Company: APM
Filing Date: 2025-11-17
Form Type: F-1
Source: 0001213900-25-111548
Chunk: 413

Company: Aptorum Group Ltd
Filing Date: 2025-11-17
Form: F-1
Chunk 413
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 and financing milestones. As of May 31, 2025, 600,000shares remain available for future grant under the 2024 Stock Option Plan. The number of shares available under the 2024 Stock Option Plan will increase by 2% per year or such lower number of shares as may be determined by the Company’s board of directors.

The following is an analysis of the stock option activity under the Plans:

|                          |     | Number |          |   |     | Weighted 
 Average  
 Exercise 
 Price    |      |     | Weighted  
 Average   
 Remaining 
 Life      |
|:-------------------------|:----|:-------|---------:|:--|:----|:---------|-----:|:----|:----------|
| Outstanding May 31, 2023 |     |        |  557,450 |   |     | $        | 6.04 |     |           |
| Granted                  |     |        |  153,000 |   |     |          | 0.01 |     |           |
| Exercised                |     |        |        — |   |     |          |    — |     |           |
| Expired or forfeited     |     |        | (198,500 | ) |     |          | 4.95 |     |           |
| Outstanding May 31, 2024 |     |        |  511,950 |   |     | $        | 4.66 |     |           |
| Granted                  |     |        |        — |   |     |          |    — |     |           |
| Exercised                |     |        |        — |   |     |          |    — |     |           |
| Expired or forfeited     |     |        |        — |   |     |          |    — |     |           |
| Outstanding May 31, 2025 |     |        |  511,950 |   |     | $        | 4.66 |     | 5.5 years |
| Exercisable May 31, 2025 |     |        |  263,450 |   |     | $        | 4.96 |     | 4.0 years |

The weighted average grant-date fair value of stock options granted during the years ended May 31, 2024 was $ 7.00, based on the following weighted average assumptions:

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