Company: APM
Filing Date: 2025-07-15
Form Type: DRS
Source: 0001213900-25-063899
Chunk: 142

Company: Aptorum Group Ltd
Filing Date: 2025-07-15
Form: DRS
Chunk 142
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 impaired, requiring DiamiR to take a charge to earnings which could be significant.                                                                                                                                                                                                                                                                                   |

A failure to successfully
integrate acquired businesses or technology could, for any of these reasons, have an adverse effect on DiamiR’s financial condition
and results of operations.

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DiamiR’s operations are dependent upon its key personnel. If such personnel were to leave unexpectedly, DiamiR may not be able to execute its business plan.

DiamiR’s future performance
depends in significant part upon the continued service of its key scientists and senior management personnel, many of whom have been with
it for a significant period of time. These personnel have acquired specialized knowledge and skills with respect to DiamiR’s business.
Because at the time of this filing DiamiR has have 4 full-time employees and 3 part-time employees, DiamiR believes that it has a relatively
small number of employees when compared to other leading companies in its industry, its dependence on maintaining its relationships with
key employees is particularly significant. DiamiR is also dependent on its ability to attract high quality personnel, particularly in
the areas of sales and applications development.

The industry in which DiamiR
operates is characterized by a high level of employee mobility and aggressive recruiting of skilled personnel. There can be no assurance
that DiamiR’s current employees will continue to work for it. Loss of services of key employees could have an adverse effect on
DiamiR’s business, results of operations and financial condition. Furthermore, DiamiR may need to grant additional equity incentives
to key employees and provide other forms of incentive compensation to attract and retain such key personnel. Equity incentives may be
dilutive to DiamiR’s per share financial performance. Failure to provide such types of incentive compensation could jeopardize DiamiR’s
recruitment and retention capabilities.

DiamiR has identified material weaknesses in its internal control over financial reporting which, if not corrected, could affect the reliability of its financial statements, and have other adverse consequences.

DiamiR is a private company
with limited accounting personnel and other resources with which to address its internal controls and procedures. It believes its current
systems and internal controls are sufficient to ensure that its financial reporting is accurate at this stage of its operations.

In connection with the audits
of DiamiR’s financial statements for the years ended May 31, 2024 and 2023, material weaknesses in its internal control over financial
reporting