Company: LDDD
Filing Date: 2025-09-26
Form Type: 10-K
Source: 0001213900-25-091988
Chunk: 126

Company: Longduoduo Co Ltd
Filing Date: 2025-09-26
Form: 10-K
Item: Item 1A
Chunk 126
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emptive rights, which will cause them to experience dilution if we issue additional securities. 

At
any time or times, we may issue and sell additional shares of our authorized but previously unissued shares of common stock, preferred
stock, or common stock warrants on such terms and conditions as our Board of Directors, in its sole discretion, may determine without
consent of our shareholders. Our shareholders do not have pre-emptive rights to acquire additional shares should we in the future issue
or sell additional securities. Thus, we are not required to offer any existing shareholder the right to purchase his or her pro rata
portion of any future issuance of securities and, therefore, upon the issuance of any additional securities by us hereafter, our shareholders
will not be able to maintain their then existing pro rata ownership in our outstanding shares of common stock, preferred stock, or common
stock warrants without additional purchases of securities at the price then set internally by us.

We
are unlikely to pay cash dividends in the foreseeable future. 

We
currently intend to retain any future earnings for use in the operation and expansion of our business. We do not expect to pay any cash
dividends in the foreseeable future but will review this policy as circumstances dictate. Should we decide in the future to do so, as
a holding company, our ability to pay dividends and meet other obligations depends upon the receipt of dividends or other payments from
our operating subsidiaries. In addition, our operating subsidiaries, from time to time, may be subject to restrictions on their ability
to make distributions to us, including as a result of restrictions on the conversion of local currency into U.S. dollars or other hard
currency and other regulatory restrictions.

Our
insiders own the majority of the outstanding shares of our stock, and accordingly, will have control over stockholder matters, the Company’s
business and management.

One
shareholder, Zhang Liang, owns, in aggregate, common stock representing 51.30% of the outstanding shares of our common stock. While he
continues to hold the majority of the voting power in our Company, he will have effective control over the Company. In particular, he
will have the ability to:

●Elect
or defeat the election of our directors;

●Prevent
amendment of our articles of incorporation or bylaws;

●Prevent
a merger, sale of assets or other corporate transaction; and

●Affect
the outcome of any other matter submitted to the shareholders for vote