form of which will be filed as Exhibit 1.1 to this registration statement, will also provide for indemnification of us and our officers
and directors.

Insofar as indemnification
for liabilities arising under the Securities Act may be permitted to directors, officers or persons controlling us pursuant to the foregoing
provisions, we have been informed that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities
Act and is therefore unenforceable.

| ITEM 7. | RECENT SALES OF UNREGISTERED SECURITIES. |

During the past three years,
we have issued the following securities which were not registered under the Securities Act. We believe that each of the following issuance
was exempt from registration under the Securities Act pursuant to Section 4(a)(2) of the Securities Act regarding transactions not involving
a public offering or in reliance on Regulation S under the Securities Act regarding sales by an issuer in offshore transactions. No underwriters
were involved in these issuances of securities.

| Securities/Purchaser                 |     | Date of Issuance |     | Number of 
 Ordinary  
 Shares    |          |    |     | Consideration |          |
|:-------------------------------------|:----|:-----------------|:----|:----------|---------:|---:|:----|:--------------|---------:|
| Zerolimit Digital Technology Limited |     | February 2,