Company: ILAG
Filing Date: 2025-02-25
Form Type: 424B5
Source: 0001493152-25-008217
Chunk: 16

Company: Intelligent Living Application Group Inc.
Filing Date: 2025-02-25
Form: 424B5
Chunk 16
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 times been unrelated to the operating performance of the issuer. The broad market fluctuations may adversely affect the trading price or liquidity of our Ordinary Shares. In the past, when the market price of a stock has been volatile, holders of that stock have sometimes instituted securities class action litigation against the issuer. If any of our stockholders were to bring such a lawsuit against us, we could incur substantial costs defending the lawsuit and the attention of our management would be diverted from the operation of our business.

We do not intend to pay dividends on our Ordinary Shares, so any returns will be limited to the value of our Ordinary Shares.

We currently anticipate that we will retain any future earnings to finance the continued development, operation and expansion of our business. As a result, we do not anticipate declaring or paying any cash dividends or other distributions in the foreseeable future. If we do not pay dividends, our Ordinary Shares may be less valuable because stockholders must rely on sales of their Ordinary Shares after price appreciation, which may never occur, to realize any gains on their investment.

The sale of our Ordinary Shares in this offering and any future sales of our Ordinary Shares, or the perception that such sales could occur, may depress our stock price and our ability to raise funds in new stock offerings.

We may from time to time issue additional shares of Ordinary Shares at a discount from the current trading price of our Ordinary Shares. As a result, our stockholders would experience immediate dilution upon the purchase of any shares of our Ordinary Shares sold at such discount. In addition, as opportunities present themselves, we may enter into financing or similar arrangements in the future, including the issuance of debt securities, preferred stock or Ordinary Shares. Sales of Ordinary Shares in this offering and the public market following this offering, or the perception that such sales could occur, may lower the market price of our Ordinary Shares and may make it more difficult for us to sell equity securities or equity-related securities in the future at a time and price that our management deems acceptable, or at all.

This is a reasonable best efforts offering, in which no minimum number or dollar amount of securities is required to be sold, and we may not raise the amount of capital we believe is required for our business plans.

The Placement Agent has agreed to use its reasonable best efforts to solicit offers to purchase the securities in this offering. The Placement Agent has no obligation to buy any of the securities from us or to arrange for the purchase or sale of any specific number or dollar amount of the securities. There is no required minimum number of securities that