Security

Class

Title

Maximum

Aggregate Offering
Price

Fee

Rate

Fees to Be

Paid

Ordinary shares, par
value $0.0001 per

share, that may be

issued pursuant to

future grants under

the 2023 Incentive

Award Plan

457(c) and

457(h)

Carry

Forward

Securities

Pursuant to Rule 416(a) of the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement on Form S-8 (the “Registration Statement”) shall also cover any additional shares or underlying securities, as applicable, of ordinary shares of Captivision Inc. (the “Registrant”) that become issuable under the plan set forth herein by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without the Registrant’s receipt of consideration, which results in an increase in the number of the Registrant’s outstanding ordinary shares, par value $0.0001 per share (the “Ordinary Shares”).

Represents 6,668,797 Ordinary Shares reserved for future issuance under the Captivision Inc. 2023 Incentive Award Plan (the “Plan”). The Plan also provides that the number of Ordinary Shares reserved for issuance under the Plan will be automatically increased on January 1st of each year for a period of ten years, starting January 1, 2024, by 1% of the total number of issued and outstanding Common Shares (as defined under the Plan) on December 31st of the preceding year. Additional shares relating to such automatic increases have not been included in this Registration Statement and will be registered at such time as the Registrant determines.

Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) and (h) of the Securities Act on the basis of the average of the high ($4.50) and low ($4.11) sales prices of the Ordinary Shares as reported on the Nasdaq Stock Market on January 25, 2024, which date is within five business days prior to filing this Registration Statement.