Company: ZDAN
Filing Date: 2025-02-18
Form Type: DRS/A
Source: 0001683168-25-001085
Chunk: 37

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-02-18
Form: DRS/A
Chunk 37
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 that have opted out of the phase-in
periods under §107 of the JOBS Act.

We will remain an emerging
growth company until the earliest of (a) the last day of the fiscal year during which we have total annual gross revenues of
at least US$1.235 billion; (b) the last day of our fiscal year following the fifth anniversary of the completion of this offering; (c) the
date on which we have, during the preceding three-year period, issued more than US$1.0 billion in non-convertible debt; or (d) the
date on which we are deemed to be a “large accelerated filer” under the Securities Exchange Act of 1934, as amended, or the
Exchange Act, which would occur if the market value of our Ordinary Shares that are held by non-affiliates exceeds US$700 million as
of the last business day of our most recently completed second fiscal quarter. Once we cease to be an emerging growth company, we
will not be entitled to the exemptions provided in the JOBS Act discussed above.

We are also considered a
“foreign private issuer.” Even after we no longer qualify as an emerging growth company, as long as we qualify as a foreign
private issuer under the Exchange Act, we will be exempt from certain provisions of the Exchange Act that are applicable to U.S. domestic
public companies, including:

| · | the sections of the Exchange Act regulating the solicitation of proxies,                                                         
 consents or authorizations with respect to a security registered under the Exchange Act;                                         |
| · | the requirement to comply with Regulation FD, which restricts selective                                                          
 disclosure of material information;                                                                                              |
| · | the sections of the Exchange Act requiring insiders to file public                                                               
 reports of their share ownership and trading activities and liability for insiders who profit from trades made in a short period 
 of time; and                                                                                                                     |
| · | the rules under the Exchange Act requiring the filing with the SEC                                                               
 of quarterly reports on Form 10-Q containing unaudited financial and other specified information, or current reports on Form     
 8-K upon the occurrence of specified significant events.                                                                         |

We may take advantage of
these exemptions until such time as we are no longer a foreign private issuer. We would cease to be a foreign private issuer at such
time as more than 50% of our outstanding voting securities are held by U.S. residents and any of the following three circumstances
applies: (