As filed with the Securities
and Exchange Commission on November 10, 2025
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
PING AN BIOMEDICAL CO., LTD.
(Exact name of registrant as specified in its charter)
| Cayman Islands |
|
N/A |
(State or other jurisdiction of
incorporation or organization) |
|
(I.R.S. Employer
Identification No.) |
22/F, China United Plaza, 1002-1008, Tai Nan
West Street,
Cheung Sha Wan, Kowloon, Hong Kong
(Address of Principal Executive Offices)
PING AN BIOMEDICAL CO., LTD.
2025 STOCK INCENTIVE PLAN
(Full title of the plan)
Cogency Global Inc.
122 East 42nd Street, 18th Floor
New York, NY 10168
(212) 947-7200
(Name, address, including zip code, and telephone
number, including area code, of agent for service)
Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company.
See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,”
and “emerging growth company” in Rule 12b-2 of the Exchange Act.
| Large accelerated filer ☐ |
Accelerated filer ☐ |
| Non-accelerated filer ☒ |
Smaller reporting company ☒ |
| |
Emerging growth company ☒ |
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐
EXPLANATORY NOTE
This registration statement on Form S-8 (this
“Registration Statement”) is filed by Ping An Biomedical Co., Ltd. (the “Company”) or the “Registrant”)
to register 4,050,000 ordinary shares, at par value US$0.0000625 per share (the “Ordinary Shares”), that may be issued under
the Company’s 2025 Stock Incentive Plan.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
ITEM 1. PLAN INFORMATION*
ITEM 2. REGISTRANT INFORMATION AND EMPLOYEE
PLAN ANNUAL INFORMATION*
| * |
Information required by Part I to be contained in the Section 10(a) prospectus is omitted from this Registration Statement in accordance with Rule 428 under the Securities Act and the Note to Part I of Form S-8. The documents containing information specified in this Part I will be separately provided to the participants in the 2025 Stock Incentive Plan covered by this Registration Statement, as specified by Rule 428(b)(1) under the Securities Act. |
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE
The following documents previously
filed by the Registrant with the Securities and Exchange Commission (the “Commission”) are incorporated herein by reference.
| |
(a) |
the description of the Registrant’s Ordinary Shares incorporated by reference in the Registrant’s registration statement on Form 8-A (File No. 001-42155) filed with the Commission on July 15, 2025, including any amendment and report subsequently filed for the purpose of updating that description. |
| |
(b) |
the Registrant’s Report of Foreign Private Issuer on Form 6-K furnished to the SEC on July 24, 2025, July 29, 2025, September 3, 2025, September 15, 2025, September 26, 2025, September 29, 2025 and October 14, 2025. |
All documents subsequently
filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, after the date of this Registration Statement
and prior to the filing of a post-effective amendment to this Registration Statement which indicates that all securities offered have
been sold, or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be
a part hereof from the date of filing of such documents.
Any statement contained in
a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of
this Registration Statement to the extent that a statement contained herein, or in any other subsequently filed document which also is
incorporated or deemed to be incorporated by reference herein, modifies or supersedes such statement. Any such statement so modified or
superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
ITEM 4. DESCRIPTION OF SECURITIES
Not applicable.
ITEM 5. INTEREST OF NAMED EXPERTS AND COUNSEL
Not applicable.
ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS
The Companies Act of the
Cayman Islands does not limit the extent to which a company’s memorandum and articles of association may provide for indemnification
of officers and directors, except to the extent any such provision may be held by the Cayman Islands courts to be contrary to public policy,
such as to provide indemnification against civil fraud or the consequences of committing a crime. The Registrant’s amended and restated
memorandum and articles of association provide that that it shall indemnify its existing or former directors (including alternate director),
secretary and officers (including an investment adviser or an administrator or liquidator), and their personal representatives, against
all actions, proceedings, costs, charges, expenses, losses, damages or liabilities incurred or sustained by such persons, other than by
reason of such person’s dishonesty, willful default or fraud, in or about the conduct of the Registrant’s business or affairs
or in the execution or discharge of his duties, powers, authorities or discretions, including without prejudice to the generality of the
foregoing, any costs, expenses, losses or liabilities incurred by such existing or former director (including alternate director), secretary
or officer in defending (whether successfully or otherwise) any civil, criminal, administrative or investigative proceedings (whether
threatened, pending or completed) concerning the Registrant or its affairs in any court or tribunal, whether in the Cayman Islands or
elsewhere.
In addition, the Registrant
has entered into indemnification agreements with its directors and executive officers that provide such persons with additional indemnification
beyond that provided in the Registrant’s amended and restated memorandum and articles of association.
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED
Not applicable.
ITEM 8. EXHIBITS
EXHIBIT INDEX
Exhibit
Number |
|
Description of Exhibit |
| 4.1 |
|
The Amended and Restated Memorandum and Articles of Association of the Registrant (incorporated herein by reference to Exhibit 3.2 to the registration statement on Form F-1 (File No. 333-282499), initially filed with the SEC on October 4, 2024) |
| 4.2 |
|
Registrant’s Specimen Certificate for Ordinary Shares (incorporated herein by reference to Exhibit 4.1 to the registration statement on Form F-1 (File No. 333-282499), as amended, initially filed with the SEC on October 4, 2024) |
| 5.1 |
|
Opinion of Ogier, Cayman Islands counsel to the Registrant, regarding the validity of the ordinary shares being registered |
| 10.1 |
|
2025 Stock Incentive Plan |
| 23.1 |
|
Consent of Independent Registered Public Accounting Firm (WWC, P.C.) |
| 23.2 |
|
Consent of Ogier (included in Exhibit 5.1) |
| 24.1 |
|
Power of Attorney (included on the signature page to this Registration Statement) |
| 107 |
|
Filing Fee Table (filed herewith) |
ITEM 9. UNDERTAKINGS
| (a) |
The undersigned Registrant hereby undertakes: |
| (1) | To
file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement: |
| (i) | to
include any prospectus required by Section 10(a)(3) of the Securities Act; |
| (ii) | to
reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration
Statement; and |
| (iii) | to
include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any
material change to such information in the Registration Statement; |
provided, however, that
paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs
is contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of
the Exchange Act that are incorporated by reference in the Registration Statement.
| (2) | That,
for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to
be the initial bona fide offering thereof. |
| (3) | To
remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination
of the offering. |
| (b) |
The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant’s annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan’s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. |
| (c) |
Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue. |
SIGNATURES
Pursuant to the requirements
of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized,
in Hong Kong, on November 10, 2025.
| |
Ping An Biomedical Co., Ltd. |
| |
|
|
| |
By: |
/s/ Pijun Liu |
| |
Name: |
Pijun Liu |
| |
Title: |
Chairman of the Board of Directors, Chief Executive Officer and Executive Director |
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE
PRESENTS, that each person whose signature appears below constitutes and appoints Wai Lau as his or her true and lawful attorney-in-fact
and agent, with full power of substitution and re-substitution, for him or her and in his or her name, place and stead, in any and all
capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement, and to file the same,
with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said
attorney-in-fact and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done
in connection therewith and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby
ratifying and confirming all that said attorney-in-fact and agent, or his or her substitute or substitutes, may lawfully do or cause to
be done by virtue hereof.
Pursuant to the requirements
of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities set forth below
on November 10, 2025.
| Signature |
|
Title |
| |
|
|
| /s/ Pijun Liu |
|
Chairman of the Board of Directors, Chief Executive Officer and Executive Director |
| Pijun Liu |
|
| |
|
|
| /s/ Hongli Yang |
|
Chief Financial Officer |
| Hongli Yang |
|
|
| |
|
|
| /s/ Qingxian Liu |
|
Independent Director |
| Qingxian Liu |
|
|
| |
|
|
| /s/ Jifeng Gao |
|
Independent Director |
| Jifeng Gao |
|
|
| |
|
|
| /s/ Xianzhi Liu |
|
Independent Director |
| Xianzhi Liu |
|
|
| |
|
|
SIGNATURE OF AUTHORIZED
REPRESENTATIVE IN THE UNITED STATES
Pursuant
to the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of Intelligent Group Limited,
has signed this registration statement or amendment thereto in New York on November 10, 2025.
| |
Cogency Global Inc. |
| |
Authorized U.S. Representative |
| |
|
|
| |
By: |
/s/ Colleen A. De Vries |
| |
Name: |
Colleen A. De Vries |
| |
Title: |
Senior Vice-President on behalf of Cogency Global Inc. |