Company: FEAV
Filing Date: 2025-02-03
Form Type: DEF 14A
Source: 0000950170-25-012391
Chunk: 383

Company: 5E Advanced Materials, Inc.
Filing Date: 2025-02-03
Form: DEF 14A
Chunk 383
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 the issuance or sale of such Equity-Linked Securities, or any re-pricing or amendment thereof, will be subject to thisSection 2.8(d)(vi)); and (3) in no event will the Conversion Rate be decreased pursuant to thisSection 2.8(d)(vi). For purposes of thisSection 2.8(d)(vi), any re-pricing or amendment of any Equity-Linked Securities (including, for the avoidance of doubt, any Equity-Linked Securities existing as of the Effective Date) will be deemed to be the issuance of additional Equity-Linked Securities, without affecting any prior adjustments theretofore made to the Conversion Rate. The Issuer will not effect any Degressive Issuance that would result in an adjustment to the Conversion Rate pursuant to thisSection 2.8(d)(vi)that requires the approval of the Issuer’s stockholders pursuant to the listing standards of The Nasdaq Global Select Market, unless the Issuer has obtained such stockholder approval before such Degressive Issuance. For the avoidance of doubt, any adjustment pursuant to thisSection 2.8(d)(vi)shall only be applicable to the Amendment No. 2 Notes, the Amendment No. 3 Notes and the Amendment No. 4 Notes.

(e)No Adjustments in Certain Cases. Notwithstanding anything to the contrary in thisSection 2.8(d), the Issuer will not be obligated to adjust the Conversion Rate on account of a transaction or other event otherwise requiring an adjustment pursuant to thisSection 2.8(d)(other than a stock split or combination of the type set forth inSection 2.8(d)(i), a tender or exchange offer of the type set forth inSection 2.8(d)(v)or a Degressive Issuance) if each Purchaser

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participates, at the same time and on the same terms as holders of Common Stock, and solely by virtue of being a Purchaser of Notes, in such transaction or event without having to convert such Purchaser’s Notes and as if such Purchaser held a number of shares of Common Stock equal to the product of (i) the Conversion Rate in effect on the related record date; and (ii) the aggregate principal amount (expressed in thousands) of Notes held by such Purchaser on such date.

(f)Stockholder Rights Plans. If any shares of Common Stock are to be issued upon conversion of any Note and, at the time of