Company: IMNN
Filing Date: 2025-06-09
Form Type: DEF 14A
Source: 0001641172-25-014324
Chunk: 78

Company: Imunon, Inc.
Filing Date: 2025-06-09
Form: DEF 14A
Chunk 78
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 and its stockholders and will help us continue to be able to attract, retain and reward persons important to our success. All members of the Board and all of our executive officers are eligible for awards under the 2018 Plan and thus have a personal interest in the approval of the proposal to increase the number of shares available for issuance under the 2018 Plan.

Vote Required

The affirmative vote of a majority of the votes cast affirmatively or negatively for this proposal will be required to approve the amendment to the 2018 Plan.

<div align='center'>THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS A VOTE “FOR” THE PROPOSAL TO
APPROVE THE AMENDMENT OF THE IMUNON, INC. 2018 STOCK INCENTIVE PLAN AS
DESCRIBED ABOVE.</div>

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<div align='center'>PROPOSAL NO. 8:

APPROVAL OF THE ADJOURNMENT OF THE ANNUAL MEETING, IF NECESSARY, TO SOLICIT ADDITIONAL PROXIES IF THERE ARE INSUFFICIENT VOTES AT THE TIME OF THE ANNUAL MEETING TO APPROVE any of the proposals presented for a vote at the Annual Meeting.</div>

Background of and Rationale for the Proposal

The Board believes that if there are insufficient votes of the Company’s common stock to approve any of the proposals presented for a vote at the Annual Meeting, it is in the best interests of the stockholders to enable the Board to continue to seek to obtain a sufficient number of additional votes to approve any applicable proposal.

In the Adjournment Proposal, we are asking stockholders to authorize the holder of any proxy solicited by the Board to vote in favor of adjourning or postponing the Annual Meeting or any adjournment or postponement thereof. If our stockholders approve this proposal, we could adjourn or postpone the Annual Meeting, and any adjourned session of the Annual Meeting, to use the additional time to solicit additional proxies in favor of any of the proposals presented for a vote at the Annual Meeting.

Additionally, approval of the Adjournment Proposal could mean that, we could adjourn or postpone the Annual Meeting without a vote on the applicable proposal and use the additional time to solicit the holders of common stock to change their vote in favor of the applicable proposal.

If it is necessary or appropriate to adjourn the Annual Meeting, no notice of the adjourned meeting is required to
be given to our stockholders