Company: LIMN
Filing Date: 2025-01-16
Form Type: POS AM
Source: 0001104659-25-003835
Chunk: 303

Company: Liminatus Pharma, Inc.
Filing Date: 2025-01-16
Form: POS AM
Chunk 303
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 exemption from liability or limitation thereof is not permitted under the DGCL as the same exists or may hereafter be amended unless they violated their duty of loyalty to ParentCo or its stockholders, acted in bad faith, knowingly or intentionally violated the law, authorized unlawful payments of dividends, unlawful stock purchases or unlawful redemptions, or derived improper personal benefit from their actions as directors. | ​ | ​ | The Iris Certificate of Incorporation provides that a director of Iris will not be liable to Iris or its stockholders for monetary damages for breach of fiduciary duty as a director, except to the extent such exemption from liability or limitation thereof is not permitted under the DGCL. Any amendment, modification or repeal of the foregoing provision will not adversely affect any right or protection of a director of Iris in respect of any act or omission occurring prior to the time of such amendment, modification or repeal.                                           | ​ |
| ​ | Indemnification of Directors and Officers                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | ​ |
| ​ | The Proposed ParentCo Certificate of Incorporation provides that the Surviving Corporation shall indemnify, to the full extent permitted by applicable law, any person who was or is a party or is threatened to be made a party to or otherwise involved any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that he or she, is or was a director or officer of the Surviving Corporation or, while a director or officer of the Surviving Corporation, is                                                                                                                                                                                                                 | ​ | ​ | The Iris Certificate of Incorporation provides that Iris will indemnify to the full extent authorized or permitted by law any person made, or threated to be made, a party to any action, suit or proceeding (whether civil, criminal or otherwise) by reason of the fact that he or she is or was a director or officer of Iris or by reason of the fact that such director or officer, at the request of Iris, is or was serving any other corporation, partnership, joint venture, trust, employee benefit plan or other enterprise, in any capacity. No amendment or repeal of the above | ​ |

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TABLE OF CONTENTS

| ​ | ParentCo (the “Surviving Corporation”)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | ​ | ​ | Iris                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | ​ |
| ​ | or was serving at the request of the Surviving Corporation as a director, officer, employee