Company: LBRX
Filing Date: 2025-08-22
Form Type: S-1
Source: 0001193125-25-186467
Chunk: 317

Company: LB PHARMACEUTICALS INC
Filing Date: 2025-08-22
Form: S-1
Chunk 317
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) those shares owned (1) by persons who are directors and also officers and (2) employee stock plans in which employee participants do not have the right to determine confidentially whether shares held subject to the            
 plan will be tendered in a tender or exchange offer; or                                                                                                                                                                                                   |

| • |     | at or subsequent to such time, the business combination is approved by the board of directors and authorized at                                                                                         
 an annual or special meeting of stockholders, and not by written consent, by the affirmative vote of at least 66 2/3% of the outstanding voting stock which is not owned by the interested stockholder. |

Section 203 defines a business combination to include:

| • |     | any merger or consolidation involving the corporation or any direct or indirect majority-owned subsidiary of the 
 corporation and the interested stockholder;                                                                      |

| • |     | any sale, transfer, pledge or other disposition of 10% or more of the assets of the corporation involving the 
 interested stockholder (in one transaction or a series of transactions);                                      |

| • |     | subject to certain exceptions, any transaction that results in the issuance or transfer by the corporation or by                                         
 any direct or indirect majority-owned subsidiary of the corporation of any stock of the corporation or of such subsidiary to the interested stockholder; |

| • |     | any transaction involving the corporation or any direct or indirect majority-owned subsidiary of the corporation                                                                               
 that has the effect, directly or indirectly, of increasing the proportionate share of the stock or any class or series of the corporation beneficially owned by the interested stockholder; or |

| • |     | any receipt by the interested stockholder of the benefit, directly or indirectly, of any loans, advances, 
 guarantees, pledges, or other financial benefits by or through the corporation.                           |

In general, Section 203 defines an “interested stockholder” as any entity or person who, together with the person’s affiliates and associates, beneficially owns, or within three years prior to the time of determination of interested stockholder status did own, 15% or more of the outstanding voting stock of the corporation. Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws Provisions of our amended and restated certificate of incorporation and amended and restated bylaws that will become effective immediately prior to the closing of this offering may delay or discourage transactions involving an actual or potential change in our control or change in our management, including transactions in which stockholders might otherwise