Company: MAGH
Filing Date: 2025-01-02
Form Type: DRS
Source: 0001493152-25-000010
Chunk: 8

Company: Magnitude International Ltd
Filing Date: 2025-01-02
Form: DRS
Chunk 8
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 to pay dividends in the foreseeable future, you must rely on price appreciation 
 of our Ordinary Shares for a return on your investment.                                          |

| ● | Because                                                                                    
 our public offering price per Ordinary Share is substantially higher than our net tangible 
 book value per Ordinary Share, you will experience immediate and substantial dilution.     |

| 5 |

| ● | You                                                                                      
 must rely on the judgment of our management as to the uses of the net proceeds from this 
 offering, and such uses may not produce income or increase our share price.              |

| ● | We                                                                                             
 are a “controlled company” within the meaning of the rules of Nasdaq and, as                   
 a result, we are permitted to elect to rely, and may rely on exemptions from certain corporate 
 governance requirements that provide protection to shareholders of other companies.            |

| ● | We                                                                                             
 are an emerging growth company within the meaning of the Securities Act and may take advantage 
 of certain reduced reporting requirements.                                                     |

| ● | If                                                                                         
 we are classified as a passive foreign investment company, United States taxpayers who own 
 our securities may have adverse United States federal income tax consequences.             |

| ● | We                                                                                             
 are a foreign private issuer within the meaning of the Exchange Act, and as such we are exempt 
 from certain provisions applicable to United States domestic public companies.                 |

| ● | Due                                                                                          
 to our status as a foreign private issuer, we have adopted IFRS accounting principles, which 
 are different from accounting principles under U.S. GAAP.                                    |

| ● | As                                                                                           
 a company incorporated in the Cayman Islands, we are permitted to adopt certain home country 
 practices in relation to corporate governance matters that differ significantly from Nasdaq  
 corporate governance listing standards.                                                      |

| ● | We                                                                                          
 may lose our foreign private issuer status in the future, which could result in significant 
 additional costs and expenses to us.                                                        |

| ● | We                                                                                          
 will incur significantly increased costs and devote substantial management time as a result 
 of the listing of our Ordinary Shares on Nasdaq.                                            |

| ● | You                                                                                         
 may face difficulties in protecting your interests, and your ability to protect your rights 
 through U.S. courts may be limited, because we are incorporated under Cayman Islands law.   |

| ● | Certain                                                                   
 judgments obtained against us by our shareholders may not be enforceable. |

| 6 |

Corporate Information

We were incorporated in the Cayman Islands as an exempted company with limited liability