Company: PTHS
Filing Date: 2025-05-09
Form Type: PREM14C
Source: 0001140361-25-018219
Chunk: 33

Company: Pelthos Therapeutics Inc.
Filing Date: 2025-05-09
Form: PREM14C
Chunk 33
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 transactions contemplated thereby that involve substantial risks and uncertainties. These forward-looking statements are based on current expectations and beliefs and involve numerous risks and uncertainties that could cause actual results to differ materially from expectations. These forward-looking statements should not be relied upon as predictions of future events, as neither Channel nor LNHC can assure you that the events or circumstances reflected in these statements will be achieved or will occur. You can identify forward-looking statements by the use of forward-looking terminology, including “anticipates,” “target,” “believes,” “continue,” “could,” “design,” “estimates,” “expects,” “intends,” “may,” “plans,” “potentially,” “predict,” “pro forma” “seeks,” “should,” “will,” “project,” “contemplate” or the negative of these words and phrases or other variations of these words and phrases or comparable terminology. Forward-looking statements contained in this information statement include, but are not limited to, statements about:

| • | the strategies, prospects, plans, expectations and objectives of management of Channel or LNHC for future operations of the combined company following the closing of the Merger; |

| • | the closing of the Merger, including the timing of the consummation of the Merger; |

| • | the likelihood of the satisfaction of other conditions to the closing of the Merger and whether and when the Merger will be consummated; |

| • | the exchange ratio, and relative ownership levels as of the Effective Time; |

| • | the expected benefits of and potential value created by the Merger for the stockholders of Channel and LNHC; |

| • | LNHC’s ability to control and correctly estimate its operating expenses and its expenses associated with the Merger; |

| • | Channel’s expectations regarding its ability to fund its operating expenses and capital expenditure requirements with its cash, cash equivalents and investments; |

| • | the cash balances of the combined company following the Effective Time; |

| • | the ability to consummate the PIPE Financing and the expected benefits of the PIPE Financing, including the cash runway it is expected to provide the combined company; |

| • | the ability of Channel and the combined company to maintain compliance with The NYSE American listing standards; |

| • | the plans, strategies and objectives of management for future operations, including the execution of integration plans and the anticipated timing of filings; |

| • | Channel’s expectations regarding the reconsideration of its strategic alternatives in the event the Merger is not completed