Company: MAGH
Filing Date: 2025-01-02
Form Type: DRS
Source: 0001493152-25-000010
Chunk: 220

Company: Magnitude International Ltd
Filing Date: 2025-01-02
Form: DRS
Chunk 220
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 permit them to offer the Ordinary Shares for resale from time to time.

| Alt-3 |

The Ordinary Shares being offered by Beyond Merchant Limited were issued to them on [●] from [●] for an aggregate consideration of US$[●]. We are registering [●] Ordinary Shares for them in order to permit them to offer the Ordinary Shares for resale from time to time.

The Ordinary Shares being offered by Mr. Chi Wai Ming, Raymond, or Mr. Chi, were transferred to him on [●] by XJL International Ltd. We are registering [●] Ordinary Shares for him in order to permit him to offer the Ordinary Shares for resale from time to time. Mr. Chi had, at the time of acquiring Ordinary Shares from XJL International Ltd, agreed to assist the Company to expand its business in Southeast Asia after the Company’s initial public offering as well as to introduce customers to the Company for diversification of its customer base.

We are registering [●] Ordinary Shares for them in order to permit them to offer the Ordinary Shares for resale from time to time.

This prospectus and any prospectus supplement will only permit the Resale Shareholders to sell the number of Ordinary Shares identified in the column “Number of Ordinary Shares to be Sold.” The Ordinary Shares issued to the Resale Shareholders are “restricted” securities under applicable U.S. federal and state securities laws and are being registered to provide the Resale Shareholders the opportunity to sell those Ordinary Shares.

The following table sets forth the name of the Resale Shareholders who are offering the Ordinary Shares for resale by this prospectus, the number and percentage of Ordinary Shares beneficially owned by them, the number of Ordinary Shares that may be offered for resale by this prospectus and the number and percentage of Ordinary Shares they will own after the offering. The information appearing in the table below is based on information provided by or on behalf of the Resale Shareholders. We will not receive any proceeds from the resale of the Ordinary Shares by the Resale Shareholders. The Resale Shareholders may sell all, some or none of their Ordinary Shares in this offering. See “Plan of Distribution.”

| Name                  
 of Resale Shareholder |     | Ordinary                                    
 Shares Beneficially Owned Prior to Offering |     | Percentage                     
 Ownership Prior to Offering(1) |     | Number                        
 of Ordinary Shares to be Sold |     | Number                                     
 of Ordinary Shares Owned After Offering(2) |     | Percentage               
 Ownership After Offering |

(1) Based on