Company: AEHL
Filing Date: 2025-08-05
Form Type: 20-F/A
Source: 0001641172-25-022290
Chunk: 196

Company: Antelope Enterprise Holdings Ltd
Filing Date: 2025-08-05
Form: 20-F/A
Chunk 196
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-reverse split), (the “Shares”), at a per share purchase price of $ 0.49. The gross proceeds to the Company from this offering are approximately $ 1,000,000, before deducting any fees or expenses.

On December 30, 2024, the Company entered into a securities purchase agreement with several investors, pursuant to which the Company agreed to sell 2,130,177Class A ordinary shares (pre-reverse split), (the “Shares”), at a per share purchase price of $ 0.17. The gross proceeds to the Company from this offering are approximately $ 360,000, before deducting any fees or expenses.

Following is a summary of the warrant activity (post-reverse stock split effective on April 3, 2025) for the years ended December 31, 2024 and 2023:

SCHEDULE OF SUMMARY OF THE WARRANT ACTIVITY

|                                  |     | Number of 
 Warrants  |        |     | Average  
 Exercise 
 Price    |          |     | Weighted    
 Average     
 Remaining   
 Contractual 
 Term in     
 Years       |      |
|:---------------------------------|:----|:----------|-------:|:----|:---------|---------:|:----|:------------|-----:|
| Outstanding at January 1, 2023   |     |           |  9,254 |     | $        |   868.00 |     |             | 4.02 |
| Exercisable at January 1, 2023   |     |           |  9,254 |     | $        |   868.00 |     |             | 4.02 |
| Granted                          |     |           |      — |     |          |        — |     |             |    — |
| Exercised                        |     |           |      — |     |          |        — |     |             |    — |
| Forfeited                        |     |           |      — |     |          |        — |     |             |    — |
| Expired                          |     |           |    180 |     |          |    1,524 |     |             |    — |
| Outstanding at December 31, 2023 |     |           |  9,074 |     |          |   852.80 |     |             | 2.24 |
| Exercisable at December 31, 2023 |