definiens: shall mean the consummation of a transaction, whether in a singletransaction or in a series of related and substantially contemporaneous transactions, constituting ( i ) a merger, shareexchange or other reorganization, ( ii ) the sale by one or more stockholders of Aridis of stock representing a majority of thevoting power of the stock of Aridis then outstanding to one or more related parties, or ( iii ) a sale of all or substantially all ofthe assets of Aridis ( or of that portion of its assets related to the subject matter of this Agreement ), in each case in whichthe stockholders of Aridis immediately prior to such transaction do not own a majority of the voting power of the acquiring, surviving or successor entity, as the case may be, immediately following such transaction ; provided that a Change ofControl Transaction shall not include an initial public offering or a bona fide financing transaction for the benefit of Aridis(i.e . in which Aridis raises capital for general working or business purposes ) in which voting control of Aridis transfers toone or more persons or entities who acquire shares of Aridis, and the existing Aridis stockholders receive no considerationdirectly or indirectly in connection with the transaction or initial public offering