{"url_path":"/sec/gibow/10-k/2026/item-12","section_key":"item-12","section_title":"Item 12 DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/2034520/0001493152-26-023628-index.html","accession_number":"0001493152-26-023628","cik":"0002034520","ticker":"GIBO","issuer_name":"GIBO HOLDINGS Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/2034520/0001493152-26-023628-index.html","primary_entity_key":"0002034520","primary_entity_name":"GIBO HOLDINGS Ltd"},"word_count":134,"has_tables":true,"body_markdown":"** **\n\n**ITEM\n12. DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES**\n\n \n\n**A.\nDebt Securities**\n\n \n\nNot\napplicable.\n\n \n\n**B.\nWarrants and Rights**\n\n \n\nThere\nwere 2,874,991 Warrants outstanding as of May 10, 2026. Our Warrants to purchase an aggregate of 2,874,991 Class A Ordinary Shares are\nexercisable commencing June 8, 2025, being 30 days after the completion of the Business Combination, and terminating on May 8, 2030,\nbeing five years after the completion of the Business Combination. After giving effect to the Share Consolidation effective on August\n20, 2025, each Warrant entitles the holder thereof to purchase one Class A Ordinary Share at a price of $2,300.0 per whole share. The\nWarrants may be exercised only for a whole number of our Class A Ordinary Shares.\n\n \n\n**C.\nOther Securities**\n\n \n\nNot\napplicable.\n\n \n\n**D.\nAmerican Depositary Shares**\n\n \n\nNot\napplicable.\n\n \n\n**PART\nII**"}