Company: MEGL
Filing Date: 2025-06-09
Form Type: F-1/A
Source: 0001641172-25-014301
Chunk: 191

Company: Magic Empire Global Ltd
Filing Date: 2025-06-09
Form: F-1/A
Chunk 191
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 (File No. 333-264575) for the IPO, originally filed with the U.S. Securities and Exchange Commission (the “Commission”) on April 29, 2022 (as amended, the “Registration Statement”) was declared effective by the Commission on August 4, 2022. On August 10, 2022, the Company completed its IPO and listed its Ordinary Shares on the Nasdaq Capital Market under the symbol “MEGL”.

With the above IPO, the Company received total gross proceeds of HK$156,030,000 (US$20,000,000). After deducting a sum of HK$15,492,241 (US$1,985,803) in underwriting commission and other expenses, the Company received a total net proceeds of HK$140,537,759 (US$18,014,197).

On August 12, 2022, the underwriter exercised its warrants in full and the Company issued a total of 256,099 ordinary shares with no cash consideration on August 26, 2022.

On November 29, 2023, the shareholders
of the Company resolved and approved to amend the maximum number of shares the company was authorized to issue to become 600,000,000
shares with a par value of US$0.0001 each divided into (i) 300,000,000 ordinary shares with a par value of US$0.0001 each and (ii) 300,000,000
non-voting ordinary shares with a par value of US$0.0001 each. Each of the ordinary shares and non-voting ordinary shares had the right
to an equal share in any dividend paid by the Company and the right to an equal share in the distribution of the surplus assets of the
Company. However, each ordinary share had the right to one vote on any resolution and each non-voting ordinary share had no right to
vote on any resolutions. On December 4, 2023, the Company filed the Second Amended and Restated Memorandum and Articles of Association
with the Registrar of the British Virgin Islands.

On November 29, 2024, the shareholders of the Company resolved and approved to amend the maximum number of shares the company was authorized to issue to become 600,000,000 shares, with no par value, each divided into (i) 280,000,000 Class A ordinary shares; (ii) 20,000,000 Class B ordinary shares