Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 62

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 3
Chunk 62
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 other disclosure and public pronouncements are
not subject to the review or scrutiny of any PRC regulatory authority. For example, the disclosure in our SEC reports and other filings
are not subject to the review of the CSRC, a PRC regulator that is tasked with oversight of the capital markets in China. Accordingly,
you should review our SEC reports, filings and our other public pronouncements with the understanding that no local regulator has done
any due diligence on our company and with the understanding that none of our SEC reports, other filings or any of our other public pronouncements
has been reviewed or otherwise been scrutinized by any local regulator.

RISKS RELATED TO OUR
SECURITIES

Nasdaq imposes
listing standards on our Common Stock, including recent amendments to Nasdaq Listing Rules, that may be difficult to fulfill, thereby
leading to a potential delisting of our Common Stock.

Our Common Stock is traded and listed on the Nasdaq
Capital Market under the symbol “ JXG.” We are required to comply with all continued listing requirements, including among
other things, a minimum bid price of $1.00 per share of Common Stock (the “ Minimum Bid Price Requirement”), minimum shareholder’
equity. certain major corporate transactions, the composition of our Board of Directors and committees thereof. The failure to meet these
Nasdaq Capital Market continued listing requirements may result in delisting of our Common Stock from the Nasdaq Capital Market,
which could adversely affect the liquidity and market price thereof.

In the past, the closing price of our Common Stock felt below the Minimum
Bid Price Requirement, and the Company effected reverse stock splits within the last two (2) years, including the most recent one-for-four
(1-for-4) reverse stock split, effected on December 27, 2024, in order to regain compliance with the Minimum Bid Price Requirement. On
October 24, 2022, the Company received its first notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC
(“ Nasdaq Staff”) notifying the Company that the closing bid price of its common stock for the last 30 consecutive business
days preceding the Notice was below $1.00 per share, not in compliance with the Minimum Bid Requirement. In accordance with applicable
Nasdaq listing rules, the Company received 180 calendar days to regain compliance with the Minimum Bid Price Requirement, or until April
24, 2023. While the Company effected a 1-for-10 reverse stock split on