Company: HCWB
Filing Date: 2025-02-21
Form Type: DEF 14A
Source: 0001193125-25-032115
Chunk: 13

Company: HCW Biologics Inc.
Filing Date: 2025-02-21
Form: DEF 14A
Chunk 13
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 HCW Biologics shares or need to change your mailing or email address.                                                                                                                                                |

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| A: | If you need to change the email address that we use to mail proxy materials to you or if you wish to sign up to                                                                                                                           
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| Q: | Who is soliciting my proxy and paying for the expense of solicitation? |

| A: | The proxy for the Special Meeting is being solicited on behalf of our board of directors. We will pay the cost                                                                                                                                            
 of preparing and distributing these proxy materials and soliciting votes. We may, on request, reimburse brokerage firms and other nominees for their expenses in forwarding proxy materials to beneficial owners. In addition to soliciting proxies       
 electronically, we expect that our directors, officers and employees may solicit proxies in person or by telephone, mailings, emails or otherwise. None of these individuals will receive any additional or special compensation for doing this, although 
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 If you choose to access the proxy materials or vote via the internet or by phone, you are responsible for any internet access or phone charges you may incur.                                                                                             |

7

PROPOSAL ONE:

APPROVAL OF AMENDMENT TO THE CHARTER TO EFFECT ONE OR MORE REVERSE STOCK SPLITS OF THE COMMON STOCK AT THE DISCRETION OF THE BOARD OF DIRECTORS

General

We are asking
stockholders to approve a proposed amendment to our Certificate of Incorporation ( the “Charter”) to implement, at the discretion of the Board at any time prior to the one-year anniversary of the
Special Meeting, one or more reverse stock splits of the outstanding shares of our Common Stock in an aggregate range of not less than one-for-twenty (1:20) shares and
not more than one-for-fifty (1:50) shares, (the “Reverse Stock Split Proposal”). The implementation of a Reverse Stock Split will not reduce the total number
of authorized shares of our Common Stock.

The Board has unanimously approved and declared advisable the Reverse Stock Split Proposal and recommended that
our stockholders approve one or more amendments to the Charter, at the