Company: GRAN
Filing Date: 2025-03-14
Form Type: F-1/A
Source: 0001213900-25-023979
Chunk: 122

Company: Grande Group Ltd/HK
Filing Date: 2025-03-14
Form: F-1/A
Chunk 122
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 (1)Gives effect to the of 1,875,000 Class A Ordinary Shares in this Offering at an assumed Offering Price of US$4.00 per share (the proposed minimum offering price) and reflects the application of the proceeds after deducting the underwriting discounts, non -accountableexpense allowance and our estimated offering expenses. Each US$1 increase (decrease) in the assumed initial public offering price of US$4.00 per Class A Ordinary Share would increase (decrease) the pro forma as adjusted amount of total capitalization by US$1,725,000, assuming that the number of Ordinary Shares offered by us, as set forth on the cover page of this prospectus, remains the same, and after deducting underwriting discounts, non -accountableexpense allowance and other estimated offering expenses payable by us. An increase (decrease) of one million in the number of Class A Ordinary Shares offered by us, as set forth on the cover page of this prospectus, would increase (decrease) the pro forma as adjusted amount of total capitalization by US$3,680,000, assuming no change in the assumed initial public offering price per Class A Ordinary Share as set forth on the cover page of this prospectus.

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DILUTION If you invest in our Class A Ordinary Shares in this Offering, your interest will be immediately diluted to the extent of the difference between the initial public offering price per Ordinary Share in this Offering and the net tangible book value per Ordinary Share after this Offering. Dilution results from the fact that the initial public offering price per Ordinary Share is substantially in excess of the net tangible book value per Ordinary Share. As of September30, 2024, we had a historical net tangible book value of US$247,582, or US$0.014 per Ordinary Share. Our net tangible book value per share represents total tangible assets less total liabilities and deferred IPO costs, divided by the number of Class A Ordinary Shares outstanding on September30, 2024. The calculation in this section assumes that 17,750,000 Class A Ordinary Shares were issued and outstanding as of September30, 2024. After giving effect to the sale of Class A Ordinary Shares in this Offering at the assumed initial public offering price of US$4.00 per Ordinary Share (the proposed minimum offering price) and after deducting the underwriting discounts, non -accountableexpense allowance and other estimated offering expenses payable by us, our pro forma as adjusted net tangible book value at