Company: IMNN
Filing Date: 2025-05-30
Form Type: PRE 14A
Source: 0001641172-25-013068
Chunk: 77

Company: Imunon, Inc.
Filing Date: 2025-05-30
Form: PRE 14A
Chunk 77
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 Jeffrey W. Church                                                   
 Former                                                              
 Executive Vice President and CFO                                    |     |                                                                 |  12,500 |
| All current executive officers, as a group                          |     |                                                                 | 641,681 |
| All current directors who are not executive                         
 officers, as a group                                                |     |                                                                 |  53,407 |
| All current employees who are not executive                         
 officers, as a group                                                |     |                                                                 | 301,247 |

The Board of Directors believes that the adoption of the increase in the number of shares available for issuance under the 2018 Plan will promote the interests of the Company 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>

| 58 |

<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,