Company: APM
Filing Date: 2025-11-17
Form Type: F-1
Source: 0001213900-25-111548
Chunk: 252

Company: Aptorum Group Ltd
Filing Date: 2025-11-17
Form: F-1
Chunk 252
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. The 2023 Notes have a 4% interest rate per annum, compounded monthly. The 2023 Notes are convertible, at the option of the holder, upon DiamiR’s next equity financing involving the Company’s sale of its equity securities to third party investors, including upon the closing of this Offering. Upon conversion, all unpaid principal and accrued unpaid interest on the 2023 Notes will be exchanged for DiamiR’s securities at the lowest per Share price for securities sold to third parties in the next equity financing. Between March 2023 and April 2025, DiamiR amended and restated Kira Sheinerman’s note from time to time, to reflect additional loans during the period. Founder loans amounted to $200,000 and $300,000 in the years ended May 31, 2024 and 2025, respectively. As of May 31, 2025, the total amount outstanding under both founder notes was $957,622, including accrued interest. There are no agreements with the founders with regard to any future financing. 149 Cash Flows DiamiR’s net cash flow from operating, investing and financing activities for the periods below were as follows:

|                                           |     | For the Years Ended 
 May 31,             
 2025                |          |   |     | May 31, 
 2024    |          |   |
|:------------------------------------------|:----|:--------------------|---------:|:--|:----|:--------|---------:|:--|
| Net cash (used in) provided by:           |     |                     |          |   |     |         |          |   |
| Operating activities                      |     | $                   | (313,440 | ) |     | $       | (308,914 | ) |
| Investing Activities                      |     |                     |        — |   |     |         |   (1,278 | ) |
| Financing activities                      |     |                     |  300,000 |   |     |         |  200,000 |   |
| Net decrease in cash and cash equivalents |     | $                   |  (13,440 | ) |     | $       | (110,192 | ) |

Operating Activities Net cash used in operating activities for the year ended May 31, 2025 were comparable to the prior period as lower revenue was offset by lower costs. An increase in the Company’s net loss was offset by the collection of unbilled revenue and