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0 0 0.0188926300037411 -0.0366629255518146 0.01010101010101 -0.0460157126823795 -0.00392817059483745 -0.0179573512906847
Stock impact report

IMUNON Reports Inducement Grant Under NASDAQ Listing Rule 5635(c)(4)

Imunon, Inc. (IMNN) 
Company Research Source: GlobeNewswire
LAWRENCEVILLE, N.J., Oct. 07, 2024 (GLOBE NEWSWIRE) -- IMUNON, Inc. (NASDAQ: IMNN) (the “Company”), a clinical-stage company in late-stage development with its DNA-mediated immunotherapy, today announced that the Compensation Committee of the Company’s Board of Directors approved the grant of (i) inducement stock options to purchase a total of 60,000 shares of the Company’s common stock to one individual hired by Imunon during the fourth quarter of 2024 and (ii) inducement stock options to purchase a total of 50,000 shares of common stock to Susan Eylward, hired by Imunon as General Counsel and Secretary effective October 7, 2024 (collectively, the “Inducement Option Grants”). The Inducement Option Grants were approved in accordance with Nasdaq Listing Rule 5635(c)(4) and were made on October 7, 2024, as a material inducement to each employee’s entry into employment with the Company. The Inducement Option Grants have an exercise price per share equal to the closing price of I Show less Read more
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