Company: XXC
Filing Date: 2025-09-08
Form Type: F-1/A
Source: 0001213900-25-085500
Chunk: 246

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-08
Form: F-1/A
Chunk 246
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of-pocketaccountable expenses are not actually incurred in accordance with FINRA Rule 5110(g)(4)(A). In addition, we have agreed to pay $100,000 to the Representatives for their non -accountableexpenses at the closing of this offering. Underwriter Warrants We have agreed to issue warrants to the Representatives to purchase a number of ordinary shares equal to 6% of the total number of shares sold in this offering at an exercise price equal to 125% of the public offering price of the shares sold in this offering. These warrants will have a cashless exercise provision and will be exercisable at any time and from time to time, in whole or in part during the four -andhalf -yearperiod commencing six months from the commencement of sales of this offering. The underwriters’ warrants and the underlying shares may be deemed to be compensation by FINRA, and therefore will be subject to FINRA Rule 5110(e)(1). In accordance with FINRA Rule 5110(e)(1), neither the underwriters’ warrants nor any of our shares issued upon exercise of the underwriters’ warrants may be sold, transferred, assigned, pledged or hypothecated, or be the subject of any hedging, short sale, derivative, put or call transaction that would result in the effective economic disposition of such securities by any person, for a period of 180 days immediately following the date of effectiveness or commencement of sales of the offering pursuant to which the underwriters warrants are being issued, subject to certain exceptions. In addition, these warrants will not be exercisable for more than five years from the commencement of sales of this offering pursuant to FINRA Rule 5110(g)(8)(A). These warrants do not contain anti -dilutionterms that allow the Representatives to receive more shares or to exercise at a lower price than originally agreed upon at the time of this offering, when the public shareholders have not been proportionally affected by a stock split, stock dividend, or other similar event. Nor do these warrants include any anti -dilutionterms that allow the Representatives to receive or accrue cash dividends prior to the exercise of the warrants. With respect to ordinary shares underlying the underwriter’s warrants, we have also agreed to grant the Representatives a one -timedemand registration right at our expense with a duration of no more than five years from the commencement of sales of this offering and unlimited “piggyback” registration rights with duration of no more than seven years from the commencement of sales of this offering