Company: MAGH
Filing Date: 2025-07-18
Form Type: F-1/A
Source: 0001641172-25-020173
Chunk: 32

Company: Magnitude International Ltd
Filing Date: 2025-07-18
Form: F-1/A
Chunk 32
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 contracts also tend to be more onerous and are often more difficult 
 to negotiate. For example, these contracts often contain high or unlimited liability for         
 breaches and feature less favorable payment terms and sometimes require us to take on liability  
 for the performance of third parties.                                                            |

| ● | Government                                                                                     
 entities typically fund projects through appropriated monies. While these projects are often   
 planned and executed as multi-year projects, government entities usually reserve the right     
 to change the scope of or terminate these projects for lack of approved funding and/or at      
 their convenience. Changes in government or political developments, including budget deficits, 
 shortfalls or uncertainties, government spending reductions or other debt constraints could    
 result in our projects being reduced in price or scope or terminated altogether.               |

| ● | Political                                                                                         
 and economic factors, such as pending elections, the outcome of recent elections, changes         
 in leadership among key executive or legislative decision makers, revisions to governmental       
 tax or other policies and reduced tax revenues, can affect the number and terms of new government 
 contracts signed or the speed at which new contracts are signed, decrease future levels of        
 spending and authorizations for programs that we bid, shift spending priorities to programs       
 in areas for which we do not provide services and/or lead to changes in enforcement or how        
 compliance with relevant rules or laws is assessed.                                               |

All these could have a material adverse effect on our business or our results of operations.

| 22 |

Our executive officers have no prior experience in operating a U.S. public company, and their inability to operate the public company aspects of our business could harm us.

Our executive officers have no experience in operating a U.S. public company, which makes our ability to comply with applicable laws, rules and regulations uncertain. Our failure to comply with all laws, rules and regulations applicable to U.S. public companies could subject us or our management to regulatory scrutiny or sanction, which could harm our reputation and share price.

If we fail to implement and maintain an effective system of internal controls, we may be unable to accurately or timely report our results of operations or prevent fraud, and investor confidence and the market price of our Ordinary Shares may be materially and adversely affected.

Prior to this offering, we were a private company with limited accounting personnel resources. Furthermore, prior to this offering, our management has not performed an assessment of the effectiveness of our internal control over financial reporting, and our independent registered public accounting firm has not conducted an audit of our internal control over financial reporting. Effective internal control over financial reporting