Company: PTHS
Filing Date: 2025-05-09
Form Type: PREM14C
Source: 0001140361-25-018219
Chunk: 290

Company: Pelthos Therapeutics Inc.
Filing Date: 2025-05-09
Form: PREM14C
Chunk 290
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 manner as registered stockholders whose shares of Channel common stock are registered in their names. Banks, brokers and other nominees will be instructed to effect the Reverse Stock Split for their beneficial holders holding Channel common stock in “street name.” However, such banks, brokers and other nominees may have different procedures than registered stockholders for processing the Reverse Stock Split. If you hold your shares in “street name” with a bank, broker or other nominee, and if you have any questions in this regard, Channel encourages you to contact your bank, broker or nominee. YOU SHOULD NOT DESTROY YOUR STOCK CERTIFICATES AND YOU SHOULD NOT SEND THEM NOW. YOU SHOULD SEND YOUR STOCK CERTIFICATES ONLY AFTER YOU HAVE RECEIVED INSTRUCTIONS FROM THE EXCHANGE AGENT AND IN ACCORDANCE WITH THOSE INSTRUCTIONS. If any certificates for shares of Channel common stock are to be issued in a name other than that in which the certificates for shares of Channel common stock surrendered are registered, the stockholder requesting the reissuance will be required to pay to Channel any transfer taxes or establish to Channel’s satisfaction that such taxes have been paid or are not payable and, in addition, (a) the transfer must comply with all applicable federal and state securities laws, and (b) the surrendered certificate must be properly endorsed and otherwise be in proper form for transfer. Book-Entry Channel’s registered stockholders may hold some or all of their shares of Channel common stock electronically in book-entry form with Channel’s transfer agent. These stockholders do not have stock certificates evidencing their ownership of Channel common stock. They are, however, provided with a statement reflecting the number of shares of Channel common stock registered in their accounts.

| • | If you hold registered shares of Channel common stock in book-entry form, you do not need to take any action to receive your post-Reverse Stock Split shares of Channel common stock in registered book-entry form. |

| • | If you are entitled to post-Reverse Stock Split shares of Channel common stock, a transaction statement will automatically be sent to your address of record by Channel’s transfer agent as soon as practicable after the Reverse Stock Split Effective Date indicating the number of shares of Channel common stock that you hold. |

Interests of Directors and Executive Officers Our directors and executive officers have no substantial interests, directly or indirectly, in the matters set forth in this proposal except to the extent of their ownership of shares of Channel common stock and shares of securities convertible or issuable upon exercise into shares of Channel commons stock, including equity awards granted to