Company: APM
Filing Date: 2025-11-17
Form Type: F-1
Source: 0001213900-25-111548
Chunk: 193

Company: Aptorum Group Ltd
Filing Date: 2025-11-17
Form: F-1
Chunk 193
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 |   |
| Net cash provided by financing activities |     |   |            - |   |     |   |    4,092,068 |   |
| Net decrease in cash and cash equivalents |     |   |   (1,131,113 | ) |     |   |   (3,007,529 | ) |

Operating activities Net cash used in operating activities amounted to $1.2 million and $7.7 million for the years ended December 31, 2024, and 2023. The net cash used in operating activities declined due to the implementation of stringent budgetary control measures, as a result of the Company’s exclusive emphasis on the previously anticipated Merger. Investing activities Net cash used in investing activities amounted to $0.1 million and $0.6 million for the years ended December 31, 2024, and 2023. The decrease in net cash provided by investing activities was due to the decrease in cash received from related parties for loan repayment by $0.6 million. Financing activities Net cash provided by financing activities amounted to $nil and $4.1 million for the year ended December 31, 2024, and 2023. The decrease in net cash inflow from financing activities is attributed to the absence of financing activities during the period, as the Company was solely focused on the previously anticipated Merger. Condensed Summary of Cash Flows for the Years Ended December 31, 2023 and 2022

|                                                               |     |   |   Year Ended 
 December 31, 
         2023 |   |     |   |   Year Ended 
 December 31, 
         2022 |   |
|:--------------------------------------------------------------|:----|:--|-------------:|:--|:----|:--|-------------:|:--|
| Net cash used in operating activities                         |     | $ |   (7,724,364 | ) |     | $ |  (12,318,965 | ) |
| Net cash provided by investing activities                     |     |   |      624,767 |   |     |   |    2,444,896 |   |
| Net cash provided by financing activities                     |     |   |    4,092,068 |   |     |   |    6,625,462 |   |
| Net decrease in cash and cash equivalents and restricted cash |     |   |   (3,007,529 | ) |