Company: NDRA
Filing Date: 2025-10-30
Form Type: 424B5
Source: 0001213900-25-103705
Chunk: 58

Company: ENDRA Life Sciences Inc.
Filing Date: 2025-10-30
Form: 424B5
Chunk 58
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 registered in the name of a depository or its nominee to the depository
or its nominee as the registered owner of the registered global security. None of ENDRA, the trustee, or any paying agent for debt securities
represented by a registered global security will have any responsibility or liability for:

| ● | any aspect of the records relating to, or payments made on account of, beneficial ownership interests in such registered global security; |

| ● | maintaining, supervising, or reviewing any records relating to beneficial ownership interests; |

| ● | the payments to beneficial owners of the global security of amounts paid to the depository or its nominee; or |

| ● | any other matter relating to the actions and practices of the depository, its nominee or any of its participants. |

We expect that the depository, upon receipt of
any payment of principal, premium or interest in respect of the global security, will immediately credit participants’ accounts
with payments in amounts proportionate to their beneficial interests in the principal amount of a registered global security as shown
on the depository’s records. We also expect that payments by participants to owners of beneficial interests in a registered global
security held through participants will be governed by standing instructions and customary practices. This is currently the case with
the securities held for the accounts of customers registered in “street name.” Such payments will be the responsibility of
participants.

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Exchange of Registered Global Securities

We may issue debt securities in definitive form
in exchange for the registered global security if both of the following occur:

| ● | the depository for any debt securities represented by a registered global security is at any time unwilling or unable to continue 
 as depository or ceases to be a clearing agency registered under the Exchange Act; and                                            |

| ● | we do not appoint a successor depository within 90 days. |

In addition, we may, at any time, determine not
to have any of the debt securities of a series represented by one or more registered global securities. In this event, we will issue debt
securities of that series in definitive form in exchange for all of the registered global security or securities representing those debt
securities.

Covenants by ENDRA

The indenture includes covenants by us, including
among other things that we will make all payments of principal and interest at the times and places required. The supplemental indenture
establishing each series of debt securities may contain additional covenants, including covenants which