Company: APM
Filing Date: 2025-11-17
Form Type: F-1
Source: 0001213900-25-111548
Chunk: 52

Company: Aptorum Group Ltd
Filing Date: 2025-11-17
Form: F-1
Chunk 52
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 the then-outstanding shares of the Combined Company Common Stock entitled to vote 
 thereon, voting together as a single class; and                                                                                   |

| ● | establish advance notice requirements for nominations for                                                                         
 elections to the Combined Company Board and for proposing matters that can be acted upon by stockholders at stockholder meetings. |

Section 203 of the DGCL generally prohibits a Delaware corporation from engaging in any of a broad range of business combinations with any interested stockholder for a period of three years following the date on which the stockholder became an interested stockholder. Combined Company has expressly elected not to be governed by Section 203 of the DGCL. At that time, such election shall be automatically withdrawn and Combined Company will thereafter be governed by Section 203 of the DGCL. These provisions could discourage, delay or prevent a transaction involving a change in control of Combined Company. These provisions could also discourage proxy contests and make it more difficult for Combined Company’s stockholders to elect directors of their choosing and cause Combined Company to take other corporate actions they desire, including actions that Combined Company’s stockholders may deem advantageous. In addition, because the Combined Company Board is responsible for appointing the members of Combined Company’s management team, these provisions could in turn affect any attempt by Combined Company’s stockholders to replace current members of Combined Company’s management team. These anti-takeover provisions and other provisions in the Proposed Charter, the Proposed Bylaws and Delaware law could make it more difficult for stockholders or potential acquirors to obtain control of the Combined Company Board or initiate actions that are opposed by Combined Company’s then-current board of directors and could also delay or impede a merger, tender offer or proxy contest involving Combined Company. The existence of these provisions could negatively affect the price of Combined Company Common Stock and limit opportunities for a stockholder to realize value in a corporate transaction. In addition, if prospective takeovers are not consummated for any reason, Combined Company may experience negative reactions from the financial markets, including negative impacts on the price of Combined Company Common Stock. The Proposed Charter that will be in effect upon the Closing of the Merger will designate the Court of Chancery of the State of Delaware as the exclusive forum for certain litigation that may be initiated by Combined Company’s stockholders and the federal district courts of the United States as the exclusive forum for litigation arising under the Securities Act, which could limit Combined Company’s stockholders’ ability to obtain a favorable judicial forum for disputes with Combined Company. Pursuant to the Proposed Charter, which