Company: APM
Filing Date: 2025-10-14
Form Type: 424B5
Source: 0001213900-25-098635
Chunk: 68

Company: Aptorum Group Ltd
Filing Date: 2025-10-14
Form: 424B5
Chunk 68
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 Company to be subject to a lock-up period of 30 days following the closing of the offering. This means that, during
the applicable lock-up period, such persons may not offer for sale, contract to sell, sell, distribute, grant any option, right or warrant
to purchase, pledge, hypothecate or otherwise dispose of, directly or indirectly, any of our ordinary shares or any securities convertible
into, or exercisable or exchangeable for, ordinary shares, subject to customary exceptions.

Right of First Refusal

For a period of twelve (12)
months from the closing of this offering, the Company, has granted the placement agent the right of first refusal to act as sole managing
underwriter and sole book runner, sole placement agent, or sole sales agent, for any debt financing or refinancing and all public or private
equity, equity-linked or debt offerings or acquisition or disposition by the Company or any successor to or any subsidiary of the Company
.

Tail

We have also agreed to pay the Placement Agent
a tail fee equal to both the cash and warrant compensation in this offering, if any investor who was contacted or introduced to us by
the Placement Agent provides us with capital in any public or private offering or other financing or capital raising transaction during
the 12-month period following expiration or termination of our engagement with the Placement Agent.

Indemnification

We have agreed to indemnify
the Placement Agent against certain liabilities, including liabilities under the Securities Act and liabilities arising from breaches
of representations and warranties contained in our engagement letter with the Placement Agent. We have also agreed to contribute to payments
the Placement Agent may be required to make in respect of such liabilities. In addition, we agreed to indemnify the investors against
certain losses resulting from our breach of any of our representations, warranties, or covenants under the Securities Purchase Agreement
with the investors as well as under certain other circumstances described in the Securities Purchase Agreement.

Regulation M

The Placement Agent may be deemed to be underwriters
within the meaning of Section 2(a)(11) of the Securities Act and any fees received by them and any profit realized on the sale of the
securities by them while acting as principal might be deemed to be underwriting discounts or commissions under the Securities Act. The
Placement Agent will be required to comply with the requirements of the Securities Act and the Exchange Act, including, without limitation,
Rule 10b-5 and Regulation M under the Exchange Act. These rules and regulations may