Company: INDP
Filing Date: 2025-08-13
Form Type: S-3
Source: 0001641172-25-023490
Chunk: 16

Company: Indaptus Therapeutics, Inc.
Filing Date: 2025-08-13
Form: S-3
Chunk 16
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 not owned by the interested stockholder.                                                                                               |

Section 203 defines a “business combination” to include:

| ● | any merger or consolidation                                                                                                                
 involving the corporation and the interested stockholder;                                                                                  |
| ● | any sale, lease, exchange,                                                                                                                 
 mortgage, pledge, transfer or other disposition of 10% or more of the assets of the corporation to or with the interested stockholder;     |
| ● | subject to exceptions,                                                                                                                     
 any transaction that results in the issuance or transfer by the corporation of any stock of the corporation to the interested stockholder; |
| ● | subject to exceptions,                                                                                                                     
 any transaction involving the corporation that has the effect of increasing the proportionate share of the stock of any class or           
 series of the corporation beneficially owned by the interested stockholder; or                                                             |
| ● | the receipt by the interested                                                                                                              
 stockholder of the benefit of any loans, advances, guarantees, pledges or other financial benefits provided by or through the corporation. |

In general, Section 203 defines an “interested stockholder” as any person that is:

| ● | the owner of 15% or more                            
 of the outstanding voting stock of the corporation; |

| ● | an affiliate or associate                                                                                                             
 of the corporation who was the owner of 15% or more of the outstanding voting stock of the corporation at any time within three years 
 immediately prior to the relevant date; or                                                                                            |
| ● | the affiliates and associates                                                                                                         
 of the above.                                                                                                                         |

Under specific circumstances, Section 203 makes it more difficult for an “interested stockholder” to effect various business combinations with a corporation for a three-year period, although the stockholders may, by adopting an amendment to the corporation’s certificate of incorporation or bylaws, elect not to be governed by Section 203. The election not to be governed by Section 203 is effective (i) upon the filing of the certificate of amendment with the Secretary of State of the State of Delaware or the adoption of the amendment to the bylaws, as applicable, for a corporation that does not have a class of voting stock listed on a national securities exchange or held of record by more than 2,000 stockholders or (ii) 12 months after such action for all other corporations.

Our Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws do not exclude us from the restrictions of Section 203. We anticipate that the provisions of Section 203 might encourage companies interested