Summary by Futu AI
ESGL Holdings Limited has submitted Amendment No. 4 to its Registration Statement on Form F-1 to the U.S. Securities and Exchange Commission (SEC) in response to comments from the SEC staff. The amendment, filed on February 2, 2024, addresses concerns raised by the SEC regarding overly broad assumptions in the company's previously filed Amendment No. 3. The SEC's comments, dated January 26, 2024, specifically questioned assumptions related to the legality opinion of the company's share issuance. ESGL Holdings has now filed an updated legal opinion and provided additional explanations to justify the appropriateness of certain assumptions. The company has also updated its executive compensation disclosure for the fiscal year ended December 31, 2023, as requested by the SEC. The correspondence indicates that ESGL Holdings is actively engaging with the SEC to ensure compliance and transparency in its registration process.