Company: PTHS
Filing Date: 2025-05-27
Form Type: DEFM14C
Source: 0001140361-25-020509
Chunk: 263

Company: Pelthos Therapeutics Inc.
Filing Date: 2025-05-27
Form: DEFM14C
Chunk 263
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) | Channel shall have delivered to the PIPE Investors a copy of the irrevocable transfer agent instructions, in the form reasonably acceptable to the PIPE Investors, which instructions shall have been delivered to and acknowledged in writing by the Channel’s transfer agent; |

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| (d) | Channel shall have delivered to the PIPE Investors a certificate evidencing the formation and good standing of Channel in its jurisdiction of formation issued by the Secretary of State (or comparable office) of such jurisdiction of formation as of a date within ten (10) days of the date of the closing of the Transactions; |

| (e) | Channel shall have delivered to the PIPE Investors a certified copy of the Articles of Incorporation and the Certificate of Designations of Rights and Preferences of Series A Convertible Preferred Stock (the “Series A Certificate of Designations”) as certified by the Nevada Secretary of State within ten (10) days of the date of the closing of the Transactions; |

| (f) | Channel shall have delivered to the PIPE Investors a certificate, in the form acceptable to the PIPE Investors, executed by the Secretary of Channel and dated as of the date of the closing of the Transactions, as to (i) the resolutions consistent with the Purchase Agreement as adopted by the Channel’s board of directors in a form reasonably acceptable to such Buyer, (ii) the Articles of Incorporation of Channel and (iii) the Bylaws of Channel, each as in effect at the closing of the Transactions; |

| (g) | each and every representation and warranty of Channel shall be true and correct as of the date when made and as of the closing of the Transactions as though originally made at that time (except for representations and warranties that speak as of a specific date, which shall be true and correct as of such specific date) and Channel shall have performed, satisfied and complied in all respects with the covenants, agreements and conditions required to be performed, satisfied or complied with by Channel at or prior to the closing of the Transactions. The PIPE Investors shall have received a certificate, duly executed by the Chief Executive Officer of Channel, dated as of the closing of the Transactions, to the foregoing effect and as to such other matters as may be reasonably requested by the PIPE Investors in the form acceptable to such PIPE Investors; |

| (h) | Channel shall have delivered to the PIPE Investors a letter from Channel’s transfer agent certifying the number of Channel common shares outstanding on the date immediately prior to the closing of the Transactions; |

| (