羚羊企业控股美股招股说明书(2023-02-16版)

424B41tm237053d1_424b4.htm424B4 FiledPursuanttoRule424(b)(4)RegistrationNo.333-269618 PROSPECTUS 1,833,334issuableuponexerciseofoutstandingwarrantssoldinprivateplacements,offeredbytheSellingShareholders of AntelopeEnterpriseHoldings,Ltd. Thisprospectusrelatestotheofferandsaleofupto1,666,667ordinaryshares,parvalue$0.024each,issuableupontheexerciseofcertainwarrantsatanexercisepriceof$0.80pershare(the“InvestorWarrants”)and166,667ordinarysharesissuableupontheexerciseofcertainwarrantsatanexercisepriceof$0.75pershare(the“PlacementAgentWarrants”,togetherwiththeInvestorWarrants,the“Warrants”).OurordinarysharesareissuableuponexerciseofthesewarrantswhicharecurrentlyheldbycertainSellingShareholdersnamedinthisprospectus.WeissuedtheWarrantsinconnectionwiththepublicofferingof1,666,667ordinarysharespursuanttotheprospectussupplementtotheregistrationstatementontheF-3(FileNo.333-260958),datedSeptember30,2022.ThesharesissuableuponexerciseofsuchWarrantsmaybeofferedforsalefromtimetotimebytheSellingShareholders.Wewillreceiveproceedsfromanyexercisesoftheabovewarrants,butnotfromthesaleoftheunderlyingordinaryshares. TheSellingShareholdersmaysellanyorallofthesharesonanystockexchange,marketortradingfacilityonwhichtheSharesaretradedorinprivatelynegotiatedtransactionsatfixedpricesthatmaybechanged,atmarketpricesprevailingatthetimeofsaleoratnegotiatedprices.InformationontheSellingShareholdersandthetimesandmannersinwhichtheymayofferandselloursharesisdescribedunderthesectionsentitled“SellingShareholders”and“PlanofDistribution”inthisprospectus.Whilewewillbearallcosts,expensesandfeesinconnectionwiththeregistrationoftheShares,wewillnotreceiveanyoftheproceedsfromthesaleofoursharesbytheSellingShareholders. ThePCAOBannouncedonDecember16,2021thatithaddeterminedthatitwasunabletoinspectorinvestigatecompletelyCenturionZDCPA&Co.,whichauditedtheCompany’sfinancialstatementsincludedinourAnnualReportonForm20-FforyearendedDecember31,2021.OnMay9,2022,theSECprovisionallyidentifiedtheCompanyasaCommission-IdentifiedIssuerontheSEC’swebsiteatwww.sec.gov/HFCAA.ThatprovisionalidentificationbecamefinalonMay31,2022.TheHoldingForeignCompaniesAccountableAct(HFCAA)statesthatiftheSECdeterminesthatwehavefiledauditreportsissuedbyaregisteredpublicaccountingfirmthathasnotbeensubjecttoinspectionbythePCAOBforthreeconsecutiveyearsbeginningin2021,theSECshallprohibitoursharesfrombeingtradedonanationalsecuritiesexchangeorintheoverthecountertradingmarketintheUnitedStates.OnJune22,2021,theU.S.SenatepassedtheAcceleratingHoldingForeignCompaniesAccountableAct(the“AHFCAA”),andifitwereenacted,wouldrequireforeigncompaniestocomplywiththePCAOBauditswithintwoconsecutiveyearsinsteadofthreeconsecutiveyears,whichwouldreducethetimebeforeoursecuritiesmaybeprohibitedfromtradingorbedelisted.OnDecember29,2022,alegislationentitled“ConsolidatedAppropriationsAct,2023”(the“ConsolidatedAppropriationsAct”),wassignedintolawbyPresidentBiden.TheConsolidatedAppropriationsActcontained,amongotherthings,anidenticalprovisiontoAHFCAA,whichreducesthenumberofconsecutivenon-inspectionyearsrequiredfortriggeringtheprohibitionsundertheHFCAActfromthreeyearstotwo. OnAugust26,2022,theChinaSecuritiesRegulatoryCommission,theMinistryofFinanceofthePRC(the“MOF”),andthePCAOBsignedaStatementofProtocol(the“Protocol”),governinginspectionsandinvestigationsofauditfirmsbasedinmainlandChinaandHongKong,takingthefirststeptowardopeningaccessforthePCAOBtoinspectandinvestigateregisteredpublicaccountingfirmsheadquarteredinmainlandChinaandHongKong.PursuanttothefactsheetwithrespecttotheProtocoldisclosedbytheU.S.SecuritiesandExchangeCommission(the“SEC”),thePCAOBshallhaveindependentdiscretiontoselectanyissuerauditsforinspectionorinvestigation andhastheunfetteredabilitytotransferinformationtotheSEC.OnDecember15,2022,thePCAOBBoarddeterminedthatthePCAOBwasabletosecurecompleteaccesstoinspectandinvestigateregisteredpublicaccountingfirmsheadquarteredinmainlandChinaandHongKongandvotedtovacateitspreviousdeterminationstothecontrary.However,shouldPRCauthoritiesobstructorotherwisefailtofacilitatethePCAOB’saccessinthefuture,thePCAOBBoardwillconsidertheneedtoissueanewdetermination.IntheeventitislaterdeterminedthatthePCAOBisunabletoinspectorinvestigatecompletelyourauditor,thensuchlackofinspectioncouldcausetradinginoursecuritiestobeprohibitedundertheHFCAAct,andultimatelyresultinadeterminationbyasecuritiesexchangetodelistoursecurities. 2 OursharesarecurrentlytradedontheNasdaqStockMarketunderthesymbol“AEHL”.OnFebruary15,2023,theclosingpriceforoursharesonNasdaqwas$0.85pershare. AsofFebruary2,2023,theaggregatemarketvalueofthevotingandnon-votingcommonequityheldbynon-affiliates,computedbyreferencetothepriceatwhichthecommonequitywaslastsoldonFebruary2,2023at$1.09,was$8,057,019.49,basedon13,060,650outstandingordinarysharesasofsuchdate,ofwhich7,351,867wereheldbynon-affiliates.PursuanttoGeneralInstructionI.B.5ofFormF-3,innoeventwillwesellsecuritiesinapublicprimaryofferingwithavalueexceedingmorethanone-thirdofourpublicfloatinany12-monthperiodsolongasourpublicfloatrema