Company: KPEA
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002124
Chunk: 531

Company: Kun Peng International Ltd.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 1
Chunk 531
---
 Fourth
    quarter ended September 30, 2024
     
    $
    0.125

    $
    0.125

    Fiscal
    Year 2023

    First
    quarter ended December 31, 2022
     
    $
    0.268

    $
    0.1201

    Second
    quarter ended March 31, 2023
     
    $
    0.439

    $
    0.175

    Third
    quarter ended June 30, 2023
     
    $
    0.31

    $
    0.2154

    Fourth
    quarter ended September 30, 2023
     
    $
    0.2765

    $
    0.0946

(1)
Derived from https://www.nasdaq.com/market-activity/stocks/kpea/historical.

Holders

As
of December 15, 2024, there were 24 registered holders of record of our common stock.

Dividends

We
have not paid dividends on our common stock and do not anticipate paying such dividends in the foreseeable future. We will rely on dividends
from our PRC operating entity for our funds and PRC regulations may limit the amount of funds distributed to us from our PRC operating
entity, which will affect our ability to declare any dividends.

Stock
Option and Warrant Grants

We
have no stock options or warrants granted to our executives, employees, vendors, consultants, or any other parties as of the reporting
date.

Registration
Rights

We
have not granted anyone any registration rights.

Securities
Authorized for Issuance under Equity Compensation Plans

As
of September 30, 2024, the Company has not adopted any equity compensation plan.

Penny
Stock Regulations

Our
shares of common stock are subject to the “penny stock” rules of the Securities Exchange Act of 1934 and various rules under
that Act. In general terms, “penny stock” is defined as any equity security that has a market price less than $5.00 per share,
subject to certain exceptions. The rules provide that any equity security is considered to be a penny stock unless that security is registered
and traded on a national securities exchange meeting specified criteria set by the SEC, issued by a registered investment company, and
excluded from the definition on the basis of price (at least $