Company: BLLN
Filing Date: 2025-06-20
Form Type: DRS
Source: 0000950123-25-006095
Chunk: 247

Company: BillionToOne, Inc.
Filing Date: 2025-06-20
Form: DRS
Chunk 247
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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)(i) or if such stockholder holds 1% or less of the outstanding common stock and is able to sell all of its registrable securities during a three month period in compliance with Rule 144 under the Securities Act.

Anti-takeover provisions

Some provisions of Delaware law, our Post-IPO Certificate of Incorporation, and our Post-IPO Bylaws contain or will contain provisions that could make the following transactions more difficult: an acquisition of
us by means of a tender offer; an acquisition of us by means of a proxy contest or otherwise; or the removal of our incumbent officers and directors. It is possible that these provisions could make it more difficult to accomplish or could deter
transactions that stockholders may otherwise consider to be in their best interest or in our best interests, including transactions which provide for payment of a premium over the market price for our shares. These provisions may also have the
effect of preventing changes in the composition of our Board of Directors and management. These provisions, summarized below, are intended to discourage coercive takeover practices and inadequate takeover bids. These provisions are also designed to
encourage persons seeking to acquire control of us to first negotiate with our Board of Directors. We believe that the benefits of the increased protection of our potential ability to negotiate with the proponent of an unfriendly or unsolicited
proposal to acquire or restructure us outweigh the disadvantages of discouraging these proposals because negotiation of these proposals could result in an improvement of their terms.

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Anti-takeover statute

We are subject to Section 203 of the DGCL, which prohibits persons deemed to be “interested stockholders” from engaging in a “business
combination”