# EDGAR Filing Document

**Accession Number:** 0001981519
**File Stem:** 0001493152-25-019302
**Filing Date:** 2025-10
**Character Count:** 26602
**Document Hash:** 488cf20ef33118d91b130d2d4354c675
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-25-019302.hdr.sgml**: 20251024

**ACCESSION NUMBER**: 0001493152-25-019302

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 18

**FILED AS OF DATE**: 20251024

**DATE AS OF CHANGE**: 20251024

**EFFECTIVENESS DATE**: 20251024

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MIXED MARTIAL ARTS GROUP LTD
- **CENTRAL INDEX KEY:** 0001981519
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MISCELLANEOUS BUSINESS SERVICES [7380]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** C3
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-291068
- **FILM NUMBER:** 251416517

**BUSINESS ADDRESS:**
- **STREET 1:** LEVEL 1, SUITE 1, 29-33, THE CORSO
- **CITY:** MANLY
- **STATE:** C3
- **ZIP:** 2095
- **BUSINESS PHONE:** 61 1800 151 865

**MAIL ADDRESS:**
- **STREET 1:** LEVEL 1, SUITE 1, 29-33, THE CORSO
- **CITY:** MANLY
- **STATE:** C3
- **ZIP:** 2095

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALTA GLOBAL GROUP LTD
- **DATE OF NAME CHANGE:** 20230614

**As filed with the Securities and Exchange Commission on October 24, 2025**

**Registration No. 333-** 

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM S-8**

**REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933**

**MIXED MARTIAL ARTS GROUP LIMITED**

(Exact name of registrant as specified in its charter)

---

| | |
|:---|:---|
| **Australia** | **Not applicable** |
| (State or other jurisdiction of<br> incorporation or organization) | (I.R.S. Employer<br> Identification No.) |
| **Level 1, Suite 1, 29-33 The Corso**<br> **Manly, New South Wales** | **2095** |
| (Address of Principal Executive Offices) | (Zip Code) |

---

**Employee Incentive Plan**

(Full title of the plan)

**Nick Langton**

**Chief Executive Officer**

**Wimp 2 Warrior LLC**

**8 The Green, Ste R**

**Dover, DE 19901**

(Name and address of agent for service)

**(302) 288-0670**

(Telephone number, including area code, of agent for service)

**With a copy to:**

**Jeffrey J. Fessler, Esq.**

**Seth A. Lemings, Esq.**

**Sheppard, Mullin, Richter & Hampton LLP**

**30 Rockefeller Plaza**

**New York, NY 10112-0015**

**Phone: (212) 653-8700**

**Fax: (212) 653-8701**

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☒ Smaller reporting company ☐ <br> Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

**EXPLANATORY NOTE**

This Registration Statement on Form S-8 is filed for the purpose of registering 1,500,000 ordinary shares of Mixed Martial Arts Group Limited (the "Company"), which may be issued pursuant to awards under the Company's Employee Incentive Plan.

**PART I**

**INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS**

The documents containing the information specified in Item 1 and Item 2 of Part I of Form S-8 will be sent or given to participants as specified by Rule 428(b)(1) under the Securities Act of 1933, as amended (the "Securities Act"). In accordance with the rules and regulations of the U.S. Securities and Exchange Commission (the "SEC") and the instructions to Form S-8, such documents are not being filed with the Commission either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act.

**PART II**

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

**ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.**

The following documents filed by the Company with the SEC pursuant to the Securities Act and the Securities Exchange Act of 1934, as amended (the "Exchange Act"), are incorporated herein by reference:

● The Company's annual report on [Form 20-F](https://www.sec.gov/Archives/edgar/data/1981519/000149315224043200/form20-f.htm) filed with the SEC on October 31, 2024, in which there is set forth the audited financial statements of the Company as of June 30, 2024, 2023 and 2022.

● All other reports filed by the Company under Section 13(a) or 15(d) of the Exchange Act since June 30, 2024.

● The description of the Company's ordinary shares contained in its Registration Statement on [Form 8-A](https://www.sec.gov/Archives/edgar/data/1981519/000149315224009815/form8-a12b.htm) (File No. 001-41978) filed with the SEC on March 13, 2024, under Section 12(b) of the Exchange Act, including any amendments or reports filed for the purpose of updating such description.

Except to the extent that information is deemed furnished and not filed pursuant to securities laws and regulations, all documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14, and 15(d) of the Exchange Act prior to the filing of a post-effective amendment that indicates that all securities offered have been sold or that deregisters all securities then remaining unsold shall also be deemed to be incorporated by reference herein and to be a part hereof from the dates of filing of such documents. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any statements so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

**ITEM 4. DESCRIPTION OF SECURITIES.**

Not applicable.

**ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.**

None.

**ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.**

*Australian law*

Australian law provides that a company or a related body corporate of the company may provide for indemnification of a person as an officer or auditor of the company, except to the extent of any of the following liabilities incurred as an officer or auditor of the company:

● a liability owed to the company or a related body corporate of the company;

● a liability for a pecuniary penalty order made under section 1317G or a compensation order under section 961M, 1317H, 1317HA, 1317HB, 1317HC or 1317HE of the Australian Corporations Act 2001 (Cth) (the "Corporations Act"); or

● a liability that is owed to someone other than the company or a related body corporate of the company and did not arise out of conduct in good faith.

Australian law provides that a company or related body corporate of the company must not indemnify a person against legal costs incurred in defending an action for a liability incurred as an officer or auditor of the company if the costs are incurred:

● in defending or resisting proceedings in which the officer or director is found to have a liability for which they cannot be indemnified as set out above;

● in defending or resisting criminal proceedings in which the person is found guilty;

● in defending or resisting proceedings brought by the ASIC or a liquidator for a court order if the grounds for making the order are found by the court to have been established (except costs incurred in responding to actions taken by the ASIC or a liquidator as part of an investigation before commencing proceedings for the court order); or

● in connection with proceedings for relief to the officer or a director under the Corporations Act, in which the court denies the relief.

 

*Constitution*

The Company's Constitution provides that, except to the extent prohibited by Australian law, including the Corporations Act and, to the extent that an officer is not otherwise indemnified by the Company pursuant to an indemnification agreement, the Company will indemnify every person who is or has been an officer of the Company against any liability (other than legal costs that are unreasonable) incurred by that person as an officer. This includes any liability incurred by that person in their capacity as an officer of the Company's subsidiary where the Company requested that person to accept that appointment.

The Company has entered into Deeds of Access, Insurance and Indemnity ("Indemnity Deeds") with its directors and executive officers. Under the Indemnity Deeds, the Company has agreed to indemnify (to the maximum extent permitted under Australian law and its Constitution, subject to certain specified exceptions) each director and executive officer against all liabilities incurred in their capacity as the Company or its subsidiaries' director or officer and any and all costs and expenses relating to such a claim or to any notified event incurred by such director or executive officer, including costs and expenses reasonably and necessarily incurred to mitigate any liability for such a claim or any claim which may arise from such a notified event. The Indemnity Deeds provide that the indemnities are unlimited as to amount, continuous and irrevocable.

Separately, the Company has obtained insurance for its directors and executive officers, as required by the Indemnity Deeds.

*SEC Position*

 

Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or persons controlling the Company pursuant to the foregoing provisions, the Company has been informed that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable.

**ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.**

Not applicable.

**ITEM 8. EXHIBITS.**

---

| | |
|:---|:---|
| **Exhibit<br> Number** | **Description** |
| 4.1 | [Certificate of the Registration of the Company (incorporated by reference to Exhibit 3.1 to the Company's Registration Statement on Form F-1 filed with the SEC on November 17, 2023)](https://www.sec.gov/Archives/edgar/data/1981519/000149315223041783/ex3-1.htm) |
| 4.2 | [Constitution of the Company (incorporated by reference to Exhibit 3.2 to the Company's Registration Statement on Form F-1 filed with the SEC on November 17, 2023)](https://www.sec.gov/Archives/edgar/data/1981519/000149315223041783/ex3-2.htm) |
| 4.3 | [Specimen Ordinary Share certificate (incorporated by reference to Exhibit 4.1 to the Company's Registration Statement on Form F-1/A filed with the SEC on December 22, 2023)](https://www.sec.gov/Archives/edgar/data/1981519/000149315223045999/ex4-1.htm) |
| 4.4 | [Employee Incentive Plan (incorporated by reference to Exhibit 4.3 to the Company's Registration Statement on Form F-1 filed with the SEC on November 17, 2023)](https://www.sec.gov/Archives/edgar/data/1981519/000149315223041783/ex4-3.htm) |
| 5.1\* | [Opinion of QR Lawyers regarding the validity of the Ordinary Shares being registered](ex5-1.htm) |
| 23.1\* | [Consent of BDO Audit Pty Ltd, independent registered public accounting firm](ex23-1.htm) |
| 23.2\* | [Consent of QR Lawyers (included in Exhibit 5.1)](ex5-1.htm) |
| 24.1\* | [Power of Attorney (included on signature page)](#a_001) |
| 107\* | [Filing Fee Table](ex107.htm) |

---

\* Filed herewith.

**ITEM 9. UNDERTAKINGS.**

A. The undersigned Registrant hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by section 10(a)(3) of the Securities Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Filing Fee Tables" or "Calculation of Registration Fee" table, as appliable, in the effective Registration Statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement;

*Provided, however,* that paragraphs (A)(1)(i) and (A)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to section 13 or section 15(d) of the Exchange Act that are incorporated by reference in the Registration Statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered herein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

B. The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to section 15(d) of the Exchange Act) that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered herein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

C. Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Manly, New South Wales on October 24, 2025.

---

| | |
|:---|:---|
| **Mixed Martial Arts Group Limited** | **Mixed Martial Arts Group Limited** |
| By: | */s/ Nick Langton* |
| Name: | Nick Langton |
| Title: | Founder and Chief Executive Officer<br> *(Principal Executive Officer)* |
| By: | */s/ Aaron Links* |
| Name: | Aaron Links |
| Title: | Chief Financial Officer<br> *(Principal Financial Officer and Principal Accounting Officer)* |

---

**POWER OF ATTORNEY**

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below does hereby constitute and appoint each of Nick Langton and Jonathan Hart, with full power of substitution and full power to act without the other, as his or her true and lawful attorney-in-fact and agent to act for him or her in his or her name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this registration statement, and to file this registration statement, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in order to effectuate the same as fully, to all intents and purposes, as they or he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated.

---

| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| */s/ Nick Langton* | Founder, Chief Executive Officer and Director | October 24, 2025 |
| Nick Langton | *(Principal Executive Officer)* |  |
| */s/ Aaron Links* | Chief Financial Officer | October 24, 2025 |
| Aaron Links | *(Principal Financial Officer and Principal Accounting Officer)* |  |
| */s/ Jonathan Hart* | Company Secretary and Director | October 24, 2025 |
| Jonathan Hart |  |  |
| */s/ Vaughn Taylor* | Chairman of the Board of Directors | October 24, 2025 |
| Vaughn Taylor |  |  |
| */s/ Richard Paolone* | Director | October 24, 2025 |
| Richard Paolone |  |  |
| */s/ Eric Corbett* | Director | October 24, 2025 |
| Eric Corbett |  |  |
| */s/ Laura Sanko* | Director | October 24, 2025 |
| Laura Sanko |  |  |

---

**SIGNATURE OF AUTHORIZED REPRESENTATIVE IN THE UNITED STATES**

Pursuant to the Securities Act of 1933, as amended, the undersigned, the duly authorized representative in the United States of Mixed Martial Arts Group Limited, has signed this registration statement on October 24, 2025.

---

| | |
|:---|:---|
| Authorized U.S. Representative | Authorized U.S. Representative |
| WIMP 2 WARRIOR LLC | WIMP 2 WARRIOR LLC |
| By: | */s/ Nick Langton* |
| Name: | Nick Langton |
| Title: | Manager and Authorized Officer |

---

## Exhibit 5.1

**Exhibit 5.1**

![](ex5-1_001.jpg)

Our Ref: 242384:PAG

24 October 2025

The Board of Directors

Mixed Martial Arts Group Limited

Level 1, Suite 1, 29-33, The Corso

Manly, New South Wales, 2095

Dear Directors,

**Opinion:**

**Mixed Martial Arts Group Limited – Registration Statement on Form S-8**

We have acted as Australian counsel to Mixed Martial Arts Group Limited ACN 163 057 565, a company incorporated under the laws of the Commonwealth of Australia (**Company**), with respect to a Registration Statement on Form S-8 (**Registration Statement**) under the United States Securities Act of 1933, as amended (the **Act**), pertaining to the registration of up to 1,500,000 fully paid ordinary shares in the capital of the Company (the **Plan Shares**) which may be issued under the Company's Employee Share Incentive Plan which was adopted by the Board of the Company 26 June 2023 (the **Plan**) and the subsequent Plan Shares approved by the Borad on 23 October 2025.

In connection with this opinion letter, we have examined originals or copies, certified or otherwise identified to our satisfaction, of: (i) the form of the Registration Statement; (ii) copy of the Constitution of the Company, as currently in effect; (iii) the Plan; and (iv) such other corporate records, Board resolutions and other instruments as we have deemed necessary or appropriate as a basis for the opinion set forth herein. In such examination, we have assumed the genuineness of all signatures, the legal capacity of all natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as certified, conformed, facsimile or electronic copies and the authenticity of the originals of such latter documents. We have further assumed that the documents or copies thereof examined by us are true, complete and up-to-date and have not been amended, supplemented, rescinded, terminated or otherwise modified and that each individual future grant under the Plan made after the date hereof will be duly authorised by all necessary corporate action.

The opinion expressed herein is expressly limited to the laws of Commonwealth of Australia.

Based upon the foregoing and subject to the qualifications, limitations and assumptions stated herein, we are of the opinion that the Plan has been duly authorised and, when Plan Shares when issued pursuant to awards made in compliance with the Plan, those Plan Shares will be validly issued, fully paid and nonassessable1. It is noted that, while the Company has approved the Plan and a approved number of Plan Shares, the specific issue of Plan Shares under the Plan to particular participants will require future approval by the Board of the Company (or an authorised committee of the Company).

This opinion letter is rendered as of the date hereof, and we disclaim any obligation to advise you of any change of law that occurs, or of any facts, circumstances, events or developments of which we become aware, after the date of this opinion letter, even if they would alter, affect or modify the opinion expressed herein.

We hereby consent to the filing of this opinion letter as Exhibit 5.1 to the Registration Statement. In giving such consent, we do not admit that we are in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the United States Securities and Exchange Commission promulgated thereunder.

Yours faithfully

<u>QR LAWYERS PTY LTD</u>

![](ex5-1_003.jpg)

<u>PATRICK GOWANS</u>

<u>PARTNER</u>

<sup>1</sup>*For the purpose of this opinion, the term "nonassessable", when used to describe the liability of a person as the registered holder of shares has no clear meaning under the laws of the Commonwealth of Australia, so we have assumed those words to mean that holders of ordinary shares, having fully paid all amounts due on such ordinary shares, are under no personal liability to contribute to the assets and liabilities of the Company in their capacities purely as holders of such ordinary shares.*

![](ex5-1_002.jpg)

## Exhibit 23.1

**Exhibit 23.1**

---

| | | |
|:---|:---|:---|
| ![](ex23-1_001.jpg) | Tel: +61 2 9251 4100<br> Fax: +61 2 9240 9821<br> **www.bdo.com.au** | Parkline Place<br> Level 25, 252 Pitt Street<br> Sydney NSW 2000<br> Australia |

---

**CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

Mixed Martial Arts Group Limited

Level 1, Suite 1, 29-33 The Corso

Manly, New South Wales 2095

Australia

We hereby consent to the incorporation by reference in this Registration Statement of our report dated October 31, 2024, relating to the consolidated financial statements of Mixed Martial Arts Group and Controlled Entities (the "Company") appearing in the Company's Annual Report on Form 20-F for the year ended June 30, 2024. Our report contains an explanatory paragraph regarding the Company's ability to continue as a going concern.

**/s/ BDO Audit Pty Ltd**

BDO Audit Pty Ltd

Sydney, Australia

October 24, 2025

BDO Audit Pty Ltd ABN 33 134 022 870 is a member of a national association of independent entities which are all members of BDO International Ltd, a UK company limited by guarantee, and form part of the international BDO network of independent member firms.

## Ex-Filing

?xml version='1.0' encoding='ASCII'?

**Exhibit 107**

**Calculation of Filing Fee Tables**

**Form S-8**

(Form Type)

**Mixed Martial Arts Group Limited**

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered Securities

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Type** | **Security Class Title** | **Fee Calculation Rule** | **Amount Registered (1)** | **Proposed Maximum Offering Price Per Unit (2)** | **Maximum Aggregate Offering Price** | **Fee Rate** | **Amount of Registration<br> Fee(2)** |
| Equity | Ordinary Shares, no par value | Rule 457(c) and Rule 457(h) | 1500000 | 1.43 | $2145000 | $0.00013810 | $296.22 |
| **Total Offering Amounts** | **Total Offering Amounts** | **Total Offering Amounts** | **Total Offering Amounts** |  | $2145000 |  | $296.22 |
| **Total Fee Offsets** | **Total Fee Offsets** | **Total Fee Offsets** | **Total Fee Offsets** |  |  |  |  |
| **Net Fee Due** | **Net Fee Due** | **Net Fee Due** | **Net Fee Due** |  |  |  | $296.22 |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) Pursuant
 to Rule 416 of the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement shall also
 cover any additional ordinary shares ("Ordinary Shares") that become issuable under the Registrant's Employee Incentive
 Plan by reason of any stock dividend, stock split, recapitalization or similar transaction that results in an increase in the number
 of outstanding Ordinary Shares.

(2) Estimated
 in accordance with Rules 457(c) and 457(h) under the Securities Act solely for the purpose of calculating the registration fee on
 the basis of $1.43 per share, which is the average of the high and low prices of the Ordinary Shares on October 17, 2025, as reported
 on the NYSE American.