Company: APM
Filing Date: 2025-07-15
Form Type: DRS
Source: 0001213900-25-063899
Chunk: 360

Company: Aptorum Group Ltd
Filing Date: 2025-07-15
Form: DRS
Chunk 360
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ify 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.

Lock-up Agreements

We and each of the Company’s officers and directors have agreed
with the placement agent to be subject to a lock-up period of ____ following the date of closing of the offering pursuant to this prospectus.
This means that, during the applicable lock-up period, the Company and 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. The placement
agent may waive the terms of these lock-up agreements in its sole discretion and without notice.

Other Relationships

From time to time, the placement agent may provide in the future various
advisory, investment and commercial banking and other services to us in the ordinary course of business, for which they have received
and may continue to receive customary fees and commissions. However, except as disclosed in this prospectus, we have no present arrangements
with the placement agent for any further services.

On July 7, 2025, after the consideration, review, and approval of DiamiR’s
Chief Executive Officer, DiamiR entered into a financial advisory agreement with H.C. Wainwright & Co., LLC (“Wainwright”),
with Wainwright to act as exclusive financial advisor to DiamiR in connection with the merger with Aptorum. As compensation for its services,
upon the consummation of the Merger, Wainwright will receive common stock purchase warrants to purchase up to a number of shares of common
stock of the Combined Company equal to $500,000 divided by the closing price of the Combined Company’s common stock on the date
of consummation of the Merger, which warrants shall have an exercise price of $0.01 per share and a term of exercise of five years. In
the event that DiamiR (or the Combined Company) consummates one or more financing transactions, including this transaction, with gross
proceeds of at least $4,000,000 following the execution of the Merger Agreement through and including the consumm