424B5 1 ea182215-424b5_ehome.htm PROSPECTUS SUPPLEMENT Filed Pursuant to Rule 424(b)(5)Registration No. 333-259464 PROSPECTUS SUPPLEMENT(To Prospectus dated August 17, 2022) E-HOME HOUSEHOLD SERVICE HOLDINGS LIMITED An aggregate offering amount of $12,000,000 We are offering 107,317,074 Ordinary Shares at a price of $0.111818 per share to certain investors (collectively, the “Investors”) pursuant to this prospectus supplement and the accompanying prospectus and a securities purchase agreement dated July 21, 2023 with such Investors. Our Ordinary Shares are listed on the Nasdaq Capital Market under the symbol “EJH”. As of July 21, 2023, the aggregate market value of our outstanding voting and non-voting common equity held by non-affiliates was approximately $3,306,141 based on 27,248,959 shares of our outstanding Ordinary Shares, of which approximately 26,239,217 shares were held by non-affiliates, and the reported closing sale price of our Ordinary Shares of US$0.1260 per shares on July 21, 2023. On July 21, 2023, the Company entered into a Securities Purchase Agreement with the Investors for the sale of an aggregated 107,317,074 Ordinary Shares at a purchase price of $0.111818 per share, for aggregate gross proceeds of $12,000,000. The net proceeds received by the Company from the offering will be used for general working capital and growth capital purposes and shall not use such proceeds: (a) for the redemption of any Ordinary Stock or Ordinary Stock equivalents, (b) for the settlement of any outstanding litigation, (c) for the satisfaction of any portion of the Company’s debt (other than payment of trade payables in the ordinary course of the Company’s business and prior practices), or (d)in violation of FCPA or OFAC regulations. We are an “emerging growth company” as defined under applicable U.S. securities laws and are eligible for reduced public company reporting requirements. Per Share Total Offering price $0.111818 $12,000,000 We sell the securities offered through this prospectus supplement and the accompanying prospectus directly to the Investors. See “Plan of Distribution” beginning on page S-18 of this prospectus supplement for more information regarding these arrangements. Investing in our Ordinary Shares involves a high degree of risk, including the risk of losing your entire investment. See “Risk Factors” beginning on page S-7 and the “Risk Factors” in the accompanying prospectus to read about factors you should consider before purchasing our Ordinary Shares. INVESTORS PURCHASING SECURITIES IN THIS OFFERING ARE PURCHASING SECURITIES OF E-HOME HOUSEHOLD SERVICE HOLDINGS LIMITED (“E-HOME” OR “COMPANY”), A CAYMAN ISLANDS HOLDING COMPANY, RATHER THAN SECURITIES OF E-HOME’S SUBSIDIARIES THAT CONDUCT SUBSTANTIVE BUSINESS OPERATIONS IN CHINA. E-Home is not an operating company but rather a holding company incorporated in the Cayman Islands. Because E-Home has no operations of its own, we conduct all of our business in Hong Kong and mainland China (which is also referred to as “PRC,” and for the purpose of this prospectus supplement, excluding Taiwan and the special administrative regions of Hong Kong and Macau) through E-Home’s subsidiaries, particularly, E-Home (Pingtan) Home Service Co., Ltd. (“E-Home Pingtan”) and Fuzhou Bangchang Technology Co. Ltd., and their respective Chinese subsidiaries. See “Prospectus Supplement Summary – Company Overview”. This structure involves unique risks to investors, and you may never directly hold equity interests in E-Home’s Chinese operating entities. You are specifically cautioned that there are significant legal and operational risks associated with having substantially all of our business operations in China, including that changes in the legal, political and economic policies of the Chinese government, the relations between China and the United States, or Chinese or United States regulations may materially and adversely affect our business, financial condition, results of operations and the market price of E-Home securities. Moreover, the Chinese government may exercise significant oversight and discretion over the conduct of our business and may intervene in or influence the PRC subsidiaries’ operations in China at any time. Recent statements by the Chinese government indicate an intent to exert more oversight and more control over offerings conducted overseas and/or foreign investment in China-based issuers. On February 17, 2023, China Securities Regulatory Commission (“CSRC”) released the Trial Administrative Measures of Overseas Securities Offering and Listing by Domestic Enterprises (the “New Overseas Listing Rules”