Company: MEGL
Filing Date: 2025-07-11
Form Type: F-1/A
Source: 0001641172-25-018709
Chunk: 157

Company: Magic Empire Global Ltd
Filing Date: 2025-07-11
Form: F-1/A
Chunk 157
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 by the placement agent to purchase any of our securities, and the placement agent will have no authority to bind us by virtue of the placement agency agreement. Further, the placement agent does not guarantee that it will be able to raise new capital in any prospective offering. The placement agent may engage sub-agents or selected dealers to assist with this offering.

Commissions and Expenses

The following table shows the total placement agent’s commissions we will pay in connection with the sale of the securities in this offering, assuming the purchase of all the securities we are offering.

|                                |     | Per share of           
 Class A ordinary share |         |     | Total              
 (maximum offering) |             |
|:-------------------------------|:----|:-----------------------|:--------|:----|:-------------------|:------------|
| Public                         
 offering price                 |     | $                      | [0.54]  |     |                    | [8,100,000] |
| Placement                      
 agent commission               |     | $                      | [0.024] |     |                    | [364,500]   |
| Proceeds                       
 to our company before expenses |     | $                      | [0.516] |     |                    | [7,735,500] |

We have agreed to pay to the Placement Agent commissions equal to 4.5% of the aggregate gross proceeds raised in this offering. We have agreed to pay to the placement agent by deduction from the net proceeds of this offering a non-accountable expense allowance equal to 0.5% of the gross proceeds raised in this offering for its non-accountable expenses. We have also agreed to pay or reimburse the placement agent up to $100,000 for its actual and accountable out-of-pocket expenses related to the offering, including any fees and disbursements of the placement agent’s U.S. and local legal counsels, third-party expenses, and travel and communications costs in connection with the offering.

We estimate that the total expenses of the offering, including registration, filing, and listing fees, printing fees, and legal and accounting expenses, but excluding Placement Agents fees and expenses, will be approximately $75,457, all of which are payable by us.

Lock Up Agreements

We agree that, subject to certain exceptions, we will not without the prior written consent of the Placement Agents, during the 180 days after the closing of this offering:

● offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to