Company: BGHL
Filing Date: 2025-09-22
Form Type: F-1/A
Source: 0001213900-25-089787
Chunk: 165

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-09-22
Form: F-1/A
Chunk 165
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 Representative participated in such transaction, provided that such investor(s) were first introduced to the Company by the Representative and documented in writing during the term of the engagement letter. This provision is intended to comply with FINRA Rule 5110(g)(5)(B). If the Company terminates the engagement letter for cause — defined as the Representative’s material breach of its obligations or willful failure to perform the services contemplated herein — no tail fee (or other post -terminationcompensation) shall be payable. Any tail fee must be reasonable in relation to the underwriting or placement services originally contemplated and shall not exceed the cash fee rate set forth in the engagement letter. No tail fee is owed for any transaction consummated after the tail period. 106 Lock-Up Agreements We and our directors, officers and affiliates will enter into customary “lock -up” agreements in favor of the Representative pursuant to which we, and any of our successors, our directors, officers and affiliates will agree, for a period of 6 months from the closing of the offering, not to (a) offer, sell or otherwise transfer or dispose of, directly or indirectly, any shares of capital stock of the Company or any securities convertible into or exercisable or exchangeable for shares of capital stock of the Company; or (b) file or caused to be filed any registration statement with the SEC relating to the offering of any shares of capital stock of the Company or any securities convertible into or exercisable or exchangeable for shares of capital stock of the Company, other than post -effectiveamendments to the Registration Statement of which this prospectus is a part. The shareholders Billion Fortune Overseas Limited and Boss Plan Limited will enter into similar lock -upagreements for a period of six months from the closing of the offering. The lock -upagreements are subject to customary exceptions, including transfers: •as a bona fide gift or gifts, or for charitable contributions; •to any trust for the direct or indirect benefit of the lock -upparty or the immediate family of the lock -upparty; •to a partnership, limited liability company, or other entity of which the lock -upparty and/or the immediate family of the lock -upparty are the only members or partners; or •by operation of law, such as pursuant to a qualified domestic relations order or in connection with a divorce settlement. In all cases, the transferees must agree to be bound by the terms of the lock -upagreement, and no public filing or announcement reporting the transfer is