Company: INMB
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003354
Chunk: 93

Company: Inmune Bio, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 93
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 risk and periodically updates our Board of Directors
on such matters. The Audit Committee receives periodic updates from management regarding cybersecurity matters, and is notified between
such updates regarding any significant new cybersecurity threats or incidents. We do not believe that there are currently any known risks
from cybersecurity threats that are reasonably likely to materially affect us or our business strategy, results of operations or financial
condition.

Our Chief Financial Officer
is responsible for the operational oversight of company-wide cybersecurity strategy, policy, and standards across relevant departments
to assess and help prepare us to address cybersecurity risks.

ITEM 2. PROPERTIES

The Company leases approximately
5,000 square feet of office space in Boca Raton, Florida from a third-party, which serves as the headquarters of the Company. We currently
pay approximately $16,000 per month for this lease which expires in March 2027.

We believe our current facilities
are suitable and adequate to meet our current needs.

ITEM 3. LEGAL PROCEEDINGS

We currently are not a party
to any material litigation or other material legal proceedings. We may, from time to time, be subject to legal proceedings and claims
arising in the normal course of business.

ITEM 4. MINE SAFETY DISCLOSURES

Not applicable.

54

PART II

ITEM 5. MARKET FOR REGISTRANT’S COMMON
EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Common Stock 

Our common stock trades under the symbol “INMB” on The Nasdaq
Capital Market and has been publicly traded since February 4, 2019. Prior to this time, there was no public market for our common stock.

As of December 31, 2024,
there were 28 holders of record of our common stock. Because shares of our common stock are held by depositories, brokers and other nominees,
the number of beneficial holders of our shares is substantially larger than the number of record holders.

Dividend Policy

We have not declared any cash
dividends on our common stock since inception and do not anticipate paying such dividends in the foreseeable future. We plan to retain
any future earnings for use in our business operations. Any decisions as to future payment of cash dividends will depend on our earnings
and financial position and such other factors as the Board of Directors deems relevant.

Securities Authorized for Issuance Under Equity
Compensation Plans

Information about our equity
compensation plans in Item 12