Company: APM
Filing Date: 2025-10-06
Form Type: S-4
Source: 0001213900-25-096656
Chunk: 23

Company: Aptorum Group Ltd
Filing Date: 2025-10-06
Form: S-4
Chunk 23
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 the Merger with DiamiR does not close, it may not be able to find a third party willing to provide equivalent or more attractive consideration than the consideration to be provided by each party in the Merger. In such circumstances, Aptorum’s board of directors may elect to, among other things, divest all or a portion of Aptorum’s business, and in such case, the consideration that Aptorum shareholders receive may be less attractive than the consideration to be received by Aptorum pursuant to the Merger Agreement. Q:Why is Aptorum proposing the Domestication? A:The Aptorum Board believes that there are significant advantages to the Combined Company that will arise as a result of a change of Aptorum’s domicile to the State of Delaware, including: (i) the prominence, predictability and flexibility of the DGCL; (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