Company: INDP
Filing Date: 2025-08-13
Form Type: S-3
Source: 0001641172-25-023490
Chunk: 28

Company: Indaptus Therapeutics, Inc.
Filing Date: 2025-08-13
Form: S-3
Chunk 28
---
 deposited with a common depositary for Euroclear and Clearstream, or with a nominee for the depositary identified in the applicable prospectus supplement. We will describe in the applicable prospectus supplement the specific terms and procedures of the depositary arrangement, including the specific terms of the depositary arrangement and any specific procedures, for the issuance of debt securities in definitive form in exchange for a global security in bearer form, with respect to any portion of a series of debt securities to be represented by a global security in bearer form.

Merger, Consolidation or Sale

We may consolidate with, or sell, lease or convey all or substantially all of our assets to, or merge with or into, any other corporation, trust or entity provided that:

| ● | we are the survivor in                                                                                                                 
 the transaction, or the survivor, if not us, is an entity organized under the laws of the United States or a state of the United       
 States, or the State of Israel, which entity expressly assumes by supplemental indenture the due and punctual payment of the principal 
 of, and any premium, make-whole amount, interest and additional amounts on, all of the outstanding debt securities and the due and     
 punctual performance and observance of all of the covenants and conditions contained in the indenture;                                 |
| ● | immediately after giving                                                                                                               
 effect to the transaction and treating any indebtedness that becomes an obligation of ours or one of our subsidiaries as a result      
 of the transaction as having been incurred by us or our subsidiary at the time of the transaction, there is no event of default under  
 the applicable indenture and no event which, after notice or the lapse of time, or both, would become an event of default; and         |
| ● | we deliver an officers’                                                                                                                
 certificate and an opinion of our legal counsel, each as to the satisfaction of conditions contained in the applicable indenture.      |

This covenant would not apply to any recapitalization transaction, a change of control of us or a transaction in which we incur a large amount of additional debt, unless the transactions or change of control included a merger, consolidation or transfer or lease of substantially all of our assets. Except as may be described in the applicable prospectus supplement, there are no covenants or other provisions in the indentures providing for a “put” right or increased interest or that would otherwise afford holders of debt securities additional protection in the event of a recapitalization transaction, a change of control of us or a transaction in which