Company: LBRX
Filing Date: 2025-07-23
Form Type: DRS/A
Source: 0000950123-25-006557
Chunk: 312

Company: LB PHARMACEUTICALS INC
Filing Date: 2025-07-23
Form: DRS/A
Chunk 312
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 disposition of 10% or more of the assets of the corporation involving the 
 interested stockholder (in one transaction or a series of transactions);                                      |

| • |     | subject to certain exceptions, any transaction that results in the issuance or transfer by the corporation or by                                         
 any direct or indirect majority-owned subsidiary of the corporation of any stock of the corporation or of such subsidiary to the interested stockholder; |

| • |     | any transaction involving the corporation or any direct or indirect majority-owned subsidiary of the corporation                                                                               
 that has the effect, directly or indirectly, of increasing the proportionate share of the stock or any class or series of the corporation beneficially owned by the interested stockholder; or |

| • |     | any receipt by the interested stockholder of the benefit, directly or indirectly, of any loans, advances, 
 guarantees, pledges, or other financial benefits by or through the corporation.                           |

In general, Section 203 defines an “interested stockholder” as any entity or person who, together with the person’s affiliates and associates, beneficially owns, or within three years prior to the time of determination of interested stockholder status did own, 15% or more of the outstanding voting stock of the corporation. Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws Provisions of our amended and restated certificate of incorporation and amended and restated bylaws that will become effective immediately prior to the closing of this offering may delay or discourage transactions involving an actual or potential change in our control or change in our management, including transactions in which stockholders might otherwise receive a premium for their shares or transactions that our stockholders might otherwise deem to be in their best interests. Therefore, these provisions could adversely affect the price of 213

our common stock. Among other things, our amended and restated certificate of incorporation and amended and restated bylaws:

| • |     | permit our board of directors to issue, without further action by the stockholders, up to                                                                                                                           
 shares of preferred stock, with any rights, preferences and privileges as they may designate (including the right to approve an acquisition or other change in our control) that may be senior to our common stock; |

| • |     | provide that the authorized number of directors may be changed only by resolution of our board of directors; |

| • |     | provide that, subject to the rights of any series of preferred stock to elect directors, directors may only be                                                                                                                                            
 removed for cause, which removal