Company: APM
Filing Date: 2025-07-15
Form Type: DRS
Source: 0001213900-25-063906
Chunk: 17

Company: Aptorum Group Ltd
Filing Date: 2025-07-15
Form: DRS
Chunk 17
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CL; (ii) Delaware’s well -establishedprinciples of corporate governance; and (iii) the increased ability for Delaware corporations to attract and retain qualified directors. Further, the Aptorum Board believes that any direct benefit that the DGCL provides to a corporation also indirectly benefits its stockholders, who are the owners of the corporation. Each of the foregoing are discussed in greater detail in the section of this proxy statement/prospectus entitled “The Domestication Proposal — Reasons for the Domestication.”
To effect the Domestication, Aptorum will file an application to deregister with the Cayman Islands Registrar of Companies, together with the necessary accompanying documents and fees, and file the Certificate of Incorporation and a certificate of corporate domestication with the Secretary of State of the State of Delaware, under which Aptorum will be domesticated and continue as a Delaware corporation. The approval of the Domestication Proposal is a condition to closing the Merger under the Merger Agreement. The approval of the Domestication Proposal requires a special resolution, being the affirmative vote of holders of at least two -thirdsof the votes cast by the holders of Aptorum Class A ordinary shares and Aptorum Class B ordinary shares, voting as a class, being present in person or by proxy and entitled to vote at the Special Meeting, vote at the Special Meeting. Abstentions and broker non -votes, while considered present for the purposes of establishing a quorum, will not count as votes cast at the Special Meeting. Q:What proposals will be voted on at the Special Meeting? A: • Proposal No. 1 —Approve, by an ordinary resolution a share consolidation of the Company’s Class A Ordinary Shares and Class B Ordinary Shares, par value US$0.00001 per share, each in the authorized share capital of the Company (including issued and unissued share capital) at a ratio of [2 -1] or [3 -1] or [4 -1] or [5 -1] or [6 -1] or [7 -1] or [8 -1] or [9 -1] or [10 -1], with the exact ratio to be selected at the sole discretion of the Company’s Board by the day immediately prior to the effective date of the Domestication (as hereinafter defined) (the “Share Consolidation Proposal,” “Reverse Stock Proposal” or “Proposal No. 1”); iv • Proposal No. 2 —Approve, by special resolution, Aptorum be de -register