Company: BLLN
Filing Date: 2025-09-17
Form Type: DRS/A
Source: 0001193125-25-206347
Chunk: 296

Company: BillionToOne, Inc.
Filing Date: 2025-09-17
Form: DRS/A
Chunk 296
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back and Form
S-3 registration rights as described more fully below.

Demand registration rights

At any time beginning six months after this offering, the holders of registrable securities have the right to make up to two demands that we file a registration
statement under the Securities Act with having an aggregate offering price, net of selling expenses, of at least $20 million, subject to specified exceptions.

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Piggyback registration rights

If we register any of its securities for public sale solely for cash (other than a registration pursuant to the demand registration rights described above, a
registration for a direct listing, a registration relating solely to our equity incentive plans, a registration relating to a reorganization transaction under Rule 145, a registration on any form that does not include substantially the same
information as would be required to be included in a registration statement covering the registrable securities, or a registration statement where the only common stock being registered is common stock issuable upon conversion of debt securities
that are also being registered), the holders of our registrable securities then outstanding will each be entitled to notice of the registration and will have the right to include their shares in the registration statement.

These piggyback registration rights are subject to specified conditions and limitations, including the right of the underwriters of any underwritten offering to limit
the aggregate value of registrable securities to be included in the registration statement, but not below 25% of the total value of securities included in such registration.

We expect that the requisite stockholders who are party to our IRA will waive their rights with respect to the notice of this offering and to the inclusion of their
registrable shares in this offering.

Registration on Form S-3

If we are eligible to file a registration statement on Form S-3, the holders of at least 30% of the registrable securities then
outstanding have the right to demand that we file registration statements on Form S-3; provided, that the aggregate offering price, net of selling expenses, of the securities to be sold under the registration
statement is at least $10 million. The right to have such shares registered on Form S-3 is further subject to other specified conditions and limitations.

Termination of registration rights

The registration rights will
survive this offering and will terminate after the earlier of either five years following the completion of this offering and a liquidation event, and, with respect to any particular stockholder, when such stockholder can sell all its shares in
compliance with Rule 144(b)(