Company: APM
Filing Date: 2025-01-03
Form Type: 424B5
Source: 0001213900-25-000606
Chunk: 18

Company: Aptorum Group Ltd
Filing Date: 2025-01-03
Form: 424B5
Chunk 18
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 Placement Agent a cash fee equal to seven percent (7.0%) of the aggregate gross proceeds of this offering.                                       |
| (2) | We have also agreed to pay all expenses relating to the placement, which includes up to $50,000 for reasonable legal fees and disbursements for Placement Agent’s counsel. |

We estimate expenses payable by us in connection with this offering, other than the Placement Agent’s fees and expenses referred to above, will be approximately $105,900.

After deducting certain fees
and expenses due to the Placement Agent and our estimated offering expenses, we expect the net proceeds from this offering to be approximately
$2,699,200.

<div align='center'>S-11</div>

Company Standstill

The Company agreed pursuant
to the Securities Purchase Agreement that, subject to certain exceptions, for thirty (30) calendar days following the closing of the Offering
(the “Standstill Period”), it would not (i) issue, or enter into any agreement to issue or announce the issuance or proposed
issuance of any Class A Ordinary Shares, or any securities of the Company or its subsidiaries which would entitle the holder thereof to
acquire at any time Class A Ordinary Shares (the “Ordinary Share Equivalents”), or (ii) file any registration statement or
amendment or supplement thereto, other than the prospectus supplement contemplated in the Securities Purchase Agreement and the filing
of a registration statement on Form S-8 in connection with any employee benefit plan. In addition, during the Standstill Period, subject
to certain exceptions, the Company is prohibited from effecting or entering into an agreement to effect any issuance by the Company or
any of its subsidiaries of Class A Ordinary Shares or Ordinary Share Equivalents (or a combination of units thereof) involving a Variable
Rate Transaction (as defined in the Securities Purchase Agreement).

Right of First Refusal

For a period of six (6) months from the closing
of this offering, the Company, has granted the placement agent the right of first refusal to act as sole managing underwriter and sole
book runner, sole placement agent, or sole sales agent, for any and all public or private equity, equity-linked or debt (excluding commercial
bank debt) offerings for which the Company or any successor to or any subsidiary of the Company retains the service of an underwriter,
agent, advisor, finder or other person or entity in connection with such offering during such six (6) month period.

Listing

Our Class A