definiens: means, any inquiry, proposal or offer by a Person or group other than Selleror its Affiliates, relating to any ( i ) direct or indirect acquisition ( whether by a purchase, sale, transfer, exchange orissuance ) of shares of capital stock or other securities, or rights to acquire capital stock or other securities, in a singletransaction or series of related transactions, representing at least twenty percent ( 20 % ) of the voting power of ADMA ( ineach case, including by means of a spin - off, split - off or public offering ), ( ii ) merger, consolidation or businesscombination directly or indirectly involving ADMA representing twenty ( 20 % ) or more of the assets of ADMA, ( iii)reorganization, recapitalization, liquidation or dissolution directly or indirectly involving ADMA, or ( iv ) direct or indirectsale, lease, exchange, mortgage, transfer or other disposition, in a single transaction or series of related transactions, oftwenty percent ( 20 % ) or more of the assets of ADMA, or ( v ) other transaction having a similar effect to those describedin clauses ( i ) through ( iv )