Company: APM
Filing Date: 2025-11-17
Form Type: F-1
Source: 0001213900-25-111548
Chunk: 168

Company: Aptorum Group Ltd
Filing Date: 2025-11-17
Form: F-1
Chunk 168
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 A person or entity does not need to have actual knowledge of the statute or specific intent to violate it in       
 order to have committed a violation. Violations of the federal Anti-Kickback Statute can result in significant civil monetary penalties     
 and criminal fines, as well as imprisonment and exclusion from participation in federal healthcare programs.                                |

| ● | The federal False Claims Act, which imposes significant civil                                                                                
 penalties, treble damages and potential exclusion from participation in federal healthcare programs against any person or entity that,       
 among other things, knowingly presents, or causes to be presented, to the federal government claims for payment that are false or fraudulent 
 or for making a false record or statement material to an obligation to pay the federal government or for knowingly and improperly avoiding,  
 decreasing or concealing an obligation to pay money to the federal government. Further, a violation of the federal Anti-Kickback Statute     
 can serve as a basis for liability under the federal civil False Claims Act. The qui tam provisions of the False Claims Act allow private    
 individuals to bring actions on behalf of the federal government and to share in any monetary recovery. There is also the federal Criminal   
 False Claims Act, which is similar to the federal Civil False Claims Act and imposes criminal liability on those that make or present        
 a false, fictitious or fraudulent claim to the federal government.                                                                           |

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| ● | The federal Stark law, which prohibits physicians from referring                                                                                
 patients to receive “designated health services” payable by Medicare or Medicaid from entities with which the physician or                      
 an immediate family member has a financial relationship, unless an exception applies. Financial relationships include both ownership/investment 
 interests and compensation arrangements. Violation of the federal Stark law can result in significant civil monetary penalties and exclusion    
 from participation in the federal healthcare programs.                                                                                          |

| ● | The Eliminating Kickbacks in Recovery Act, which makes it a                                                                           
 federal crime to knowingly and willfully solicit or receive any remuneration (including kickbacks, bribes, or rebates) in return for  
 referring a patient to a recovery home, clinical treatment facility, or laboratory where the services are covered by a “health        
 care benefit program,” which includes private payers, or pay or offer any remuneration to induce such a referral or in exchange       
 for an individual using the services of a recovery home, clinical treatment facility, or laboratory. Violations of the law may result 
 in penalties per occurrence and imprisonment.                                                                                         |

| ● | Federal criminal statutes created by