Company: MEGL
Filing Date: 2025-06-09
Form Type: F-1/A
Source: 0001641172-25-014301
Chunk: 67

Company: Magic Empire Global Ltd
Filing Date: 2025-06-09
Form: F-1/A
Chunk 67
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 composition of the board of directors, compensation, management succession, and our business and financial strategy.

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Future issuances of our Class B Ordinary Shares may be dilutive to the voting power of our Class A Ordinary Shareholders.

Future issuances
of our Class B Ordinary Shares, which can be approved by our Board of Directors, could result in dilution to existing holders of
our Class A Ordinary Shares. Such issuances, or the perception that such issuances may occur, could depress the market price of
the Class A Ordinary Shares.

In addition, there
might be impact of the conversion of Class B Ordinary Shares on holders of Class A Ordinary Shares, including dilution and
the reduction in aggregate voting power, as well as the potential increase in the relative voting power if any holder of the Class B
Ordinary Shares retains their shares.

Our directors, officers and principal shareholders have significant voting power and may take actions that may not be in the best interests of our other shareholders.

As of the date
of this prospectus, our directors, officers and principal shareholders held in aggregate 52.1% of our total issued and outstanding shares,
representing approximately 89.9% of the total voting power in aggregate. After this offering, our directors, officers and principal shareholders
will hold in aggregate 13.1% of our total issued and outstanding ordinary shares, representing 55.4% voting power of our Company.
These shareholders, if they act together, will be able to control the management and affairs of our Company and most matters requiring
shareholder approval, such as the election of directors, amendments to our organizational documents and any merger, consolidation, sale
of all or substantially all of our assets or other major corporate transactions. The interests of these shareholders may not be the same
as or may even conflict with your interests. For example, these shareholders could attempt to delay or prevent a change in control of
us, even if such change in control would benefit our other shareholders, which could deprive our shareholders of an opportunity to receive
a premium for shares as part of a sale of us or our assets, and might affect the prevailing market price of our shares due to investors’
perceptions that conflicts of interest may exist or arise. As a result, this concentration of ownership may not be in the best interests
of our other shareholders.

We do not intend to pay dividends for the foreseeable future.

We currently intend to retain any future earnings to finance the operations and expansion of our business, and