Company: NXNVW
Filing Date: 2025-04-25
Form Type: S-3
Source: 0001213900-25-035543
Chunk: 25

Company: NEXTNAV INC.
Filing Date: 2025-04-25
Form: S-3
Chunk 25
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 exercise of the Registered Warrants, a holder would be entitled to receive a fractional interest in a share of Common Stock, we will, at our election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the last reported sale price on the last trading day ending prior to the date of delivery of the notice of exercise, or round up to the next whole share of Common Stock . We have agreed that any dispute based on or arising out of, under or in connection with the Registered Warrants or any course of conduct, course of dealing, statements or actions or omissions of any party relating to the Registered Warrants will be brought in the Delaware Court of Chancery (or, in the case of claims to which the federal courts have jurisdiction, the United States District Court for the District of Delaware). We irrevocably submit to such jurisdiction and waive any objection we may have concerning the venue or convenience of such forum. Anti- Takeover Effects of our Charter and Bylaws Our charter, our bylaws and the DGCL contain provisions, which are summarized in the following paragraphs, that are intended to enhance the likelihood of continuity and stability in the composition of our Board. These provisions are intended to avoid costly takeover battles, reduce our vulnerability to a hostile change of control and enhance the ability of our Board to maximize stockholder value in connection with any unsolicited offer to acquire us. However, these provisions may have an anti-takeover effect and may delay, deter or prevent a merger or acquisition of us by means of a tender offer, a proxy contest or other takeover attempt that a stockholder might consider in its best interest, including those attempts that might result in a premium over the prevailing market price for the shares of our Common Stock held by stockholders.

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These provisions include: Special Meetings of Stockholders Our charter and bylaws provide that, subject to applicable law and the rights, if any, of the holders of any outstanding series of the preferred stock, special meetings of our stockholders may be called only by the chairman of our Board, our chief executive officer, or our Board pursuant to a resolution adopted by a majority of the Board. Our bylaws also prohibit the conduct of any business at a special meeting other than as specified in the notice for such meeting. These provisions may have the effect of deferring, delaying or discouraging hostile takeovers, or changes in control or management of the Company. Advance Notice Procedures Our bylaws establish an advance notice procedure for stockholders