Company: NDRA
Filing Date: 2025-10-30
Form Type: 424B5
Source: 0001213900-25-103705
Chunk: 63

Company: ENDRA Life Sciences Inc.
Filing Date: 2025-10-30
Form: 424B5
Chunk 63
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The trustee will hold in trust the cash or U.S.
government obligations deposited with it as described above and will apply the deposited cash and the proceeds from deposited U.S. government
obligations to the payment of principal, premium, if any, and interest with respect to the debt securities of the defeased series.

Mergers, Consolidations and Certain Sales of Assets

We may not:

| ● | consolidate with or merge into any other person or entity or permit any other person or entity to consolidate with or merge into us 
 in a transaction in which we are not the surviving entity, or                                                                       |

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| ● | transfer, lease or dispose of all or substantially all of our assets to any other person or entity, unless: |

| o | the resulting, surviving or transferee entity shall be a corporation organized and existing under the laws of the United States or             
 any state thereof and such resulting, surviving or transferee entity shall expressly assume, by supplemental indenture, executed and delivered 
 in form satisfactory to the trustee, all of our obligations under the debt securities and the indenture;                                       |

| o | immediately after giving effect to such transaction (and treating any indebtedness which becomes an obligation of the resulting, surviving 
 or transferee entity as a result of such transaction as having been incurred by such entity at the time of such transaction), no default   
 or event of default would occur or be continuing; and                                                                                      |

| o | we shall have delivered to the trustee an officers’ certificate and an opinion of counsel, each stating that such consolidation, 
 merger or transfer and such supplemental indenture (if any) comply with the indenture.                                           |

The phrase “substantially all” of
our assets will likely be interpreted under applicable state law and will be dependent upon particular facts and circumstances. As a result,
there may be a degree of uncertainty in ascertaining whether a sale or transfer of “substantially all” of our assets has occurred.

Governing Law

The indenture and the debt securities will be
governed by the laws of the State of New York.

No Personal Liability of Directors, Officers, Employees and Stockholders

No director, officer, incorporator or stockholder
of ENDRA, as such, shall have any liability for any obligations of ENDRA under the debt securities or the indenture or for any claim based
on, in respect of, or by reason of, such obligations or their creation, solely by reason