Company: CMND
Filing Date: 2025-06-12
Form Type: POS AM
Source: 0001213900-25-053898
Chunk: 27

Company: Clearmind Medicine Inc.
Filing Date: 2025-06-12
Form: POS AM
Chunk 27
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 the certificate of incorporation requires a higher percentage.                                                   
 However, under the DGCL, mergers in which less than 20% of a corporation’s                                                             
 stock outstanding immediately prior to the effective date of the merger is issued generally do not require stockholder approval.       
 In certain situations, the approval of a business combination may require approval by a certain number of the holders of a class       
 or series of shares. In addition, Section 251(h) of the DGCL provides that stockholders of a constituent corporation need not vote     
 to approve a merger if: (i) the merger agreement permits or requires the merger to be effected under Section 251(h) and provides       
 that the merger shall be effected as soon as practicable following the tender offer or exchange offer, (ii) a corporation consummates  
 a tender or exchange offer for any and all of the outstanding stock of such constituent corporation that would otherwise be entitled   
 to vote to approve the merger, (iii) following the consummation of the offer, the stock accepted for purchase or exchanges plus the    
 stock owned by the consummating corporation equals at least the percentage of stock that would be required to adopt the agreement      
 of merger under the DGCL, (iv) the corporation consummating the offer merges with or into such constituent corporation and (v) each    
 outstanding share of each class or series of stock of the constituent corporation that was the subject of and not irrevocably accepted 
 for purchase or exchange in the offer is to be converted in the merger into, or the right to receive, the same consideration to be     
 paid for the shares of such class or series of stock of the constituent corporation irrevocably purchased or exchanged in such offer.  
 The DGCL does not contain a procedure comparable to a plan of                                                                          
 arrangement under BCBCA.                                                                                                               |     | Under the BCBCA and our articles, certain extraordinary company                                                                         
 alterations, such as changes to authorized share structure, continuances, into or out of province, certain amalgamations, sales,        
 leases or other dispositions of all or substantially all of the undertaking of a company (other than in the ordinary course of          
 business) liquidations, dissolutions, and certain arrangements are required to be approved by ordinary or special resolution            
 as applicable.                                                                                                                          
 An ordinary resolution is a resolution (i) passed at a shareholders’                                                                    
 meeting by a simple majority, or (ii) passed, after being submitted to all of the shareholders, by being consented