Company: APM
Filing Date: 2025-10-06
Form Type: S-4
Source: 0001213900-25-096656
Chunk: 496

Company: Aptorum Group Ltd
Filing Date: 2025-10-06
Form: S-4
Chunk 496
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 Group assessed that the fair value option can better reflect the true value of Libra. Pursuant to ASC 825 — Financial Instruments (“ASC 825”), the Group elected to apply the fair value option for its investments in Libra and will remeasure its investments in Libra at fair value every reporting period. For the year ended December 31, 2023, the Group has determined that the carrying value of the investment is not recoverable and this condition is determined to be other -than-temporary. Consequently, an impairment for the investment of $ 77,200has been recognized as of June 30, 2025 and December 31, 2024. The Company’s involvement with Libra includes equity ownership as mentioned in above and also amounts due from Libra as disclosed in note 12. The primary risks associated with this involvement include potential financial losses due to Libra’s operational performance or inability to generate sufficient cash flows. The Company’s maximum exposure to loss resulting from its involvement with Libra is nilfor the year ended December31, 2024 and $ 961for the year ended December31, 2023 which was the amount due from Libra. Assets Measured at Fair Value on a Recurring Basis The assets and liabilities carried at fair value measured on a recurring basis as of June30, 2025 and December31, 2024 were $ niland $ nilrespectively. During the six months ended June30, 2025 and 2024, there were no movement in Level 3 assets measured and recorded at fair value on a recurring basis.

5. OTHER RECEIVABLES AND PREPAYMENTS

Other receivables and prepayments as of June 30, 2025 and December 31, 2024 consisted of:

|                     |     |            | June 30, 
     2025 |     |   | December 31, 
         2024 |
|:--------------------|:----|:-----------|---------:|:----|:--|-------------:|
|                     |     | -Unaudited |          |     |   |              |
| Prepaid insurance   |     |            |   93,844 |     |   |       17,794 |
| Prepaid service fee |     |            |   60,393 |     |   |       50,538 |
| Rental deposits     |     |            |   75,221 |     |   |        4,206 |
|