Company: MAGH
Filing Date: 2025-09-15
Form Type: 20-F
Source: 0001493152-25-013424
Chunk: 27

Company: Magnitude International Ltd
Filing Date: 2025-09-15
Form: 20-F
Item: Item 3
Chunk 27
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.

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

The
trading price of our Ordinary Shares may be volatile and could fluctuate widely due to factors beyond our control. This may happen because
of the broad market and industry factors, like the performance and fluctuation of the market prices of other companies with business
operations located mainly in Singapore that have listed their securities in the United States. In addition to market and industry factors,
the price and trading volume for our shares may be highly volatile for factors specific to our own operations, including the following:

  fluctuations                                                                                                                  
  changes                                                                                                                       
  additions                                                                                                                     
  release                                                                                                                       
  potential                                                                                                                     

Any
of these factors may result in significant and sudden changes in the volume and price at which our shares will trade.

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securities or industry analysts do not publish research or reports about our business, or if they adversely change their recommendations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
trading market for our shares will be influenced by research or reports that industry or securities analysts publish about our business.
If one or more analysts downgrade our shares, the market price for our shares would likely decline. If one or more of these analysts
cease to cover us or fail to regularly publish reports on us, we could lose visibility in the financial markets, which in turn could
cause the market price or trading volume for our shares to decline.

  16  

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.

Sales
of substantial amounts of our Ordinary Shares, including those held by Resale Shareholders that are registered for resale, or the perception
that such sales could occur, may adversely affect the market price of our Ordinary Shares and could materially impair our ability to
raise capital through equity offerings in the future. As of July 29, 2025, we have 35,000,000 Ordinary Shares outstanding. These shares
are freely tradable without restriction or further registration under the Securities Act, while shares held by our existing shareholders
may also be sold in the public market in the future, subject to the restrictions under Rule 144 and Rule 701 of the Securities Act, as
well as applicable lock-up agreements.

Our
directors, executive officers,