Company: STAA
Filing Date: 2025-09-16
Form Type: DEFM14A
Source: 0001193125-25-204396
Chunk: 111

Company: STAAR SURGICAL CO
Filing Date: 2025-09-16
Form: DEFM14A
Chunk 111
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 with the DGCL and (v) otherwise meet the criteria and strictly follow the
procedures set forth in Section 262, will be entitled to have their shares of STAAR common stock appraised by the Delaware Court of Chancery and to receive in lieu of the Merger Consideration payment in cash of the amount determined by the
Delaware Court of Chancery to be the “fair value” of the shares of STAAR common stock, exclusive of any element of value arising from the accomplishment or expectation of the Merger, together with interest, if any, to be paid on the
amount determined to be fair value as determined by the Delaware Court of Chancery (subject, in the case of interest payments, to any voluntary cash payments made by the Surviving Corporation pursuant to subsection (h) of Section 262).
Unless the Delaware Court of Chancery, in its discretion, determines otherwise for good cause shown, interest on an appraisal award from the Effective Time through the date the judgment is paid will be compounded quarterly and will accrue at 5% over
the Federal Reserve discount rate (including any surcharge) as established from time to time during such period; providedthat, if at any time before the Delaware Court of Chancery enters judgment in the appraisal proceeding, the Surviving
Corporation pays to each stockholder entitled to appraisal an amount in cash, interest will accrue after the time of such payment only on the amount that equals the sum of (1) the difference, if any, between the amount so paid and the
“fair value” of the shares of STAAR common stock as determined by the Delaware Court of Chancery and (2) any interest accrued prior to the time of such voluntary payment, unless paid at such time. The Surviving Corporation is under
no obligation to make such voluntary cash payment prior to such entry of judgment.

Stockholders and beneficial owners who are considering
seeking appraisal should be aware that the fair value of their shares of STAAR common stock as determined pursuant to Section 262 could be more than, the same as or less than the Merger Consideration payable pursuant to the Merger Agreement if
they did not seek appraisal of their shares of STAAR common stock.

Under Section 262, where a merger agreement is to be submitted
for adoption at a meeting of stockholders, the corporation, not less than 20 days prior to the meeting, must notify each of its stockholders who was such on the record date for notice of