优点互动美股招股说明书(2023-02-06版)

424B31idex-20220930x424b3.htm424B3 TableofContents PROSPECTUS FiledPursuanttoRule424(b)(3)RegistrationNo.333-269001 483,016,666Shares CommonStock Thisprospectusrelatestothedisposition,fromtimetotime,bythesellingstockholdersidentifiedinthisprospectusunderthecaption“SellingStockholders”onpage105ofupto483,016,666sharesofourcommonstock. Thesellingstockholdersortheirpermittedtransfereesorothersuccessors-in-interestmay,butarenotrequiredto,sellthesharesofourcommonstockofferedbythisprospectusfromtimetotimeinanumberofdifferentwaysandatvaryingpricesasdeterminedbytheprevailingmarketpriceforsharesorinnegotiatedtransactions.See“PlanofDistribution”onpage111foradescriptionofhowthesellingstockholdersmaydisposeofthesharescoveredbythisprospectus.Wedonotknowwhenorinwhatamountthesellingstockholdersmayofferthesharesforsale. Wearenotsellinganysharesofourcommonstockunderthisprospectusandwillnotreceiveanyproceedsfromthesaleofsharesofcommonstockbythesellingstockholders.Wehaveagreedtopaycertainexpensesrelatedtotheregistrationoftheofferandsaleofthesharesofcommonstockpursuanttotheregistrationstatementofwhichthisprospectusformsapart. WearenotaChineseoperatingcompanybutaNevadaoperatingcompanywiththemajorityofoperationsconductedbyoursubsidiariesestablishedinmultiplejurisdictionsincludingvariousstatesoftheUnitedStates,Italy,Spain,thePeople’sRepublicofChina(“PRC”or“China”),HongKongSpecialAdministrativeRegionofthePeople’sRepublicofChina(“HongKong”),Malaysia,andEnglandandWales.Suchacorporatestructureinvolvesuniqueriskstoinvestors.Therefore,investinginoursecuritiesbeingofferedpursuanttothisprospectusinvolvesuniqueandahighdegreeofrisk.Youshouldcarefullyreadandconsidertheriskfactorsbeginningonpage21ofthisprospectusand,inparticular,section“RisksRelatedtoDoingBusinessinChina”beginningonpage23beforeyoumakeyourinvestmentdecision.ThelegalandoperationalrisksassociatedwithoperatinginChinaalsoapplytoouroperationsinHongKong. InvestorsinoursecuritiesarenotpurchasingequityinterestsinanyofoursubsidiariesbutinsteadarepurchasingequityinterestsintheNevadacorporation.OurinvestorsmayneverholdequityinterestsintheChineseoperatingcompaniesorinanyotherofoursubsidiariesasaresultofthisoffering. OnDecember16,2021,thePublicCompanyAccountingOversightBoard(“PCAOB”)issueditsdeterminationthatthePCAOBisunabletoinspectorinvestigatecompletelyPCAOB-registeredpublicaccountingfirmsheadquarteredinmainlandChinaandinHongKong,becauseofpositionstakenbyPRCauthoritiesinthosejurisdictions,andthePCAOBincludedinthereportofitsdeterminationalistoftheaccountingfirmsthatareheadquarteredinmainlandChinaorHongKong.Thislistdoesnotincludeourauditor,Grassi&Co.,CPAs,P.C.Further,onJune22,2021,theU.S.SenatepassedtheAcceleratingHoldingForeignCompaniesAccountableAct(“AHFCAA”),which,ifsignedintolaw,wouldamendtheHoldingForeignCompaniesAccountableActandrequiretheSECtoprohibitanissuer’ssecuritiesfromtradingonanyU.S.stockexchangesifitsauditorisnotsubjecttoPCAOBinspectionsfortwoconsecutiveyearsinsteadofthreeconsecutiveyears.Ourauditor,Grassi&Co.,CPAs,P.C.,isbasedintheUnitedStates,hasbeeninspectedbythePCAOBonaregularbasis,withthelastinspectionconductedintheyear 2020,anditisnotsubjecttothedeterminationsannouncedbythePCAOBonDecember16,2021.Therefore,neithertheHoldingForeignCompaniesAccountableActandrelatedregulations,norAHFCAAaffectedusorareprojectedtoaffectus.OurprincipalexecutiveofficesarelocatedintheUnitedStatesandallofourexecutiveofficers,directors,andmembersofseniormanagementarelocatedoutsideofChinaorHongKonganddonothavetiestoChinaorHongKongthatnegativelyimpactourbusinessorthisoffering. 1 TableofContents Although(i)wehaveonlydirectownershipofouroperatingentities(includingHongKongandPRCoperatingentitiesownedaseitherwhollyforeign-ownedenterprisesorsino-jointventures)andwecurrentlydonothave,norweintendtohaveanycontractualarrangementtoestablishavariableinterestentity(“VIE”)structurewithanyentityand(ii)weareintheprocessofrestructuringourPRCoperations,totheextentwehavesubsidiaries,operations,orassetsinPRCandHongKong,wearestillsubjecttonumerouslegalandoperationalrisksassociatedwithoursubsidiariesinPRCandHongKongandasignificantportionofouroperationsinPRC.ChineseregulatoryauthoritiescoulddisallowthisstructureorimposemeasuresthatwouldmaketherestructuringofPRCoperationsanequivalentoflosingtheportionortheentiretyoftheassetsinPRC,whichwouldlikelyresultinamaterialchangeinouroperationsand/oramaterialchangeinthevalueofourCommonStock,includingthatitcouldcausethevalueofourCommonStocktosignificantlydeclineorbecomeworthless.Wedonot,however,believethatsuchriskscouldhinderourabilitytoofferorcontinuetooffersecuritiestoinvestorsinthisofferingorotherwise,becauseweareincorporatedinNevadaandnotinPRCandtheonlyportionofourbusinessandoperationspregnabletothedescribedrisksisourPRCoperations,andsuchoperationsarealreadyprojectedtobecurtailedinaccordancewiththedecisionofourBoardofDirectors.Pleasecarefullyreviewsectiontitled“ControlbytheChineseGovernment.PermissionorApprovalbytheChineseGovernment”onpage19ofthisprospectusandriskfactors“Chang