Company: BLLN
Filing Date: 2025-10-17
Form Type: S-1/A
Source: 0001193125-25-242632
Chunk: 324

Company: BillionToOne, Inc.
Filing Date: 2025-10-17
Form: S-1/A
Chunk 324
---
 liability company or other entity of which the lock-up party and its immediate family are the legal
and beneficial owner of all of the outstanding equity securities or similar interests, (v) to a nominee or custodian of a person or entity to whom a disposition or transfer would be permissible under clauses (i) through (iv), (vi) in the
case of a corporation, partnership, limited liability company, trust or other business entity, (A) to another corporation, partnership, limited liability company, trust or other business entity that is an affiliate of the lock-up party, or to any investment fund or other entity controlling, controlled by, managing or managed by or under common control with the lock-up party or its affiliates
(including, for the avoidance of doubt, where the lock-up party is a partnership, to its general partner or a successor partnership or fund, or any other funds managed by such partnership), or (B) as part
of a distribution to members or stockholders of the lock-up party; (vii) by operation of law, such as pursuant to a qualified domestic order, divorce settlement, divorce decree or separation agreement,
(viii) to us from an employee upon death, disability or termination of employment, in each case, of such employee, (ix) as part of a sale of lock-up securities acquired (A) from underwriters in
this offering or (B) in open market transactions after the completion of this offering, (x) to us in connection with the vesting, settlement, or exercise of restricted stock units, options, warrants or other rights to purchase shares of
our common stock (including, in each case, by way of “net” or “cashless” exercise), including for the payment of exercise price, tax or remittance payments due as a result of the vesting, settlement, or exercise of such
restricted stock units, options, warrants or rights, provided that any such shares of our common stock received upon such exercise, vesting or settlement shall be subject to the terms of such lock-up
agreement, and provided

239

further that any such restricted stock units, options, warrants or rights are held by the lock-up party pursuant to an agreement or equity awards granted
under a stock incentive plan or other equity award plan, each such agreement or plan which is described in this prospectus, (xi) in “sell to cover” or similar open market transactions by an employee of the Company (who is not a
Section 16 officer or director