Company: IMNN
Filing Date: 2025-04-04
Form Type: S-1
Source: 0001641172-25-002783
Chunk: 30

Company: Imunon, Inc.
Filing Date: 2025-04-04
Form: S-1
Chunk 30
---
 voting stock owned by the interested stockholder) those shares 
 owned (i) by persons who are directors and also officers and (ii) pursuant to employee stock plans in which employee participants   
 do not have the right to determine confidentially whether shares held subject to the plan will be tendered in a tender or exchange  
 offer; and                                                                                                                          |
| ● | on                                                                                                                                  
 or after such date, the business combination is approved by the board of directors and authorized at an annual or special meeting   
 of the stockholders, and not by written consent, by the affirmative vote of at least 66 2/3 percent of the outstanding voting stock 
 that is not owned by the interested stockholder.                                                                                    |

In general, Section 203 defines a business combination to include the following:

| ● | any                                                                                                                                  
 merger or consolidation involving the corporation and the interested stockholder;                                                    |
| ● | any                                                                                                                                  
 sale, lease, transfer, pledge or other disposition of ten percent or more of the assets of the corporation to or with the interested 
 stockholder;                                                                                                                         |
| ● | subject                                                                                                                              
 to certain exceptions, any transaction that results in the issuance or transfer by the corporation of any stock of the corporation   
 to the interested stockholder;                                                                                                       |
| ● | any                                                                                                                                  
 transaction involving the corporation that has the effect of increasing the proportionate share of the stock or any class or series  
 of the corporation beneficially owned by the interested stockholder; and                                                             |
| ● | the                                                                                                                                  
 receipt by the interested stockholder of the benefit of any loss, advances, guarantees, pledges or other financial benefits by or    
 through the corporation.                                                                                                             |

In general, Section 203 of the DGCL defines an “interested stockholder” as an entity or person who, together with the entity’s or person’s affiliates and associates, beneficially owns, or is an affiliate of the corporation and within three years prior to the time of determination of interested stockholder status did own, 15 percent or more of the outstanding voting stock of the corporation.

A Delaware corporation may “opt out” of these provisions with an express provision in its Certificate of Incorporation. We have not opted out of these provisions, which may as a result, discourage or prevent mergers or other takeover or change of control attempts of us.

| 17 |

<div align='center'>DESCRIPTION OF SECURITIES WE ARE OFFERING</div>

We are offering up to 10,000,000 shares of our Common Stock or pre-funded warrants in