Company: JOCM
Filing Date: 2025-05-05
Form Type: 10-K
Source: 0001641172-25-008460
Chunk: 143

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-05-05
Form: 10-K
Item: Item 1C
Chunk 143
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 than established customers and accredited
investors (generally those with assets in excess of $1,000,000, or annual incomes exceeding $200,000 individually, or $300,000, together
with their spouse).

For transactions covered by these rules, the broker-dealer
must make a special suitability determination for the purchase of such securities and have received the purchaser’s prior written
consent to the transaction. Additionally, for any transaction, other than exempt transactions, involving a penny stock, the rules require
the delivery, prior to the transaction, of a risk disclosure document mandated by the Securities and Exchange Commission relating to the
penny stock market. The broker-dealer also must disclose the commissions payable to both the broker-dealer and the registered representative,
current quotations for the securities and, if the broker-dealer is the sole market-maker, the broker-dealer must disclose this fact and
the broker-dealer’s presumed control over the market. Finally, monthly statements must be sent disclosing recent price information
for the penny stock held in the account and information on the limited market in penny stocks. Consequently, the “penny stock”
rules may restrict the ability of broker-dealers to sell our Common Stock and may affect the ability of investors to sell their Common
Stock in the secondary market.

In addition to the “penny stock” rules
promulgated by the Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) has adopted rules
that require that in recommending an investment to a customer, a broker-dealer must have reasonable grounds for believing that the investment
is suitable for that customer. Prior to recommending speculative low priced securities to their non-institutional customers, broker-dealers
must make reasonable efforts to obtain information about the customer’s financial status, tax status, investment objectives and
other information. Under interpretations of these rules, FINRA believes that there is a high probability that speculative low-priced securities
will not be suitable for at least some customers. The FINRA requirements make it more difficult for broker-dealers to recommend that their
customers buy our common stock, which may limit the investors’ ability to buy and sell our stock.

Dividend Policy

Any future determination as to the declaration and
payment of dividends on shares of our Common Stock will be made at the discretion of our board of directors out of funds legally available
for such purpose. We are under no obligations or restrictions to declare or pay dividends on our shares of Common Stock. In addition,
we currently have no plans to pay