Company: APM
Filing Date: 2025-10-06
Form Type: S-4
Source: 0001213900-25-096656
Chunk: 202

Company: Aptorum Group Ltd
Filing Date: 2025-10-06
Form: S-4
Chunk 202
---
 H. 97 Vote Required for Approval The approval of the SIP Proposal requires an ordinary resolution under Cayman Islands law, being the affirmative vote of a simple majority of the votes cast by the holders of Aptorum Class A ordinary shares and Aptorum Class B ordinary shares, voting as a class, present in person or represented by proxy at the Special Meeting and entitled to vote, is required to approve the Nasdaq Stock Issuance Proposal. Abstentions and broker -nonvotes, if any, will have no effect on the Nasdaq Stock Issuance Proposal. However, as described elsewhere, Ian Huen, Aptorum’s Chairman and Chief Executive Officer, who beneficially owns 87.05% of Aptorum’s total voting power as of October3, 2025, signed a voting agreement simultaneously with the execution of the Merger Agreement, pursuant to which he agreed to vote in favor of the Proposals. Accordingly, the SIP Proposal will be approved after Mr. Huen casts his vote; no other vote will be needed to approve this proposal. The approval of the Nasdaq Stock Issuance Proposal is a condition to the closing under the Merger Agreement. If the Nasdaq Stock Issuance Proposal is approved, but the Domestication Proposal is not approved, then neither the issuance, Domestication nor the Merger will be consummated. Resolution to be Voted Upon “ RESOLVED, as an ordinary resolution, that, for the purposes of complying with the applicable provisions of Nasdaq Listing Rules 5635(a), the 2025 Stock Incentive Plan, be approved in all respects.” Recommendation of the Aptorum Board THE APTORUM BOARD UNANIMOUSLY RECOMMENDS THAT APTORUM SHAREHOLDERS VOTE “FOR” THE APPROVAL OF THE SIP PROPOSAL. 98 PROPOSAL NO. 5 — THE DIRECTOR APPOINTMENT PROPOSAL Overview The Director Appointment Proposal assumes the Merger is closed and is to appoint five (5) directors who, upon consummation of the Merger, will be the directors of the Combined Company (“ Director Appointment Proposal”). The appointed directors will serve as the Combined Company Board of Directors immediately after the Merger and until the first shareholder meeting of the Combined Company, unless earlier terminated or resigned, at which the shareholders of the Combined Company will elect the Board of Directors to serve thereafter. Nominees As contemplated by the Merger Agreement, the board of the Combined Company following consummation of the Mer