CERTIFICATE OF DESIGNATION OF
SERIES A JUNIOR PREFERRED STOCK OF
BIOATLA, INC.
BioAtla, Inc., a Delaware corporation (the “Corporation”), does hereby certify that the following resolution was duly adopted by the Board of Directors of the Corporation (the “Board”) by consent in lieu of a meeting pursuant to Section 141(f) of the Delaware General Corporation Law (the “DGCL”):
RESOLVED, that, pursuant to the authority expressly granted to and vested in the Board by the provisions of Amended and Restated Certificate of Incorporation of the Corporation (as amended and/or restated from time to time, the “Certificate”), and in accordance with Section 151 of the DGCL, there is hereby created, out of the authorized, unissued and undesignated shares of preferred stock of the Corporation, par value $0.0001 per share (the “Preferred Stock”), one (1) share of Series A Junior Preferred Stock (the “Junior Preferred Stock”), which share shall be uncertificated and have the following powers, designations, preferences and relative, participating, optional or other rights, and qualifications, limitations or restrictions thereof:
Section 1. Voting.
(a) Except as provided in this Section 1 or as required by law, the Junior Preferred Stock shall not entitle the holder thereof, as such, to vote on any matter.
(b) With respect to any Voting Proposal (as defined below), the Junior Preferred Stock shall entitle the holder thereof, as such, to (i) vote together with the holders of common stock of the Corporation, par value $0.0001 per share (the “Common Stock”), and any other class or series of capital stock of the Corporation entitled to vote thereon together with the Common Stock, as a single class, and (ii) cast a number of votes, in person or by proxy, equal to the number of shares of Common Stock outstanding on the record date for determining stockholders entitled to vote at the meeting at which such Voting Proposal will be submitted (the “Votes”); provided, however, that, in the event the holder of the Junior Preferred Stock purports to cast, in person or by proxy, any Votes other than in accordance with Section 1(c) below, then the Junior Preferred Stock shall not entitle the holder thereof, as such, to vote on such Voting Proposal.
(c) The holder of the Junior Preferred Stock shall cast the Votes as follows: (i) if the Voting Proposal is approved by the holders of at least two-thirds (2/3) of the voting power of the Common Stock present in person or by proxy and entitled to vote thereon, then the holder of the Junior Preferred Stock shall cast all Votes “for” such Voting Proposal or (ii) if the Voting Proposal is not approved by the holders of at least two-thirds (2/3) of the voting power of the Common Stock present in person or by proxy and entitled to vote thereon, then the holder of the Junior Preferred Stock shall cast all Votes “against” such Voting Proposal.
(c) For purposes of this Section 1, “Voting Proposal” shall mean a proposal to approve (i) an amendment to the Certificate to reclassify by combining the issued shares of Common Stock into a lesser number of issued shares of Common Stock, (ii) an