Company: MEGL
Filing Date: 2025-06-27
Form Type: F-1/A
Source: 0001641172-25-016831
Chunk: 66

Company: Magic Empire Global Ltd
Filing Date: 2025-06-27
Form: F-1/A
Chunk 66
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 the share price of our Class A ordinary shares. If we were deemed to be an unregistered investment company, the SEC may bring enforcement actions against the us for violating the 1940 Act and this could include fines, penalties, or cease-and-desist orders, which could adversely affect our results of operations, our ability to enforce certain contracts, financial condition, and ability to conduct business and the share price of our Class A ordinary shares.

Our dual-class voting structure will limit your ability to influence corporate matters and could discourage others from pursuing any change of control transactions that holders of our Class B ordinary shares may view as beneficial.

We have a dual-class voting structure consisting of Class A ordinary shares and Class B ordinary shares. Based on our dual-class voting structure, holders of Class A ordinary shares will be entitled to one (1) vote per share in respect of matters requiring the votes of shareholders, while holders of Class B ordinary shares will be entitled to twenty (20) votes per share. Due to the disparate voting powers associated with our two classes of ordinary shares, our directors and officers will hold in aggregate approximately 55.4% or more of voting power of our Company immediately following the completion of this offering. Their interests may not coincide with your interests, and it may make decisions with which you disagree, including decisions on important topics such as the composition of the board of directors, compensation, management succession, and our business and financial strategy.

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Future issuances of our Class B Ordinary Shares may be dilutive to the voting power of our Class A Ordinary Shareholders.

Future issuances
of our Class B Ordinary Shares, which can be approved by our Board of Directors, could result in dilution to existing holders of
our Class A Ordinary Shares. Such issuances, or the perception that such issuances may occur, could depress the market price of
the Class A Ordinary Shares.

In addition, there
might be impact of the conversion of Class B Ordinary Shares on holders of Class A Ordinary Shares, including dilution and
the reduction in aggregate voting power, as well as the potential increase in the relative voting power if any holder of the Class B
Ordinary Shares retains their shares.

Our directors, officers and principal shareholders have significant voting power and may take actions that may not be in the best interests of our other shareholders.

As of the date
of this prospectus, our directors, officers and principal shareholders held in aggregate 52.1% of our total issued and outstanding shares,
representing approximately 89.9