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ICZOOM Filed the 20-F Amendment to Revise Certain Legal Risk Disclosures
HONG KONG, April 29, 2024 /PRNewswire/ -- ICZOOM Group Inc. (Nasdaq: IZM) (the "Company" or "ICZOOM") today filed an amendment to its Annual Report on 20-F
About this update from Iczoom Group Inc.
[{"type":"text","content":"HONG KONG, April 29, 2024 /PRNewswire/ -- ICZOOM Group Inc. (Nasdaq: IZM) (the \"Company\" or \"ICZOOM\") today filed an amendment to its Annual Report on 20-F for the fiscal year ended June 30, 2023 (the \"Original Form 20-F\"), solely for the purposes to revise certain disclosures regarding the legal and operational risks in China and PRC regulations.\n\n \n \n \n \n \n \n\n \nThe amendment to the Original Form 20-F (the \"Form 20-F/A\") did not modify or update in any way disclosures made in the Original Form 20-F with respect to the Company's business or operations, financial results, financial statements or others, except for solely the revisions of certain disclosures of risk factors in connection with doing business in China. The Form 20-F/A reflects information as of the original filing date of the Original Form 20-F, October 31, 2023, and does not reflect events occurring after that date.\nThe Company continues to maintain transparency and compliance with applicable disclosures requirements.\nThis press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.\nAbout ICZOOM Group Inc.\nICZOOM Group Inc. (Nasdaq: IZM) is primarily engaged in sales of electronic component products to customers in Hong Kong and mainland China through its B2B e-commerce platform. These products are primarily used by China based small and medium-sized enterprises (\"SMEs\") in the consumer electronic industry, Internet of Things (\"IoT\"), automotive electronics and industry control segments. By utilizing latest technologies, the Company's platform collects, optimizes and presents product offering information from suppliers of all sizes, all transparent and available to its SME customers to compare and select. In addition to the sales of electronic component products, the Company also provides services to customers such as temporary warehousing, logistic and shipping, and customs clearance. For more information, please visit the Company's website: http://ir.iczoomex.com/index.html. \nForward-Looking Statements\nCertain statements in this announcement are forward-lo...