Company: MAGH
Filing Date: 2025-09-15
Form Type: 20-F
Source: 0001493152-25-013424
Chunk: 180

Company: Magnitude International Ltd
Filing Date: 2025-09-15
Form: 20-F
Item: Item 19
Chunk 180
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 and SGD1,100,000 respectively for the financial year ended April 30, 2025

30. Events after reporting period

The
Group evaluated all events and transactions that from April 30, 2025 up through September 15, 2025 which is the date that these consolidated
financial statements are available to be issued, there were no other any material subsequent events that require disclosure in these consolidated
financial statements except below:

On May 27, 2025, for purposes of recapitalization
in anticipation of the initial public offering, the Company amended its memorandum of association to effect a 1:40 forward share split
and changed the authorized share capital to USD500,000divided into20,000,000,000ordinary shares with a par value of USD0.000025each
(Note 1).

On August 13, 2025, the Company completed
its initial public offering. In this offering, the Company issued1,650,000ordinary shares at a price of USD4.00per share.
The Company received gross proceeds in the amount of US$6,600,000before deducting any underwriting discounts or expenses. The ordinary
shares began trading on August 13, 2025 on the Nasdaq Capital Market under the ticker symbol “ MAGH”.

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