Company: LIMN
Filing Date: 2025-01-16
Form Type: POS AM
Source: 0001104659-25-003835
Chunk: 300

Company: Liminatus Pharma, Inc.
Filing Date: 2025-01-16
Form: POS AM
Chunk 300
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| ​ | The Proposed ParentCo Certificate of Incorporation provides that holders of shares of Common Stock shall not have cumulative voting rights with regard to election of directors.                                                                                                                                                                                                                                                                                                                                                                            | ​ | ​ | The Iris Certificate of Incorporation provides that holders of shares of Common Stock shall not have cumulative voting rights with regard to election of directors.                                                                                                                                                                                                                                                                                                                                               | ​ |
| ​ | Classification of Board of Directors                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | ​ |
| ​ | The Proposed ParentCo Certificate of Incorporation provides that the board will be divided into three classes, designated Class I, Class II and Class III. The board is authorized to designate the members of the board in office at the time of adoption of the Proposed ParentCo Certificate of Incorporation or at the time of the creation of a new directorship to Class I, Class II or Class III. The term of the Initial Class I Directors                                                                                                          | ​ | ​ | The Iris Certificate of Incorporation provides for a classified board of directors, divided into two classes, each of which will generally serve for a term of two years with only one class of directors being elected in each year.                                                                                                                                                                                                                                                                             | ​ |

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TABLE OF CONTENTS

| ​ | ParentCo (the “Surviving Corporation”)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | ​ | ​ | Iris                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | ​ |
| ​ | expires at the first annual meeting of the stockholders following the effectiveness of the Proposed ParentCo Certificate of Incorporation; the term of the initial Class II Directors will expire at the second annual meeting following the effectiveness of the Proposed ParentCo Certificate of Incorporation; and the term of the initial Class III directors will expire at the third annual meeting following the effectiveness of the Proposed ParentCo Certificate of Incorporation. At each succeeding annual meeting of the stockholders, each of the successors elected to replace the expiring class of directors will be elected for a three year term. If the number of directors that constitutes the board is changed, any increase or decrease will be apportioned by the board among the classes so as to maintain the number of directors in each class as nearly equal as possible, without shortening the term of any incumbent director. | ​ | ​ | ​                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | ​ |
| ​ | Removal of Directors                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | ​ |
| ​ | The Proposed ParentCo Certificate of Incorporation provides that