Company: MAGH
Filing Date: 2025-01-02
Form Type: DRS
Source: 0001493152-25-000010
Chunk: 7

Company: Magnitude International Ltd
Filing Date: 2025-01-02
Form: DRS
Chunk 7
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Risks Relating to Doing Business in Singapore

| ● | It                                                                                         
 may be difficult for you to enforce any judgment obtained in the United States against us, 
 our directors, executive officers or our affiliates.                                       |

| ● | The                                                                                                 
 ability of our subsidiary in Singapore to distribute dividends to us may be subject to restrictions 
 under applicable laws.                                                                              |

| ● | Any                                                                                            
 adverse material changes to the Singapore market (whether localized or resulting from economic 
 or other conditions) such as the occurrence of an economic recession, pandemic or widespread   
 outbreak of an infectious disease, could have a material adverse effect on our business,       
 results of operations and financial condition.                                                 |

Risks Relating to Our Ordinary Shares and This Offering

| ● | An                                                                                          
 active trading market for our Ordinary Shares may not be established or, if established,    
 may not continue and the trading price for our Ordinary Shares may fluctuate significantly. |

| ● | We                                                                                                 
 may not maintain the listing of our Ordinary Shares on Nasdaq which could limit investors’         
 ability to make transactions in Ordinary Shares and subject us to additional trading restrictions. |

| ● | Our                                                                                                   
 corporate actions are significantly influenced by our directors, officers and principal shareholders, 
 who have the ability to exert significant influence over important corporate matters that             
 require approval of shareholders while their interests may differ from those of the other             
 shareholders.                                                                                         |

| ● | The                                                                                            
 trading price of our Ordinary Shares may be volatile, which could result in substantial losses 
 to investors.                                                                                  |

| ● | If                                                                                        
 securities or industry analysts do not publish research or reports about our business, or 
 if they adversely change their recommendations regarding our Shares, the market price for 
 our Ordinary Shares and trading volume could decline.                                     |

| ● | The                                                                                        
 sale or availability for sale of substantial amounts of our Ordinary Shares including the  
 Ordinary Shares held by our Resale Shareholders that are being registered concurrently for 
 resale in the Resale Prospectus could adversely affect their market price.                 |

| ● | Certain                                                                                         
 recent initial public offerings of companies with public floats comparable to our anticipated   
 public float have experienced extreme volatility that was seemingly unrelated to the underlying 
 performance of the respective company. We may experience similar volatility, which may make     
 it difficult for prospective investors to assess the value of our Ordinary Shares.              |

| ● | Short                                                           
 selling may drive down the market price of our Ordinary Shares. |

| ● | Because                                                                                          
 we do not expect