Company: MEGL
Filing Date: 2025-06-09
Form Type: F-1/A
Source: 0001641172-25-014301
Chunk: 194

Company: Magic Empire Global Ltd
Filing Date: 2025-06-09
Form: F-1/A
Chunk 194
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 up to 500,000 Ordinary Shares at $6.00 per share, dated August 9, 2022, to Network 1 Financial Securities, Inc. On August 12, 2022, the underwriter exercised its Representative’s Warrants in full and the Company issued a total of 256,099 ordinary shares with no cash consideration on August 26, 2022.

On November 29, 2023, the
shareholders of the Company resolved and approved to amend the maximum number of shares the company was authorized to issue to become
600,000,000 shares with a par value of US$0.0001 each divided into (i) 300,000,000 ordinary shares with a par value of US$0.0001 each
and (ii) 300,000,000 non-voting ordinary shares with a par value of US$0.0001 each. Each of the ordinary shares and non-voting ordinary
shares had the right to an equal share in any dividend paid by the Company and the right to an equal share in the distribution of the
surplus assets of the Company. However, each ordinary share had the right to one vote on any resolution and each non-voting ordinary
share had no right to vote on any resolutions. On December 4, 2023, the Company filed the Second Amended and Restated Memorandum and
Articles of Association with the Registrar of the British Virgin Islands.

On November 29, 2024, the shareholders of the Company resolved and approved to amend the maximum number of shares the company was authorized to issue to become 600,000,000 shares with no par value each divided into (i) 280,000,000 Class A ordinary shares; (ii) 20,000,000 Class B ordinary shares; and (iii) 300,000,000 non-voting ordinary shares. On December 5, 2024, the Company filed the Third Amended and Restated Memorandum and Articles of Association with the Registrar of the BVI. The change from ordinary shares to Class A ordinary shares was reflected with the Nasdaq Capital Market and in the marketplace on January 28, 2025

On February 6, 2025, the Company effected a share combination of its shares at a ratio of four (4) shares into one (1). The number of outstanding Class A ordinary shares were reduced from 16,256,099 Class A ordinary shares to 4,064,