Company: SHPH
Filing Date: 2025-03-13
Form Type: 424B3
Source: 0001493152-25-010109
Chunk: 59

Company: Shuttle Pharmaceuticals Holdings, Inc.
Filing Date: 2025-03-13
Form: 424B3
Chunk 59
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 the voting stock of the corporation outstanding at the time the transaction began, excluding for purposes of determining 
 the voting stock outstanding (but not the outstanding voting stock owned by the interested stockholder) those shares owned (i) by        
 persons who are directors and also officers and (ii) employee stock plans in which employee participants do not have the right to        
 determine confidentially whether shares held subject to the plan will be tendered in a tender or exchange offer;                         |

| ● | on                                                                                                                                        
 or after such date, the business combination is approved by the board of directors and authorized at an annual or special meeting         
 of the stockholders, and not by written consent, by the affirmative vote of at least 662/3% of the outstanding                            
 voting stock that is not owned by the interested stockholder; or                                                                          |
| ● | the                                                                                                                                       
 corporation does not have a class of voting stock that is: (i) listed on a national securities exchange; or (ii) held of record by        
 more than 2,000 stockholders, unless any of the foregoing results from action taken, directly or indirectly, by an interested stockholder 
 or from a transaction in which a person becomes an interested stockholder                                                                 |

In general, Section 203 defines business combination to include the following:

| ● | any                                                                                                                                
 merger or consolidation involving the corporation and the interested stockholder;                                                  |
| ● | any                                                                                                                                
 sale, transfer, pledge, or other disposition of 10% or more of the assets of the corporation involving the interested stockholder; |
| ● | subject                                                                                                                            
 to certain exceptions, any transaction that results in the issuance or transfer by the corporation of any stock of the corporation 
 to the interested stockholder;                                                                                                     |

| 39 |

| ● | any                                                                                                                                 
 transaction involving the corporation that has the effect of increasing the proportionate share of the stock or any class or series 
 of the corporation beneficially owned by the interested stockholder; or                                                             |
| ● | the                                                                                                                                 
 receipt by the interested stockholder of the benefit of any loss, advances, guarantees, pledges or other financial benefits by or   
 through the corporation.                                                                                                            |

Section 203 defines interested stockholder as an entity or person beneficially owning 15% or more of the outstanding voting stock of the corporation or any entity or person affiliated with or controlling or controlled by such entity or person.

By-Laws

The Company recently amended and restated its by-laws (the “Third Amended and Restated By-L