Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 212

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 212
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,285,450 Ordinary Shares, representing 73.01% of the total voting power of our issued and outstanding share capital immediately
following the completion of this offering, assuming the Underwriter does not exercise its over-allotment option, or [•]% of our
total voting power. As a result, we will be a “controlled company” within the meaning of the Nasdaq listing rules. As a controlled
company, we are permitted to elect to rely on certain exemptions from the obligations to comply with certain corporate governance requirements,
including:

| · | the requirement that a majority of the board of directors consist of                                                             
 independent directors;                                                                                                           |
| · | the requirement that our director nominees be selected or recommended                                                            
 solely by independent directors; and                                                                                             |
| · | the requirement that we have a nominating and corporate governance                                                               
 committee and a compensation committee that are composed entirely of independent directors with a written charter addressing the 
 purposes and responsibilities of the committees.                                                                                 |

Although we do not intend
to rely on the controlled company exemptions under the Nasdaq listing rules even if we are a controlled company, we may 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 Nasdaq. Our controlling shareholder will have substantial control over corporate matters
after this offering.

Qualification

There is currently no shareholding
qualification for directors, although a shareholding qualification for directors may be fixed by our shareholders by ordinary resolution.

Insider Participation Concerning Executive Compensation

Our Board of Directors,
which is currently comprised of four directors, has been making all determinations regarding executive officer compensation from the
inception of the Company. When our Compensation Committee has been established, it will be making all determinations regarding executive
officer compensation (please see below).

| 132 |

<div align='center'>PRINCIPAL SHAREHOLDERS</div>

The following table sets
forth information with respect to the beneficial ownership, within the meaning of Rule 13d-3 under the Exchange Act, of our Ordinary
Shares as of the date of this prospectus, and as adjusted to reflect the sale of the Ordinary Shares offered in this offering for:

| · | each of our directors and executive officers who beneficially own our    
 Ordinary Shares;                                                         |
| · | our directors and executive officers as a group; and                     |
| · | each person known to us to own beneficially