Company: PTHS
Filing Date: 2025-05-09
Form Type: PREM14C
Source: 0001140361-25-018219
Chunk: 455

Company: Pelthos Therapeutics Inc.
Filing Date: 2025-05-09
Form: PREM14C
Chunk 455
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ated from time to time); and (b) subject to the preceding provisions thereof, the federal district courts of the United States of America will be the exclusive forum for the resolution of any complaint asserting a cause of action arising under the Securities Act or the Exchange Act. |     | The Delaware Certificate of Incorporation provides that, unless LNHC consents in writing to the selection of an alternative forum, the Court of Chancery of the State of Delaware will be the sole and exclusive forum for (i) any derivative action or proceeding brough on behalf of LNHC, (ii) any action asserting a claim for breach of a fiduciary duty owed by any director, officer, employee or agent of LNHC to LNHC or LNHC’s stockholders, (iii) any action asserting a claim arising pursuant to any provision of the DGCL, the Delaware Certificate of Incorporation or the Delaware Bylaws or (iv) any action asserting a claim governed by the internal affairs doctrine, in each case subject to the Court of Chancery having personal jurisdiction over the indispensable parties named as defendants therein. |
| Charter regarding inapplicability of combinations with interested stockholders statutes |     | The Nevada Articles of Incorporation provide that if Channel becomes a “resident domestic corporation” (as defined in NRS Section 78.427), Channel expressly elects that it will not be subject to, or governed by, any of the provisions in NRS Sections 78.411 through 78.444 (Combinations with Interested Stockholders), inclusive, as may be amended from time to time, and Sections 78.378 through 78.3793 (Acquisition of Controlling Interest), inclusive, as may be amended from time to time, or any successor statutes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |     | The Delaware Certificate of Incorporation does not expressly address the applicability of combinations with interested stockholders statutes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

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| Provisions                                                              |     | Nevada                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |     | Delaware                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| Bylaws regarding voting                                                 |     | The Nevada Bylaws provide that at all meetings of Channel’s stockholders, other than for the approval of the election of directors, all other matters or questions shall, unless otherwise provided by applicable law, the Nevada Articles of Incorporation or the Nevada Bylaws, be decided by a majority of all of the votes cast by the holders of shares of stock entitled to vote thereon.                                                                                                           |