Company: INMB
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003354
Chunk: 203

Company: Inmune Bio, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1A
Chunk 203
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 procedures.

Our stock price may be volatile.

The market price of our common
stock is likely to be highly volatile and could fluctuate widely in price in response to various factors, many of which are beyond our
control, including the following:

    ●
    changes in our industry;

    ●
    competitive pricing pressures;

    ●
    our ability to obtain working capital financing;

    ●
    additions or departures of key personnel;

    ●
    limited “public float” in the hands of a small number of persons whose sales or lack of sales could result in positive or negative pricing pressure on the market price for our common stock;

    ●
    sales of our common stock;

    ●
    our ability to execute our business plan;

    ●
    operating results that fall below expectations;

    ●
    loss of any strategic relationship;

    ●
    regulatory developments;

    ●
    economic and other external factors;

    ●
    period-to-period fluctuations in our financial results; and

    ●
    inability to develop or acquire new or needed technology or products.

In addition, the securities
markets have from time-to-time experienced significant price and volume fluctuations that are unrelated to the operating performance of
particular companies. These market fluctuations may also materially and adversely affect the market price of our Common Stock.

52

You may have difficulty trading and obtaining
quotations for our common stock.

Our securities are not actively
traded, and the bid and asked prices for our common stock may fluctuate widely. As a result, investors may find it difficult to dispose
of, or to obtain accurate quotations of the price of, our securities. This severely limits the liquidity of the common stock and would
likely reduce the market price of our common stock and hamper our ability to raise additional capital. There is a limited market for our
securities. Accordingly, investors may therefore bear the economic risk of an investment in our securities for an indefinite period of
time.

Additional stock offerings in the future
may dilute your percentage ownership of our company.

Given our plans and expectations
that we may need additional capital and personnel, we may need to issue additional shares of common stock or securities convertible or
exercisable for shares of common stock, including convertible preferred stock, convertible notes, stock options or warrants. The issuance
of additional securities in the future will dilute the percentage ownership of then current stockholders.

Our internal control over financial reporting may not
meet the standards required by Section 404 of the