Company: INMB
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003354
Chunk: 89

Company: Inmune Bio, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 89
---
 could change in unpredictable
ways that would weaken our ability to obtain new patents or to enforce patents that we might obtain in the future.

Similarly, changes in patent
law and regulations in other countries or jurisdictions or changes in the governmental bodies that enforce them or changes in how the
relevant governmental authority enforces patent laws or regulations may weaken our ability to obtain new patents or to enforce patents
that we have licensed or that we may obtain in the future. For example, the complexity and uncertainty of European patent laws have also
increased in recent years. In Europe, in June 2023, a new unitary patent system was introduced, which will significantly impact European
patents, including those granted before the introduction of the system. Under the unitary patent system, after a European patent is granted,
the patent proprietor can request unitary effect, thereby getting a European patent with unitary Effect, or a Unitary Patent. Each Unitary
Patent is subject to the jurisdiction of the Unitary Patent Court, or the UPC. As the UPC is a new court system, there is no precedent
for the court, increasing the uncertainty of any litigation. Patents granted before the implementation of the UPC will have the option
of opting out of the jurisdiction of the UPC and remaining as national patents in the UPC countries. Patents that remain under the jurisdiction
of the UPC may be potentially vulnerable to a single UPC-based revocation challenge that, if successful, could invalidate the patent in
all countries who are signatories to the UPC. We cannot predict with certainty the long-term effects of the new unitary patent system.

51

Risks Related to our Common Stock 

We do not intend to pay dividends for the
foreseeable future.

We have paid no dividends
on our common stock to date, and we do not anticipate paying any dividends to holders of our common stock in the foreseeable future. While
our future dividend policy will be based on the operating results and capital needs of the business, we anticipate that we will retain
any earnings to finance our future expansion and for the implementation of our business plan. As an investor, you should take note of
the fact that a lack of a dividend can further affect the market value of our common stock and could significantly affect the value of
any investment in our Company.

We are subject to the reporting requirements
of federal securities laws, which can be expensive and may divert resources from other projects, thus impairing our ability grow.

We are a public reporting
company and, accordingly