EX-FILING FEES 5 ff12022a13ex-fee_iczoom.htm FILING FEE TABLE

Exhibit 107

 

Calculation of Filing Fee Tables

 

FORM F-1
(Form Type)

 

ICZOOM GROUP INC.
(Exact Name of Registrant as Specified in its Charter)

 

N/A

(Translation of Registrant’s Name into English)

 

Table 1: Newly Registered and Carry Forward Securities

 

   Security Type  Security
Class
Title
  Fee
Calculation
or Carry
Forward Rule
   Amount
Registered
   Proposed
Maximum
Offering Price
Per Share
   Maximum
Aggregate
Offering Price
   Fee Rate   Amount of
Registration Fee
   Carry
Forward
Form Type
   Carry
Forward
File Number
   Carry
Forward
Initial
effective date
   Filing Fee
Previously Paid
In Connection
with Unsold
Securities
to be Carried
Forward
 
Newly Registered Securities
Fees to Be Paid  -  -   -    -    -    -    -    -    -    -    -    - 
                                                         
Fees Previously Paid(3)(4)  Equity  Ordinary Shares, par value $0.18 per share(1)   457(a)   450,000   $5.0   $2,250,000    0.00011020   $247.95                     
   Equity  Underwriters’ compensation warrants(2)   457(g)   27,000    -    -    -    -                     
   Equity  Class A Ordinary Shares underlying underwriter’s warrants   457(g)   27,000   $6.25   $168,750    0.00011020   $18.60                     
   Equity  Ordinary Shares, par value $0.18 per share(1)   457(a)   3,000,000   $5.0   $15,000,000    0.0000927   $1,390.50                     
   Equity  Underwriters’ compensation warrants(2)   457(g)   180,000    -    -    -    -                     
   Equity  Class A Ordinary Shares underlying underwriter’s warrants   457(g)   180,000   $6.25   $1,125,000    0.0000927   $104.29                     
   Total Offering Amounts                 $18,543,750        $1,761.34                     
   Total Fees Previously Paid                           $1,761.341                     
   Total Fee Offsets                            -                     
   Net Fee Due                            0                     

 

(1)Represents a total of 3,000,000 Class A Ordinary Shares, par value $0.16 per share (each, a “Class A Ordinary Share”, collectively, “Class A Ordinary Shares”) issued in this offering and up to 450,000 additional Class A Ordinary Shares, equal to 15% of the total number of the Class A Ordinary Shares that the underwriters have the option to purchase to cover over-allotments, if any. See “Underwriting.”.

 

(2) We have agreed to issue upon the closing of this Offering, compensation warrants to The Benchmark Company, LLC (“Benchmark”), as representatives of the underwriters, entitling them to purchase up to 6% of the aggregate Shares being sold in this Offering. The exercise price of the compensation warrants is equal to 125% of the offering price of the Class A Ordinary Shares offered hereby. Assuming a maximum placement and an exercise price of $6.25 per Share, we would receive, in the aggregate, $1,293,750 upon exercise of the compensation warrants (including up to $168,750 to be received upon the exercise of the over-allotment options by the underwriters), of which there can be no guarantee. The compensation warrants are exercisable commencing six (6) months after the consummation of this offering and will terminate five years after the consummation of the offering. An underwriting discount or spread equal to 7.5% of the aggregate offering price will also be provided to underwriters. The Registration Statement of which this prospectus is a part also covers the Class A Ordinary Shares issuable upon the exercise thereof. For additional information regarding our arrangement with the underwriters, please see “Underwriting”.
   
(3) The Registrant’s initial filing of this Registration Statement on August 23, 2021 (the “Original Form F-1”) registered the securities for an aggregate offering price of $36,656,250. The current filing decreased the number of such securities being registered to an aggregate offering price of $18,543,750, including (i) 3,000,000 Class A Ordinary Shares, (ii) 180,000 Class A Ordinary Shares underlying the underwriter’s warrants, (iii) up to 450,000 additional Class A Ordinary Shares issued in connection with the underwriters’ over-allotment option, and (iv) up to 27,000 Class A Ordinary Shares underlying the additional underwriter’s warrants issued in connection with the underwriters’ over-allotment option. No additional registration fee is required to be paid by the Registrant.
   
(4) $3,999.20 of registration fee was previously paid, at the time of the filing of the Original Form F-1, based on the registration fee rate then in effect at the time of that filing. As the Registration decreased the number of securities to be registered, based on the current registration fee rate, less offering amount needs to be registered, so no additional registration fee is required, as described in footnote (3).