Company: APM
Filing Date: 2025-12-05
Form Type: 424B5
Source: 0001213900-25-118752
Chunk: 383

Company: Aptorum Group Ltd
Filing Date: 2025-12-05
Form: 424B5
Chunk 383
---
 to vote, unless the certificate of incorporation provides otherwise. As permitted
by the Companies Law, each of our Memorandum of Association and Articles of Association may only be amended with a special resolution
of our shareholders.

Rights of Non-resident or Foreign Shareholders. There are no limitations imposed by our Memorandum and Articles on the rights of non-resident or
foreign shareholders to hold or exercise voting rights on our shares. In addition, there are no provisions in our Memorandum and Articles
governing the ownership threshold above which shareholder ownership must be disclosed.

Rule 144

Shares Held for Six Months

In general, under Rule 144
as currently in effect, and subject to the terms of any lock-up agreement, commencing 90 days after the closing of the IPO, a person (or
persons whose shares are aggregated), including an affiliate, who has beneficially owned our Class A Ordinary Shares for six months or
more, including the holding period of any prior owner other than one of our affiliates (i.e., commencing when the shares were acquired
from our Company or from an affiliate of our Company as restricted securities), is entitled to sell our shares, subject to the availability
of current public information about us. In the case of an affiliate shareholder, the right to sell is also subject to the fulfillment
of certain additional conditions, including manner of sale provisions and notice requirements, and to a volume limitation that limits
the number of shares to be sold thereby, within any three-month period, to the greater of:

| ● | 1% of the number of Class A Ordinary Shares then outstanding; or                                                                                                                                    |
| ● | the average weekly trading volume of our Class A Ordinary Shares on the Nasdaq Capital Market during the four calendar weeks preceding the filing of a notice on Form 144 with respect to the sale. |

The six-month holding period
of Rule 144 does not apply to sales of unrestricted securities. Accordingly, persons who hold unrestricted securities may sell them under
the requirements of Rule 144 described above without regard to the six-month holding period, even if they were considered our affiliates
at the time of the sale or at any time during the 90 days preceding such date.

Shares Held by Non-Affiliates for One Year

Under Rule 144 as currently
in effect, a person (or persons whose shares are aggregated) who is not considered to have been one of our affiliates at any time during
the 90 days preceding a sale and who has beneficially owned the shares