Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 158

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 10
Chunk 158
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ITEM 10. ADDITIONAL INFORMATION

A. Share Capital

Our Restated Articles of Incorporation, as amended, authorize the Company
to issue up to 155,000,000 shares with a par value of $0.0001, consisting of 150,000,000 shares of Common Stock and 5,000,000 shares of
Preferred stock. As of date of this Annual Report, 4,040,952 shares of Common Stock are issued and outstanding and 1,470,000 of Preferred
Stock are issued and outstanding, consisting of 1,240,000 shares of Series A Preferred; 150,000 shares of Series C Preferred, 80,000 shares
of Series D Preferred. All of the shares of Series E Preferred Stock were converted into shares of Common Stock, and there are no outstanding
shares of Series E Preferred Stock.

B. Memorandum and Articles of Association

The following represents a summary of certain
key provisions of our articles of incorporation and bylaws. The summary does not purport to be a summary of all of the provisions of our
articles of incorporation and bylaws. For more complete information you should read our amended and restated articles of incorporation,
as amended, and bylaws, each listed as an exhibit to this report.

We were incorporated in the Marshall Islands
on January 26, 2012 under the Marshall Islands Business Corporations Act (“ BCA”). The purpose of the Company is to engage
in any lawful act or activity for which corporations may now or hereafter be organized under the BCA. Our amended and restated articles
of incorporation, as amended, and bylaws do not impose any limitations on the ownership rights of our stockholders.

Description of Common Stock

Each outstanding share of Common Stock entitles
the holder to one vote on all matters submitted to a vote of stockholders. Upon our dissolution, liquidation or winding up of the affairs
of the Company, after payment in full of all amounts required to be paid to creditors and to the holders of preferred stock having liquidation
preferences, if any, the holders or our Common Stock will be entitled to receive pro rata our remaining assets available for distribution.
Holders of Common Stock do not have conversion, redemption or preemptive rights to subscribe to any of our securities.

Preferred Stock.

Our Board of Directors is authorized, without
any further vote or action by our stockholders, to issue up to 5,000,000 shares of preferred stock in different classes and series