Company: IMNN
Filing Date: 2025-05-19
Form Type: S-1/A
Source: 0001641172-25-011388
Chunk: 35

Company: Imunon, Inc.
Filing Date: 2025-05-19
Form: S-1/A
Chunk 35
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 General Corporation Law

We are subject to Section 203 of the DGCL, which prohibits a Delaware corporation from engaging in any business combination with any interested stockholder for a period of three years after the date that such stockholder became an interested stockholder, with the following exceptions:

| ● | before                                                                                                                            
 such date, the board of directors of the corporation approved either the business combination or the transaction that resulted in 
 the stockholder becoming an interested stockholder;                                                                               |

| 16 |

| ● | upon                                                                                                                                
 completion of the transaction that resulted in the stockholder becoming an interested stockholder, the interested stockholder owned 
 at least 85 percent of the voting stock of the corporation outstanding at the time the transaction began, excluding for purposes    
 of determining the voting stock outstanding (but not the outstanding voting stock owned by the interested stockholder) those shares 
 owned (i) by persons who are directors and also officers and (ii) pursuant to 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; and                                                                                                                          |
| ● | on                                                                                                                                  
 or after such date, the business combination is approved by the board of directors and authorized at an annual or special meeting   
 of the stockholders, and not by written consent, by the affirmative vote of at least 66 2/3 percent of the outstanding voting stock 
 that is not owned by the interested stockholder.                                                                                    |

In general, Section 203 defines a business combination to include the following:

| ● | any                                                                                                                                  
 merger or consolidation involving the corporation and the interested stockholder;                                                    |
| ● | any                                                                                                                                  
 sale, lease, transfer, pledge or other disposition of ten percent or more of the assets of the corporation to or with the interested 
 stockholder;                                                                                                                         |
| ● | subject                                                                                                                              
 to certain exceptions, any transaction that results in the issuance or transfer by the corporation of any stock of the corporation   
 to the interested stockholder;                                                                                                       |
| ● | any                                                                                                                                  
 transaction involving the corporation that has the effect of increasing the proportionate share of the stock or any class or series  
 of the corporation beneficially owned by the interested stockholder; and                                                             |
| ● | the                                                                                                                                  
 receipt by the interested stockholder of the benefit of any loss, advances, guarantees, pledges or other financial benefits by or    
 through the corporation.                                                                                                             |

In general, Section 203 of the DGCL defines