Company: APM
Filing Date: 2025-07-15
Form Type: DRS
Source: 0001213900-25-063899
Chunk: 341

Company: Aptorum Group Ltd
Filing Date: 2025-07-15
Form: DRS
Chunk 341
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information anticipated as of the Merger Closing, regarding beneficial ownership of 5% or more of Aptorum Delaware’s common stock
by: (i) each person known to Aptorum Delaware who beneficially owns more than five percent of Aptorum Delaware’s common stock;
(ii) each of the expected officers and directors of the combined company. The following table assumes (i) Merger Closing will occur concurrently
with the consummation of this financing on [ ], 2025; (i) [ ] shares of Aptorum Delaware Common Stock will be issued in this offering
(assuming a $[ ] million financing and based on the closing price of Aptorum Delaware Common Stock of $[ ] on [ ], 2025) and (ii) conversion
of [ ].

We have determined beneficial
ownership in accordance with the rules of the SEC. These rules generally attribute beneficial ownership of securities to persons who possess
sole or shared voting power or investment power with respect to those securities. In addition, the rules include shares of common stock
issuable pursuant to the exercise of stock options that are either immediately exercisable or exercisable within 60 days after [ ], 2025.
These shares are deemed to be outstanding and beneficially owned by the person holding those options for the purpose of computing the
percentage ownership of that person, but they are not treated as outstanding for the purpose of computing the percentage ownership of
any other person. The shares in the tables does not, however, constitute an admission that the named stockholder is a direct or indirect
beneficial owner of those shares.

| Name and Address                      |     | Beneficial Ownership |     | Percent of Class(1) |
| Stockholders of 5% or more            |     | -                    |     | -                   |
| Officers and Directors                |     |                      |     |                     |
| All Directors and Officers as a group |     |                      |     |                     |

<div align='center'>184

SHARES ELIGIBLE FOR FUTURE SALE</div>

Future sales of substantial
amounts of our Class A Ordinary Shares, including shares issued upon exercise of outstanding options and warrants, in the public market
after this Offering could adversely affect market prices prevailing from time to time and could impair our ability to raise capital through
the sale of our equity securities.

Upon the completion of this
Offering, based on the number of shares outstanding as of [ ], 2025, we will have [ ] Class A Ordinary Shares outstanding. Of these outstanding