Company: MEGL
Filing Date: 2025-05-09
Form Type: F-1
Source: 0001641172-25-009448
Chunk: 191

Company: Magic Empire Global Ltd
Filing Date: 2025-05-09
Form: F-1
Chunk 191
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 Financial Securities, Inc. and Alexander Capital, L.P. as underwriters named thereof, in connection with its initial public offering (“IPO”) of 5,000,000 Ordinary Shares at a price of $4.00 per share. The Company’s Registration Statement on Form F-1 (File No. 333-264575) for the IPO, originally filed with the U.S. Securities and Exchange Commission (the “Commission”) on April 29, 2022 (as amended, the “Registration Statement”) was declared effective by the Commission on August 4, 2022.

The Company issued Representative’s Warrants to purchase up to 500,000 Ordinary Shares at $6.00 per share, dated August 9, 2022, to Network 1 Financial Securities, Inc. On August 12, 2022, the underwriter exercised its Representative’s Warrants in full and the Company issued a total of 256,099 ordinary shares with no cash consideration on August 26, 2022.

On November 29, 2023, the
shareholders of the Company resolved and approved to amend the maximum number of shares the company was authorized to issue to become
600,000,000 shares with a par value of US$0.0001 each divided into (i) 300,000,000 ordinary shares with a par value of US$0.0001 each
and (ii) 300,000,000 non-voting ordinary shares with a par value of US$0.0001 each. Each of the ordinary shares and non-voting ordinary
shares had the right to an equal share in any dividend paid by the Company and the right to an equal share in the distribution of the
surplus assets of the Company. However, each ordinary share had the right to one vote on any resolution and each non-voting ordinary
share had no right to vote on any resolutions. On December 4, 2023, the Company filed the Second Amended and Restated Memorandum and
Articles of Association with the Registrar of the British Virgin Islands.

On November 29, 2024, the shareholders of the Company resolved and approved to amend the maximum number of shares the company was authorized to issue to become 600,000,000 shares with no par value each divided into (i) 280,000,000 Class A ordinary shares; (ii) 20,000,000 Class B ordinary shares; and (iii) 300,000,