Company: APM
Filing Date: 2025-10-06
Form Type: S-4
Source: 0001213900-25-096656
Chunk: 480

Company: Aptorum Group Ltd
Filing Date: 2025-10-06
Form: S-4
Chunk 480
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 under such prospectus supplement and the accompanying prospectus. For the year ended December 31, 2023, the Company has issued 215,959Class A Ordinary Shares at average issuance price of $ 7.53per share pursuant to the ATM Offering with gross proceeds of $ 1.6million, less transaction costs of $ 50,183. On January 23, 2023, the Company effectuate a 10for 1share consolidation of its authorized share capital, such that every 10Class A Ordinary Shares, par value of US$ 1.00per share, in the authorized share capital of the Company (including issued and unissued share capital) were consolidated into 1Class A Ordinary Share, par value of US$ 10.00per share, and that every 10Class B Ordinary Shares, par value of US$ 1.00per share in the authorized share capital of the Company (including issued and unissued share capital) were consolidated into 1Class B Ordinary Share, par value of US$ 10.00per share. As a consequence of the reverse stock split, fractional shares were rounded up to the next whole share, resulting in the creation of an additional 8,018Class A Ordinary Shares. On February 21, 2023, the Company was merged with Aptorum Group Cayman Limited, a newly established wholly owned subsidiary of the Company, whereby the Company is the surviving company on the terms of the plan of merger. According to the plan of merger, the par value of its Class A and Class B Ordinary Shares are changed from USD10to USD0.00001. On March 31, 2023, the Group issued 70,430Class A Ordinary Shares to a majority of the share option holders. This issuance served as an exchange for their share options and facilitated the reversal of deferred cash bonus payables owed to these holders (See Note 10). On March 31, 2023, the Group also issued 65,770fully vested Class A Ordinary Shares to certain employees and external consultants. The grant date fair value of each of the shares was $ 2.68based on grant date quoted market price. For the years ended December 31, 2024, 2023 and 2022, the Group issued 427,060, 791and 6,712Class A Ordinary Shares to share option holders as a result of exercise of options, respectively. For the year ended December 31, 2024