Company: MAGH
Filing Date: 2025-02-24
Form Type: DRS/A
Source: 0001493152-25-008050
Chunk: 281

Company: Magnitude International Ltd
Filing Date: 2025-02-24
Form: DRS/A
Chunk 281
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 of [●] Ordinary Shares held by KeyStone Builders Group Limited, [●] Ordinary Shares held by Kingkey Holdings (International) Limited, [●] Ordinary Shares held by SwiftBuild Solutions Group Limited, [●] Ordinary Shares held by Canningale Investments Limited, [●] Ordinary Shares held by [Mr. Chi Wai Ming, Raymond] and [●] Ordinary Shares held by Beyond Merchant Limited, or collectively the Resale Shareholders. We will not receive any of the proceeds from the sale of Ordinary Shares by the Resale Shareholders.

No Ordinary Shares may be sold by the Resale Shareholders until our Ordinary Shares are listed or quoted on an established public trading market. Thereafter, any sales will occur at prevailing market prices or in privately negotiated prices. The distribution of securities offered hereby may be effected in one or more transactions that may take place in ordinary brokers’ transactions, privately negotiated transactions or through sales to one or more dealers for resale of such securities as principals. Usual and customary or specifically negotiated brokerage fees or commissions may be paid by the Resale Shareholders. No sales of the shares covered by this prospectus shall occur until the Ordinary Shares sold in our initial public offering begin trading on the Nasdaq Capital Market.

On [●], 2025, a registration statement under the Securities Act with respect to our initial public offering of Ordinary Shares was declared effective by the Securities and Exchange Commission. IN our initial public offering, we offered [ ] Ordinary Shares for sale at a public offering price of $[ ] per Ordinary Share and certain shareholders offered an aggregate of [ ] Ordinary Shares for sale at a public offering price of $[ ] per Ordinary Share. We received approximately US$[●] million in net proceeds from our initial public offering after payment of underwriting discounts and commissions. We did not receive any proceeds from the sale of the Ordinary Shares in our initial public offering by the selling shareholders.

Concurrent with our initial public offering, our Ordinary Shares were listed on the Nasdaq Capital Market under the symbol “MAGI”.

We are an “emerging growth company” as defined in Section 2(a) of the Securities Act of 1933, as amended, and

we have elected to comply with certain reduced public company reporting requirements.

An investment in our Ordinary Shares involves significant risks. You should carefully consider the risk factors beginning on page 9 of this prospectus before you make your decision to invest in our Ordinary Shares.

Neither the Securities and Exchange Commission nor any other regulatory body has approved or dis