Company: LIMN
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001104659-25-006325
Chunk: 297

Company: Liminatus Pharma, Inc.
Filing Date: 2025-01-27
Form: POS AM
Chunk 297
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 to the terms of one or more series of preferred stock. | ​ |
| ​ | The Iris Certificate of Incorporation provides that directors will be divided into two classes, as nearly equal in number as possible and designated Class I and Class II. Only one class of directors will be elected at each annual meeting of stockholders and each of the successors elected to replace the class of directors whose term expires at that annual meeting shall be elected for a two-year term or until the election and qualification of their respective successors in office, subject to their earlier death, resignation or removal. 
 Subject to any rights of Preferred Stock to elect directors, if the number of directors that constitute the Iris Board is changed, any increase or decrease shall be apportioned by the Iris Board among the classes so as to maintain the number of directors in each class as nearly equal as possible, but in no case shall a decrease in the number of directors constituting the Iris Board shorten the term of any incumbent director.                                                                                                                | ​ |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |
| ​ | Cumulative Voting                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | ​ |
| ​ | The Proposed ParentCo Certificate of Incorporation provides that holders of shares of Common Stock shall not have cumulative voting rights with regard to election of directors.                                                                                                                                                                                                                                                                                                                                                                            | ​ | ​ | The Iris Certificate of Incorporation provides that holders of shares of Common Stock shall not have cumulative voting rights with regard to election of directors.                                                                                                                                                                                                                                                                                                                                               | ​ |
| ​ | Classification of Board of Directors                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | ​ |
| ​ | The Proposed ParentCo Certificate of Incorporation provides that the board will be divided into three classes, designated Class I, Class II and Class III. The board is authorized to designate the members of the board in office at the time of adoption of the Proposed ParentCo Certificate of Incorporation or at the time of the creation of a new directorship to Class I, Class II or Class III. The term of the Initial Class I Directors                                                                                                          | ​ | ​ | The Iris Certificate of Incorporation provides for a classified board of directors, divided into two classes, each of which will generally serve for a term of two years with only one class of directors being elected in each year.                                                                                                                                                                                                                                                                             | ​ |

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TABLE OF CONTENTS

| ​ | ParentCo (the “Surviving Corporation”)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | ​ | ​