Company: APM
Filing Date: 2025-10-06
Form Type: S-4
Source: 0001213900-25-096656
Chunk: 305

Company: Aptorum Group Ltd
Filing Date: 2025-10-06
Form: S-4
Chunk 305
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 31, 2024, 2023 and 2022, respectively. These capital expenditures were incurred primarily for investments in facilities, leasehold improvements, equipment and technology. COMMITMENTS The following table sets forth our contractual obligations as of December 31, 2024.

|                             |     | Payment Due by Period |     |             |     |            |     |   |
| Total                       
 US$                         |     |             less than 
              one year 
                   US$ |     |      One to 
 three years 
         US$ |     |   Three to 
 five years 
        US$ |     |   |
| Operating lease commitments |     |               122,114 |     |      97,541 |     |     24,573 |     | — |
| Debt obligations            |     |             3,360,000 |     |   3,360,000 |     |          — |     | — |
| Total                       |     |             3,482,114 |     |   3,457,541 |     |     24,573 |     | — |

Operating lease commitments We have an operating lease for laboratory as of December 31, 2024. Operating lease commitments reflect our obligation to make payments under these operating leases. Debt obligations Debt obligations reflect outstanding principal and accrued interest payable to Jurchen Investment Corporation, the largest shareholder of the Company, pursuant to a convertible note arrangement. This instrument features a conversion option at a price of $2.42 per share into the Company’s Class A ordinary shares. It carries a two -yearmaturity from the date of issuance and bears an annual interest rate of 6%. The Group can access up to a total $12 million under a line of credit offered by Aeneas Group Limited. The line of credit was originally mature on August 12, 2022. The Group and Aeneas Group Limited has mutually agreed to extend the line of credit arrangement further 3 years to August 12, 2025. The interest on the outstanding principal indebtedness is at the rate of 8% per annum. The Group may early repay, in whole or in part, the principal indebtedness and all interest accrued at any time prior to the maturity date without the prior written consent of the lender and without payment of any premium or penalty. CONTINGENT PAYMENT OBLIGATIONS As of December 31, 2024, the Group does not have any non -cancellablepurchase commitments