Company: LIMN
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001104659-25-006325
Chunk: 230

Company: Liminatus Pharma, Inc.
Filing Date: 2025-01-27
Form: POS AM
Chunk 230
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 aggregate of 3.64 million ParentCo Shares to be held by certain Liminatus Members. The Lock-Up Agreement was subsequently amended on January 2, 2025 to grant a waiver of the lock-up restrictions contained in the Lock-Up Agreement with respect to an aggregate of 6.24 million ParentCo Shares. The business purpose for the waiver was to assist ParentCo in meeting the Nasdaq initial listing standards. No consideration was paid to ParentCo or the Sponsor in connection with such waiver.

#### Additional Agreements to be Executed at Closing
Registration Rights Agreement

In connection with the consummation of the Business Combination, ParentCo will enter into an Amended and Restated Registration Rights Agreement (the “RRA”) with Sponsor, Cantor, certain former members of Liminatus and the PIPE Investor. The RRA includes, among other things, the following provisions:

ParentCo will be required to file a resale shelf registration statement on behalf of the ParentCo security holders party to the agreement within 30 days after the closing of the Business Combination. The RRA also provides certain demand rights and piggyback rights to ParentCo stockholders, subject to certain specified underwriter cutbacks and issuer blackout periods. ParentCo will bear all costs and expenses incurred in connection with the resale shelf registration statement, any demand registration statement, any underwritten takedown, any block trade, any piggyback registration statement prior to its withdrawal and all expenses incurred in performing or complying with its other obligations under the RRA, whether or not the registration statement becomes effective.

The RRA will terminate with respect to any holder party thereto, on the date that such holder party no longer holds any registrable securities.

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TABLE OF CONTENTS

The foregoing description of the RRA does not purport to be complete and is qualified in its entirety by the terms and conditions of the RRA, a form of which is attached hereto as Annex H and is incorporated herein by reference.

Closing Lock-Up Agreements

In connection with the consummation of the Business Combination, ParentCo will enter into Lock-Up Agreements with certain parties that will be entitled to shares of ParentCo Common Stock in connection with the closing of the Transactions (the “Closing Lock-Up Agreements”). The Closing Lock-Up Agreements will include provisions that are reasonably acceptable to Iris.

Warrant Amendment

In connection with the consummation of the Transaction, Iris, ParentCo and Continental will enter into the Warrant Amendment. Pursuant