Company: APM
Filing Date: 2025-12-05
Form Type: 424B5
Source: 0001213900-25-118752
Chunk: 394

Company: Aptorum Group Ltd
Filing Date: 2025-12-05
Form: 424B5
Chunk 394
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ively received, regardless of whether the dividend is in fact converted into U.S. dollars. If the dividend is converted to U.S.
dollars on the date of receipt, a U.S. Holder generally will not recognize a foreign currency gain or loss. If the non-U.S. currency is
converted into U.S. dollars on a later date, however, the U.S. Holder must include in income any gain or loss resulting from any exchange
rate fluctuations. Such gain or loss will generally be ordinary income or loss and will be from sources within the United States for foreign
tax credit limitation purposes. U.S. Holders should consult their own tax advisors regarding the tax consequences to them if we pay dividends
in non-U.S. currency.

Sale or Other Taxable Disposition of Shares

Subject to the discussion
below under “Passive Foreign Investment Company (PFIC) Rules,” gain or loss realized on the sale or other taxable disposition
of Class A Ordinary Shares and warrants will be capital gain or loss, and will be long-term capital gain or loss if the U.S. Holder held
the Class A Ordinary Shares for more than one year. The amount of the gain or loss will equal the difference between the U.S. Holder’s
tax basis in the Class A Ordinary Shares disposed of and the amount realized on the disposition. Long-term capital gain of a non-corporate
U.S. Holder is generally taxed at preferential rates. This gain or loss will generally be U.S.-source gain or loss for foreign tax credit
purposes. The deductibility of capital losses is subject to limitations. U.S. Holders are urged to consult their tax advisors regarding
the tax consequences if a foreign tax is imposed on the disposition of Class A Ordinary Shares, including the availability of the foreign
tax credit under an investor’s own particular circumstances.

A U.S. Holder that receives
non-U.S. currency on the disposition of the Class A Ordinary Shares will realize an amount equal to the U.S. dollar value of the foreign
currency received on the date of disposition (or in the case of cash basis and electing accrual basis taxpayers, the settlement date)
whether or not converted into U.S. dollars at that time. Generally, the U.S. Holder will recognize currency gain or loss if the U.S. dollar
value of the currency received on the settlement date differs from the amount realized with respect to the Class A Ordinary Shares. Any
currency gain or loss on the settlement date or on any subsequent disposition