Company: APM
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001213900-25-037669
Chunk: 194

Company: Aptorum Group Ltd
Filing Date: 2025-04-30
Form: 20-F
Item: Item 8
Chunk 194
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Item 8. FINANCIAL INFORMATION

A. Consolidated Statements and Other Financial
Information

We have appended consolidated
financial statements filed as part of this annual report.

Legal Proceedings

From time to time, we are
subject to legal proceedings, investigations and claims incidental to the conduct of our business.

On December 16, 2024, the
Company received a letter from Carey Olsen with a Summons with Notice dated September 3, 2024, taken out by Karen Cheung (a/k/a Wing TSZ
Cheung) as plaintiff against, among others, the Company as defendant in the Supreme Court of the State of New York County of New York,
in relation to an action to recover financial losses sustained by the plaintiff (the “ Case”). The Case is at the very early
stages of litigation and although we intend to defend the lawsuit, there can be no assurance regarding the ultimate outcome of this case.
Due to the inherent uncertain nature of litigation, the ultimate outcome or actual cost of settlement may materially vary from estimates.
If management’s estimates prove incorrect, current reserves could be inadequate and we could incur a charge to earnings which could
have a material adverse effect on our results of operations, financial condition, net worth, and cash flows.

Dividend Policy

We have never declared or
paid cash dividends to our shareholders, and we do not intend to pay cash dividends in the foreseeable future. We intend to reinvest any
earnings in developing and expanding our business. Any future determination relating to our dividend policy will be at the discretion
of our Board of Directors and will depend on a number of factors, including future earnings, our financial condition, operating results,
contractual restrictions, capital requirements, business prospects, our strategic goals and plans to expand our business, applicable law
and other factors that our Board of Directors may deem relevant.

Under Cayman Islands law,
dividends may be declared and paid only out of funds legally available therefor, namely out of either profit or our share premium account,
and provided further that a dividend may not be paid if this would result in our Company being unable to pay its debts as they fall due
in the ordinary course of business.

B. Significant Changes

Except as disclosed elsewhere
in this annual report, we have not experienced any significant changes since the date of our audited consolidated financial statements
included in this annual report.

Item 9. THE OFFER AND LISTING