Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 254

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 19
Chunk 254
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its financial position, results of operations or liquidity. As of December 31, 2024, the Company has no significant outstanding litigation.

  34.      EVENTS AFTER THE BALANCE SHEET  

The Company evaluated subsequent events
and transactions that occurred after the balance sheet date up to the date that the financial statements were available to be issued.
Based on the review, the Company did not identify any material subsequent event that is required disclosure except as disclosed below
and elsewhere in the consolidated financial statements.

On January 8, 2025, the Company’s
Common Stock began trading on the Nasdaq Capital Market (“ Nasdaq”) under its new name, JX Luxventure Group Inc.,
and effective on a one-for-four (1-for-4) reverse stock split of its ordinary shares.

As of April 3, 2025, all of the remaining
preferred E shares have been converted into the Company’s Common Stock.

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F-43