Company: MAGH
Filing Date: 2025-06-25
Form Type: F-1/A
Source: 0001641172-25-016431
Chunk: 171

Company: Magnitude International Ltd
Filing Date: 2025-06-25
Form: F-1/A
Chunk 171
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 in connection with qualifying or registering such Ordinary Shares for offer and sale under the “blue sky” securities laws of such states and other jurisdictions as the Representative may request (including all filing and registration fees and the reasonable fees and disbursements of Representative’s counsel), (vi) all out-of-pocket accountable fees, expenses and disbursements incurred by the Representative in connection with the offer, sale or marketing of the Ordinary Shares and performance of the Representative’s obligations under the underwriting agreement, including without limitation fees and disbursements of the Representative’s counsel, , expenses incurred by the Representative in connection with any “road show” presentation to potential investors and travel and related expenses of the Representative, which reimbursable accountable amount (excluding expenses related to blue sky and FINRA compliance) will not exceed $250,000, (vii) all expenses incurred by the Company in connection with any “road show” presentation to potential investors, (viii) the costs and charges of the transfer agent and the registrar for the Ordinary Shares, and (ix) all application fees and fees and expenses of counsel to the Representative incurred in connection with the filing with and clearance of the offering by FINRA.

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We estimate that the total expenses of the offering payable by us, excluding the underwriting discount and commissions and the portion of the non-accountable expense allowance payable by us (but including a maximum aggregate reimbursement of $[●] of the Representative’s accountable expenses) , will be approximately $[●].

Right of First Refusal

For a period of 12 months from the completion of this offering, we have granted the Representative the right of first refusal to act (i) as lead manager and bookrunner or lead placement agent with respect to any public or private sale of the securities of the Company and/or any of its subsidiaries in the United States, (ii) exclusive financial advisor in connection with any business disposition, acquisition, merger, consolidation or other business combination, or any recapitalization, reorganization, restructuring or other similar transaction for which we decide engage and financial advisor, or (iii) placement agent or sole agent in connection with any finance or refinance of indebtedness for which we use a manager or agent.

Tail Financing

We have agreed that, the Representative shall be entitled receive transaction fees equal to seven percent (7%) of the gross proceeds received by us from any financing or capital-raising transaction of any kind, or a Tail Financing, to the extent that such financing or capital is provided to us by investors whom the Representative