Company: CMND
Filing Date: 2025-11-19
Form Type: 424B5
Source: 0001213900-25-112329
Chunk: 49

Company: Clearmind Medicine Inc.
Filing Date: 2025-11-19
Form: 424B5
Chunk 49
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 the DGCL.                                                                                                              |

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| Special Vote Required for Combinations with Interested Stockholders/ Shareholders |     | Section 203 of the DGCL provides (in general)                                                                                                  
 that a corporation may not engage in a business combination with an interested stockholder for a period of three years after the time          
 of the transaction in which the person became an interested stockholder. The prohibition on business combinations with interested stockholders 
 does not apply in some cases, including if: (i) the board of directors of the corporation, prior to the time of the transaction in which       
 the person became an interested stockholder, approves (a) the business combination or (b) the transaction in which the stockholder becomes     
 an interested stockholder; (ii) upon consummation of the transaction which resulted in the stockholder becoming an interested stockholder,     
 the interested stockholder owned at least 85% of the voting stock of the corporation outstanding at the time the transaction commenced;        
 or (iii) the board of directors and the holders of at least two-thirds of the outstanding voting stock not owned by the interested stockholder 
 approve the business combination on or after the time of the transaction in which the person became an interested stockholder.                 
 For the purpose of Section 203, the DGCL, subject                                                                                              
 to specified exceptions, generally defines an interested stockholder to include any person who, together with that person’s affiliates         
 or associates, (i) owns 15% or more of the outstanding voting stock of the corporation (including any rights to acquire stock pursuant         
 to an option, warrant, agreement, arrangement or understanding, or upon the exercise of conversion or exchange rights, and stock with          
 respect to which the person has voting rights only), or (ii) is an affiliate or associate of the corporation and owned 15% or more of          
 the outstanding voting stock of the corporation at any time within the previous three years.                                                   |     | The BCBCA does not contain a provision comparable to Section 203 of the DGCL with respect to business combinations. |

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| Appraisal Rights; Rights to Dissent                        |     | Under the DGCL, a stockholder of a corporation participating in some types of major corporate transactions may, under varying circumstances, be entitled to appraisal rights pursuant to which the stockholder may receive cash in the amount of the fair market value of his or her shares in lieu of the consideration he or she