Company: MEGL
Filing Date: 2025-06-27
Form Type: F-1/A
Source: 0001641172-25-016831
Chunk: 67

Company: Magic Empire Global Ltd
Filing Date: 2025-06-27
Form: F-1/A
Chunk 67
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% of the total voting power in aggregate. After this offering, our directors, officers and principal shareholders
will hold in aggregate 13.1% of our total issued and outstanding ordinary shares, representing 55.4% voting power of our Company.
These shareholders, if they act together, will be able to control the management and affairs of our Company and most matters requiring
shareholder approval, such as the election of directors, amendments to our organizational documents and any merger, consolidation, sale
of all or substantially all of our assets or other major corporate transactions. The interests of these shareholders may not be the same
as or may even conflict with your interests. For example, these shareholders could attempt to delay or prevent a change in control of
us, even if such change in control would benefit our other shareholders, which could deprive our shareholders of an opportunity to receive
a premium for shares as part of a sale of us or our assets, and might affect the prevailing market price of our shares due to investors’
perceptions that conflicts of interest may exist or arise. As a result, this concentration of ownership may not be in the best interests
of our other shareholders.

We do not intend to pay dividends for the foreseeable future.

We currently intend to retain any future earnings to finance the operations and expansion of our business, and we do not expect to declare or pay any dividends in the foreseeable future. As a result, you may only receive a return on your investment in our shares if the market price of our shares increases. Under BVI law, we may only pay dividends if we are solvent before and after the dividend payment in the sense that the value of our company’s assets exceeds its liabilities and that our company is able to pay its debts as they fall due.

Securities analysts may not publish favorable research or reports about our business or may publish no information at all, which could cause our share price or trading volume to decline.

The trading market will be influenced to some extent by the research and reports that industry or financial analysts publish about us and our business. We do not control these analysts. We may be slow to attract research coverage and the analysts who publish information about our shares will have had relatively little experience with us or our industry, which could affect their ability to accurately forecast our results and could make it more likely that we fail to meet their estimates. In the event we obtain securities or industry analyst coverage, if any of the analysts who cover us provide inaccurate or unfavorable research or issue an adverse opinion regarding our share price,