Company: IMNN
Filing Date: 2025-05-19
Form Type: S-1/A
Source: 0001641172-25-011388
Chunk: 40

Company: Imunon, Inc.
Filing Date: 2025-05-19
Form: S-1/A
Chunk 40
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 73,333,333 (in each case, based on an assumed public                              
 offering price of $0.48 per share), assuming full adjustment of the exercise price                      
 to the Floor Price and giving effect to the “zero exercise price” provision.                            |
| ● | Adjustments                                                                                             
 for Reverse Splits and Share Combination Events: If at any time during the term of the                  
 common warrants there occurs any stock split, reverse stock split, stock dividend, stock                
 combination recapitalization or other similar transaction involving our Common Stock (each,             
 a “Share Combination Event”, and such date on which the Share Combination                               
 Event is effected, the “Share Combination Event Date”) and the lowest                                   
 daily dollar volume-weighted average price per share of our Common Stock during the period              
 commencing on the trading day immediately following the applicable Share Combination Event              
 Date and ending on the fifth trading day immediately following the applicable Share Combination         
 Event Date (the “Event Market Price”) (provided if the Share Combination                                
 Event is effective prior to the opening of trading on the market on which shares of our Common          
 Stock are then traded, then, commencing on the Share Combination Event Date and ending on               
 the fourth trading day immediately following the applicable Share Combination Event Date                
 (such period, the “Share Combination Adjustment Period”)) is less than                                  
 the exercise price then in effect (after giving effect to the adjustment for such event),               
 then, at the close of trading on the last day of the Share Combination Adjustment Period,               
 the exercise price then in effect on such fifth trading day will be reduced (but in no event            
 increased) to the Event Market Price and the number of shares of Common Stock issuable upon             
 exercise of a common warrant (such resulting number, the “Share Combination Issuable                    
 Shares”) will be increased such that the aggregate exercise price, after taking                         
 into account the decrease in the exercise price, will be equal to the aggregate exercise                
 price on the date of issuance of the common warrants for the remaining shares of Common Stock           
 then issuable pursuant to the common warrant; provided, however, that in no event will the              
 Event Market Price be lower than the Floor Price; and provided further that notwithstanding             
 the foregoing, if one or more Share Combination Events occurred prior to Stockholder Approval           
 being obtained and the reduction of the exercise price was limited by clause (i) of the definition      
 of Floor Price, once Stockholder Approval is obtained, the Exercise Price will automatically            
 be reduced to equal the greater