e家快服美股招股说明书(2022-09-19版)

424B51ea165910-424b5ehome.htmPROSPECTUSSUPPLEMENT FiledPursuanttoRule424(b)(5)RegistrationNo.333-259464 PROSPECTUSSUPPLEMENT (ToProspectusdatedJune21,2022) E-HOMEHOUSEHOLDSERVICEHOLDINGSLIMITED UptoanaggregateofferingamountofUS$12,300,000OrdinaryShares Thisprospectusrelatestotheofferandsale,fromtimetotime,uptoanaggregateofferingamountofUS$12,300,000ofourOrdinaryShares,US$0.0001parvaluepershare,plusanaggregateof1,329,729ofOrdinaryShares(the“CommitmentShares”)toWhiteLionCapitalLLC,aNevadalimitedliabilitycompany(“WhiteLion”,orthe“Investor”)pursuanttoanOrdinarySharePurchaseAgreement(the“PurchaseAgreement”).WhiteLionisan“underwriter”withinthemeaningofSection2(a)(11)oftheSecuritiesActof1933,asamended,ortheSecuritiesAct. OnSeptember14,2022,weenteredintothePurchaseAgreementwiththeInvestorpursuanttowhichwemayrequiretheInvestortopurchaseuptoanaggregateofferingamountofUS$12,300,000(“CommitmentAmount”)ofourOrdinaryShares,US$0.0001parvaluepershare,overaperiodfromthedateofthePurchaseAgreementuntil(i)thedateonwhichtheInvestorshallhavepurchasedanaggregateamountofourOrdinarySharesthatequaltotheCommitmentAmount,or(ii)October31,2022(“CommitmentPeriod”),subjecttotheterminationofthePurchaseAgreement.Inaddition,weagreedtoissueanaggregateof1,329,729OrdinarySharestotheInvestorascommitmentshares. ThePurchaseAgreementprovidesthat,uponthetermsandsubjecttotheconditionsandlimitationssetforthinthePurchaseAgreement,wehaveright,fromtimetotime,inoursolediscretion,todelivertotheInvestorapurchasenotice(the“PurchaseNotice”)directingtheInvestortopurchaseaspecifiedamountofpurchasenoticeshares.Seethesectionentitled“DescriptionofSecuritiesWeAreOffering”onpageS-11. OurOrdinarySharesarelistedontheNasdaqCapitalMarketunderthesymbol“EJH”.PursuanttoGeneralInstructionI.B.5.ofFormF-3,innoeventwillwesellthesecuritiescoveredherebyinapublicprimaryofferingwithavalueexceedingmorethanone-thirdoftheaggregatemarketvalueofourOrdinarySharesheldbynon-affiliatesinany12-monthperiodsolongastheaggregatemarketvalueofourissuedandoutstandingordinarysharesheldbynon-affiliatesremainsbelowUS$75,000,000.Asofthedateofthisprospectus,theaggregatemarketvalueofouroutstandingvotingandnon-votingcommonequityheldbynon-affiliateswasapproximately$12.5millionbasedon109,042,123sharesofouroutstandingOrdinaryShares,ofwhichapproximately96,228,089wereheldbynon-affiliates,andthelastreportedsalepriceofourOrdinarySharesofUS$0.39perOrdinarySharesonAugust4,2022.Duringthe12calendarmonthspriortoandincludingthedateofthisprospectus,wehavenotofferedorsoldanysecuritiespursuanttoGeneralInstructionI.B.5.ofFormF-3. Wearean“emerginggrowthcompany”asdefinedunderapplicableU.S.securitieslawsandareeligibleforreducedpubliccompanyreportingrequirements. InvestinginourOrdinarySharesinvolvesahighdegreeofrisk,includingtheriskoflosingyourentireinvestment.See“RiskFactors”beginningonpageS-8andthe“RiskFactors”intheaccompanyingprospectustoreadaboutfactorsyoushouldconsiderbeforepurchasingourOrdinaryShares. INVESTORSPURCHASINGSECURITIESINTHISOFFERINGAREPURCHASINGSECURITIESOFE-HOME,ACAYMANISLANDSHOLDINGCOMPANY,RATHERTHANSECURITIESOFE-HOME’SSUBSIDIARIESTHATCONDUCTSUBSTANTIVEBUSINESSOPERATIONSINCHINA. E-HomeisnotanoperatingcompanybutratheraholdingcompanyincorporatedintheCaymanIslands.BecauseE-Homehasnooperationsofitsown,weconductallofourbusinessinHongKongandmainlandChina(whichisalsoreferredtoas“PRC,”andforthepurposeofthisprospectus,excludingTaiwanandthespecialadministrativeregionsofHongKongandMacau)throughE-Home’ssubsidiaries,particularly,E-Home(Pingtan)HomeServiceCo.,Ltd.andFuzhouBangchangTechnologyCo.Ltd.,andtheirrespectiveChinesesubsidiaries.See“ProspectusSupplementSummary –CorporateOverview”. ThisstructureinvolvesuniqueriskstoinvestorsandyoumayneverdirectlyholdequityinterestsinE-Home’sChineseoperatingentities.YouarespecificallycautionedthattherearesignificantlegalandoperationalrisksassociatedwithhavingsubstantiallyallofourbusinessoperationsinChina,includingthatchangesinthelegal,politicalandeconomicpoliciesoftheChinesegovernment,therelationsbetweenChinaandtheUnitedStates,orChineseorUnitedStatesregulationsmaymateriallyandadverselyaffectourbusiness,financialcondition,resultsofoperationsandthemarketpriceofE-Homesecurities.Moreover,theChinesegovernmentmayexercisesignificantoversightanddiscretionovertheconductofourbusinessandmayinterveneinorinfluencethePRCsubsidiaries’operationsinChinaatanytime.RecentstatementsbytheChinesegovernmentindicateanintenttoexertmoreoversightandmorecontroloverofferingsconductedoverseasand/orforeigninvestmentinChina-basedissuers.AnysuchactionsbytheChinesegovernmentcouldsignificantlylimitorcompletelyhinderE-Home’sabilitytoofferorcontinuetoofferitssecuritiestoinvestorsandcausethevalueofthesecuritiesbeingregisteredherebytosignificantlydeclineorbecomeworthless.AlthoughwebelieveouroperatingstructureislegalandpermissibleundertheChineselawandregulationscurrentlyineffect,Chineseregulatoryauthoritiescouldtakeadifferentpositionontheinterpretationandenforcementoflawsandregulationsanddisallowourholdingcompanystructu