Company: APM
Filing Date: 2025-12-05
Form Type: 424B5
Source: 0001213900-25-118752
Chunk: 124

Company: Aptorum Group Ltd
Filing Date: 2025-12-05
Form: 424B5
Chunk 124
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 and void. Cayman Islands law protecting the interests
of minority shareholders may not be as protective in all circumstances as the law protecting minority shareholders in some U.S. jurisdictions.
In addition, the circumstances in which a shareholder of a Cayman Islands company may sue the company derivatively, and the procedures
and defenses that may be available to the company, may result in the rights of shareholders of a Cayman Islands company being more limited
than those of shareholders of a company organized in the United States. Accordingly, shareholders may have fewer alternatives available
to them if they believe that corporate wrongdoing has occurred. The Cayman Islands courts are also unlikely to recognize or enforce judgments
from U.S. courts based on certain liability provisions of U.S. securities laws that are penal in nature. There is no statutory
recognition in the Cayman Islands of judgments obtained in the United States, although the courts of the Cayman Islands will generally
recognize and enforce non-penal judgment of a foreign court of competent jurisdiction for a liquidated sum without retrial on its merits
which is not obtained in a manner contrary to public policy in the Cayman Islands and in respect of which there are no concurrent proceedings
in the Cayman Islands. This means, even if shareholders were to sue us successfully, they may not be able to recover anything to make
up for the losses suffered.

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Furthermore, our directors
have the power to take certain actions without shareholder approval which would require shareholder approval under the laws of most U.S. jurisdictions.
For example, the directors of a Cayman Islands company, without shareholder approval, may implement a sale of any assets, property, part
of the business, or securities of the Company.

While Cayman Islands law allows
a dissenting shareholder to express the shareholder’s view that a court sanctioned reorganization of a Cayman Islands company would
not provide fair value for the shareholder’s shares, Cayman Islands statutory law does not specifically provide for shareholder
appraisal rights on a merger or consolidation of a company. This may make it more difficult for you to assess the value of any consideration
you may receive in a merger or consolidation or to require that the acquirer gives you additional consideration if you believe the consideration
offered is insufficient. However, Cayman Islands’ statutory law does provide a mechanism for a dissenting shareholder in a merger
or consolidation to apply to the Grand Court for a determination of the fair value of the dissenter’s shares, if it is