Company: LNAI
Filing Date: 2025-07-18
Form Type: PRE 14A
Source: 0001731122-25-000995
Chunk: 5

Company: Lunai Bioworks Inc.
Filing Date: 2025-07-18
Form: PRE 14A
Chunk 5
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 three proposals scheduled to be voted on at the Special Meeting: |

| (1) | To approve an amendment to our Certificate of Incorporation to effect, at the option of our Board of Directors3, a reverse stock split of our common stock at a ratio in the range of 1-for-3 to 1-for-10, inclusive, with such ratio to be determined by our Board of Directors in its sole discretion, and set forth in a public announcement. We refer to this proposal as the “Reverse Stock Split Proposal” or “Proposal 1.” |

| (2) | To approve an adjournment of the Special Meeting, if necessary or appropriate, to solicit additional proxies (“Proposal 2”); and |

| (3) | To transact any other matters that may properly come before the Special Meeting or any adjournments or postponements thereof. |

| Q: | What is the Board’s voting recommendation? |

| A: | The recommendations of our Board are set forth together with the description of each proposal in this proxy statement. In summary, the Board recommends a vote: |

| ● | FOR the Reverse Split Proposal (see Proposal 1); |

| ● | FOR the Adjournment Proposal (see Proposal 2). |

| Q: | How can I attend the Special Meeting? |

If you wish to submit a question, you may do so during
the meeting, once logged into the virtual meeting platform, by typing your question into the “Ask a Question” field and clicking
“Submit.” Questions pertinent to meeting matters will be answered during the meeting, subject to time constraints.

| Q: | What is the difference between holding shares as a stockholder of record and as a beneficial owner? |

| A: | Many of our stockholders hold their shares through a bank, broker or other nominee rather than of record directly in their own names. As summarized below, there are some distinctions between shares held of record and those owned beneficially. |

Stockholders of Record

If your shares are registered in your name
with our transfer agent, Securities Transfer Corporation, you are considered the stockholder of record with respect to those shares and
the proxy materials have been sent directly to you. As the stockholder of record, you have the right to grant your proxy to the Company’s
representatives or to vote virtually at the Special Meeting.

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Beneficial Owners

If your shares are held by a bank, in a
brokerage account or by another