Company: APM
Filing Date: 2025-12-05
Form Type: 424B5
Source: 0001213900-25-118752
Chunk: 20

Company: Aptorum Group Ltd
Filing Date: 2025-12-05
Form: 424B5
Chunk 20
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 in the
Purchase Agreement that it would not issue any Class A Ordinary Shares, or securities exercisable or convertible into Class A Ordinary
Shares for thirty (30) calendar days following the closing of the October 2025 Offering, subject to certain exceptions.

Concurrently with the execution
of the Purchase Agreement, the officers and directors of the Company entered into lock-up agreements (the “Lock-Up Agreement”)
pursuant to which they have agreed, among other things, not to sell or dispose of any Ordinary Shares which are or will be beneficially
owned by them for thirty (30) days following the closing of the October 2025 Offering.

H.C. Wainwright & Co.,
LLC, acted as the exclusive placement agent (the “Placement Agent”), in connection with the October 2025 Offering.
The Company agreed to pay the Placement Agent an aggregate fee equal to 7.0% of the gross proceeds raised in the October 2025 Offering.
The Company will also pay the Placement Agent a management fee equal to 1.0% of the gross proceeds raised in the October 2025 Offering,
$5,000 for non-accountable expenses, up to $50,000 for expenses of legal counsel and other out-of-pocket expenses and $10,000 for clearing
fees all associated with the October 2025 Offering. We also issued the Placement Agent’s designees warrants (the “Placement
Agent Warrants”) to purchase up to 60,000 Class A Ordinary Shares, at an exercise price equal to $2.50 per share. The Placement
Agent Warrant are exercisable immediately upon issuance on October 1, 2025 and expire on the earlier of 24 months from the effective date
of this registration statement or October 10, 2030

After deducting fees due to
the Placement Agent and our estimated offering expenses, we expect the net proceeds from the October 2025 Offering to be approximately
$1.725 million.

Registered Direct Offering

On January 2, 2025, the Company
entered into a certain securities purchase agreement (the “Securities Purchase Agreement”) with certain non-affiliated institutional
investors pursuant to which the Company sold 1,535,000 Class A Ordinary Shares of the Company, par value $0.00001 per share at a per share
price of $2.00 for gross proceeds of $3,070,000 in a registered direct offering under the Company’s existing shelf registration
statement on Form F