EX-FILING FEES 14 tm2221796d3_ex-fillingfees.htm EX-FILING FEES

 

Exhibit 107

 

Calculation of Filing Fee Table

 

F-1

(Form Type)

 

TH International Limited

(Exact Name of Registrant as Specified in its Charter)

 

Table 1—Newly Registered and Carry Forward Securities

 

    Security
Type
  Security
Class Title
  Fee
Calculation and
Carry
Forward
Rule
  Amount
Registered(1)
    Proposed
Maximum
Offering
Price Per
Unit
    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                                                                                
    Equity   Ordinary share, par value $0.00000939586994067732 per share, underlying warrants (Primary Offering)(2)   Other     5,650,000     $ 11.50 (3)   $ 64,975,000     $110.20 per $1,000,000     $ 7,160.25                              
    Equity   Ordinary share, par value $0.00000939586994067732 per share, underlying warrants (Primary Offering)(4)   Other     17,250,000     $ 11.50 (3)   $ 198,375,000     $110.20 per $1,000,000     $ 21,860.93                              
    Equity   Ordinary share, par value $0.00000939586994067732 per share (Secondary Offering)(5)   Rule 457(c)     55,399,324     $ 3.935 (6)   $ 217,996,339.94     $110.20 per $1,000,000     $ 24,023.20                              
    Debt Convertible into Equity   Ordinary share, par value $0.00000939586994067732 per share, underlying conversion notes (Secondary Offering)(7)   Other     6,752,041     $ 3.935 (6)   $ 26,569,281.34     $110.20 per $1,000,000     $ 2,927.94                              
    Equity   Warrants to purchase Ordinary share (Secondary Offering)(9)   Other     5,650,000                       (8)                            
    Equity   Ordinary share, par value $0.00000939586994067732 per share, underlying warrants (Secondary Offering)(10)   Other     5,650,000                       (8)                            
Fee Previously Paid                                                                              
Carry Forward Securities
Carry Forward Securities                                                                              
    Total Offering Amounts                 $ 507,915,621           $ 55,972.32                              
    Total Fee Offsets                                 $ 34,492.35                              
    Net Fee Due                                 $ 21,479.97                              

 

(1) Pursuant to Rule 416(a) under the Securities Act, this Registration Statement shall also cover any additional ordinary shares of the Registrant (“Ordinary Shares”) that become issuable as a result of any stock dividend, stock split, recapitalization, or other similar transaction effected without the receipt of consideration that results in an increase to the number of outstanding Ordinary Shares, as applicable.

(2) Consists of (i) 1,200,000 Ordinary Shares issuable by the Registrant upon the exercise of PIPE Warrants (as defined in this Registration Statement) and (ii) 4,450,000 Ordinary Shares issuable by the Registrant upon the exercise of Sponsor Warrants (as defined in this Registration Statement).

(3) Calculated pursuant to Rule 457(g) under the Securities Act, based on the exercise price of the warrants.

(4) Consists of 17,250,000 Ordinary Shares issuable by the Registrant upon the exercise of Public Warrants (as defined in this Registration Statement),

(5) Consists of an aggregate of 5,399,324 outstanding Ordinary Shares registered for resale by the Selling Securityholders named in this Registration Statement.

(6) Estimated solely for the purpose of calculating the registration fee in accordance with Rule 457(c) under the Securities Act, based on the average of the high and low prices of Ordinary Share as reported on October 11, 2022, which was approximately $3.935 per share.

(7) Pursuant to the indenture governing the Registrant’s Convertible Notes (as defined in this Registration Statement), this value represents the maximum aggregate number of Ordinary Shares issuable upon conversion of the Convertible Notes, including additional PIK Notes issuable through the maturity of the Convertible Notes based on assumed interest rates as described in the indenture. Pursuant to Rule 416 under the Securities Act, the Registrant is also registering such indeterminate number of additional Ordinary Share as may be issuable from time to time upon conversion of the notes as a result of the anti-dilution provisions thereof.

(8) Pursuant to Rule 457(g) of the Securities Act, no separate fee is recorded for the warrants and the entire fee is allocated to the underlying Ordinary Share.

(9) Consists of an aggregate of 5,650,000 warrants registered for resale by the Selling Securityholders named in this Registration Statement, comprising (i) 1,200,000 PIPE Warrants and (ii) 4,450,000 Sponsor Warrants.

(10)

Consists of an aggregate of 5,650,000 Ordinary Shares registered for resale by the Selling Securityholders named in this Registration Statement, comprising (i) 1,200,000 shares issuable upon exercise of the PIPE

Warrants and (iii) 4,450,000 shares issuable upon exercise of the Sponsor Warrants.

 

 

 

 

Table 2—Fee Offset Claims and Sources

 

    Registrant or
Filer Name
  Form
or
Filing
Type
  File Number   Initial Filing
Date
  Filing Date   Fee
Offset
Claimed
    Security
Type
Associated
with Fee
Offset
Claimed
  Security Title
Associated
with Fee
Offset Claimed
    Unsold
Securities
Associated
with Fee
Offset
Claimed
    Unsold
Aggregate
Offering Amount
Associated with
Fee Offset
Claimed
  Fee Paid
with Fee
Offset
Source
Rules 457(b) and 0-11(a)(2)                                                          
Fee Offset Claims                                                          
Fee Offset Sources                                                          
Rule 457(p)
Fee Offset Claims   TH International Limited   Form F-4   333-259743(11)   9/23/2021       $ 34,492.35     Equity   Shares underlying Warrants included as part of the Units       26,150,000     $ 316,153,500      
Fee Offset Sources   TH International Limited   Form F-4   333-259743(11)       7/20/2022                                    $ 34,492.35

 

(11) The Registrant previously registered 26,150,000 Ordinary Shares issuable on the exercise of the Public Warrants and Sponsor Warrants under a registration statement on Form Form 4 (File No. 333-259743) (the “Prior Registration Statement”). None of these warrants have been exercised and, consequently, none of those Ordinary Shares have been issued or sold under the Prior Registration Statement. The Registrant has completed the offering that included these unissued Ordinary Shares under the Prior Registration Statement.