{"url_path":"/sec/yoov/10-k/2026/item-8","section_key":"item-8","section_title":"Item 8 FINANCIAL INFORMATION**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-12","source_url":"https://www.sec.gov/Archives/edgar/data/2001794/0001213900-26-054960-index.html","accession_number":"0001213900-26-054960","cik":"0002001794","ticker":"YOOV","issuer_name":"Concorde International Group Ltd.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2001794/0001213900-26-054960-index.html","primary_entity_key":"0002001794","primary_entity_name":"Concorde International Group Ltd."},"word_count":852,"has_tables":true,"body_markdown":"**ITEM\n8. FINANCIAL INFORMATION**\n\n \n\n**A.\nConsolidated Statements and Other Financial Information**\n\n \n\n**Financial\nStatements**\n\n \n\nWe\nhave appended consolidated financial statements filed as part of this annual report.\n\n \n\n**Legal\nProceedings**\n\n \n\n*Parthasarathy Krishnamoorthy\nv. Concorde International Group, Ltd., et al.*, Civil Action No. 1:26-cv-02283: On March 20, 2026, a purported securities\nclass action complaint was filed in the United States District Court for the Southern District of New York against the Company, certain\nof its current and/or former officers and directors, and certain third parties, including the Company’s independent registered public\naccounting firm and underwriters.\n\n \n\nThe complaint purports to\nassert claims under the U.S. federal securities laws on behalf of a putative class of investors who purchased or otherwise acquired the\nCompany’s securities during the alleged class period. The complaint seeks, among other things, unspecified damages, interest, attorneys’\nfees and other relief.\n\n \n\nThe deadline for investors\nto file motions seeking appointment as lead plaintiff is May 20, 2026. Under the current schedule, briefs in support of lead plaintiff\nmotions are required to be filed with the Court on May 20, 2026. If more than one motion is filed, opposition briefs are scheduled to\nbe filed on June 5, 2026. A hearing is currently scheduled for June 12, 2026, at which the Court will consider the appointment of the\nlead plaintiff or lead plaintiffs, as well as the selection of counsel to serve as lead counsel for the putative class.\n\n \n\nThe Company believes the\nclaims are without merit and intends to defend the matter vigorously. At this preliminary stage of the proceeding, the Company is unable\nto predict the outcome of the matter or reasonably estimate the possible loss or range of loss, if any. Accordingly, no provision has\nbeen recorded in the consolidated financial statements in respect of this matter.\n\n \n\n*Patrick Shane Johnson,\net al. v. Syla Technologies Co., Ltd., et al.* (New York County Sup. Ct. Index No. 153671/2026): On March 24,\n2026, Plaintiffs Patrick Shane Johnson, Jack Pena, and Hitesh Dev filed a putative civil class action complaint before the Supreme Court\nof the State of New York, New York County.  Plaintiffs, for themselves and others similarly situated, assert claims against approximately\n47 issuers (including the Company), as well as a large number of underwriters and individuals.  Although none of the named Plaintiffs\nare alleged to be current or former shareholders of the Company, Plaintiffs assert claims against the Company for violations of Sections\n11 and 12 of the Securities Act of 1933 arising from alleged material misrepresentations or omissions in the Company’s registration\nstatement or prospectus issued in connection with the Company’s initial public offering.  More specifically and similar to\nall of the named defendants-issuers, Plaintiffs allege that the Company purportedly failed to disclose that the Company’s shares\nwere susceptible to pump-and-dump schemes, which Plaintiffs allege purportedly occurred and which schemes were conducted by unknown individuals,\nof the defendants themselves.  The Company has not yet been formally served with the Summons and Complaint filed in the action. \nShould the case proceed, the Company believes the claims asserted against it are legally defective and without merit, and the Company\nintends to vigorously defend the action.\n\n \n\nFrom time to time, we may\nbe subject to legal, regulatory and/or administrative proceedings relating to third-party and principal intellectual property infringement\nclaims, contract disputes involving suppliers and customers, claims relating to data and privacy protection, employment-related disputes,\nunfair competition and other matters in the ordinary course of our business. As of the date of this annual report, other than the lawsuits\ndescribed above, we are not a party to any legal or administrative proceedings that we believe would have a material adverse effect on\nour business, financial condition, or results of operations.\n\n \n\n**Dividend\nPolicy**\n\n \n\nThe\nCompany is a holding company incorporated in the British Virgin Islands, and it relies principally on dividends from its Singapore subsidiaries\nfor its cash requirements, including any payment of dividends to its shareholders. Singapore regulations may restrict the ability of\nour Singapore subsidiaries to pay dividends to Concorde International.\n\n \n\nWe\nhave never declared or paid cash dividends on our Class A Ordinary Shares. We currently intend to retain all available funds and any\nfuture earnings for use in the operation of our business and do not anticipate paying any cash dividends on our Class A Ordinary Shares\nin the near future. We may also enter into credit agreements or other borrowing arrangements in the future that will restrict our ability\nto declare or pay cash dividends on our Class A Ordinary Shares. Any future determination to declare dividends will be made at the discretion\nof our board of directors and will depend on our financial condition, operating results, capital requirements, contractual restrictions,\ngeneral business conditions and other factors that our board of directors may deem relevant. See also “Item 3. Key Information—Risk\nFactors—Risks Relating to Our Class A Ordinary Shares—We do not expect to declare or pay dividends in the foreseeable future.”\n\n \n\n**B.\nSignificant Changes**\n\n \n\nExcept\nas otherwise disclosed in this annual report, we have not experienced any significant changes since the date of our audited consolidated\nfinancial statements included herein.\n\n \n\n68"}