Company: APM
Filing Date: 2025-12-05
Form Type: 424B5
Source: 0001213900-25-118752
Chunk: 371

Company: Aptorum Group Ltd
Filing Date: 2025-12-05
Form: 424B5
Chunk 371
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the affirmative vote of at least two-thirds of votes cast at a general meeting. A special resolution will be required for important matters.

A special resolution of members
is required to change the name of the Company, approve a merger, wind up the Company, amend the Memorandum and Articles and reduce the
share capital.

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Conversion

Class A Ordinary Shares are
not convertible. Each Class B Ordinary Share shall be convertible, at the option of the holder thereof, into such number of fully paid
and non-assessable Class A Ordinary Shares on the basis that one Class B Ordinary Share shall be converted into one Class A Ordinary Share
(being a 1:1 ratio and hereafter referred to as the “Conversion Rate”), subject to adjustment.

Transfer of Shares

Subject to the restrictions
set out below, any of our shareholders may transfer all or any of his, its or her Class A Ordinary Shares or Class B Ordinary Shares by
an instrument of transfer in the usual or common form or any other form approved by our Board of Directors or in a form prescribed by
the stock exchange on which our shares are then listed.

Our Board of Directors may,
in its sole discretion, decline to register any transfer of any Class A Ordinary Shares or Class B Ordinary Shares whether or not it is
fully paid up to the total consideration paid for such shares. Our directors may also decline to register any transfer of any Class A
Ordinary Shares or Class B Ordinary Shares if (a) the instrument of transfer is not accompanied by the certificate covering the shares
to which it relates or any other evidence as our Board of Directors may reasonably require to prove the title of the transferor to, or
his/her right to transfer the shares; or (b) the instrument of transfer is in respect of more than one class of shares.

If our directors refuse to
register a transfer, they shall, within two months after the date on which the instrument of transfer was lodged, send to the transferee
notice of such refusal.

The registration of transfers
may be suspended and the register closed at such times and for such periods as our Board of Directors may from time to time determine,
provided, however, that the registration of transfers shall not be suspended nor the register closed for more than 30 days in any year.

Winding-Up/Liquidation

On a return of capital on
winding up or otherwise (other than on conversion, redemption or purchase of shares), a liquidator may be appointed to