Company: JWEL
Filing Date: 2025-08-26
Form Type: F-3
Source: 0001213900-25-080759
Chunk: 28

Company: Jowell Global Ltd.
Filing Date: 2025-08-26
Form: F-3
Chunk 28
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 Ltd.                                                                                                                                                                                                       |
| Securities We May Offer | We may offer up to $118,900,000 in aggregate amount of our ordinary shares and preferred shares, warrants, rights, either individually or in units.                                                                      |
| Use of Proceeds         | We will use the net proceeds from the sale of our securities for general corporate purposes.                                                                                                                             |
| Risk Factors            | See “Risk Factors” on page 9 and other information we include or incorporate by reference in this prospectus for a discussion of factors you should carefully consider before deciding to invest in our ordinary shares. |
| NASDAQ Market Symbol    | JWEL                                                                                                                                                                                                                     |

<div align='center'>8

RISK FACTORS</div>

Investing in our
securities involves a high degree of risk. You should carefully consider the risk factors set forth under “Risk Factors”
described in our most recent annual report on Form 20-F for the year ended December 31, 2024 (“2024 Annual Report”), filed on May 9, 2025, as supplemented and updated by subsequent
current reports on Form 6-K that we have filed with the SEC, together with all other information contained or incorporated by
reference in this prospectus and any applicable prospectus supplement and in any related free writing prospectus in connection with
a specific offering, before making an investment decision. Each of the risk factors could materially and adversely affect our
business, operating results, financial condition and prospects, as well as the value of an investment in our securities, and the
occurrence of any of these risks might cause you to lose all or part of your investment.

Future sales or other dilution of our equity could depress the market price of our ordinary shares.

Sales of our ordinary shares,
preferred shares, warrants, rights, units or any combination of the foregoing in the public market, or the perception that such sales
could occur, could negatively impact the price of our ordinary shares. If one or more of our shareholders were to sell large portions
of their holdings in a relatively short time, for liquidity or other reasons, the prevailing market price of our ordinary shares could
be negatively affected.

In addition, the issuance
of additional shares of our ordinary shares, securities convertible into or exercisable for our ordinary shares, other equity-linked securities,
including preferred shares, warrants, rights or any combination of the securities pursuant to this prospectus will dilute the ownership
interest of our shareholders and could depress the market price of our ordinary shares and impair our ability