Company: MAGH
Filing Date: 2025-01-02
Form Type: DRS
Source: 0001493152-25-000010
Chunk: 161

Company: Magnitude International Ltd
Filing Date: 2025-01-02
Form: DRS
Chunk 161
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 Shares offered by this prospectus is completed, rules of the SEC may limit the ability of the underwriter to bid for and to purchase our Ordinary Shares. As an exception to these rules, the underwriter may engage in transactions effected in accordance with Regulation M under the Exchange Act that are intended to stabilize, maintain or otherwise affect the price of our Ordinary Shares. The underwriter may engage in over-allotment sales, syndicate covering transactions, stabilizing transactions and penalty bids in accordance with Regulation M.

| ● | Stabilizing                                                                                  
 transactions consist of bids or purchases made by the managing underwriter for the purpose   
 of preventing or slowing a decline in the market price of our securities while this offering 
 is in progress.                                                                              |

| 131 |

| ● | Short                                                                                            
 sales and over-allotments occur when the managing underwriter, on behalf of the underwriting     
 syndicate, sells more of our shares than they purchase from us in this offering. In order        
 to cover the resulting short position, the managing underwriter may engage in syndicate covering 
 transactions. There is no contractual limit on the size of any syndicate covering transaction.   
 The underwriter will deliver a prospectus in connection with any such short sales. Purchasers    
 of shares sold short by the underwriter are entitled to the same remedies under the federal      
 securities laws as any other purchaser of units covered by the registration statement.           |
| ● | Syndicate                                                                                        
 covering transactions are bids for or purchases of our securities on the open market by the      
 managing underwriter on behalf of the underwriter in order to reduce a short position incurred   
 by the managing underwriter on behalf of the underwriter.                                        |
| ● | A                                                                                                
 penalty bid is an arrangement permitting the managing underwriter to reclaim the selling         
 concession that would otherwise accrue to an underwriter if the Ordinary Shares originally       
 sold by the underwriter were later repurchased by the managing underwriter and therefore         
 was not effectively sold to the public by such underwriter.                                      |

Stabilization, syndicate covering transactions and penalty bids may have the effect of raising or maintaining the market price of our Ordinary Shares or preventing or retarding a decline in the market price of our Ordinary Shares. As a result, the price of our Ordinary Shares may be higher than the price that might otherwise exist in the open market.

Neither we nor the underwriter make any representation or prediction as to the effect that the transactions described above may have on the prices of our Ordinary Shares. These transactions may occur