IMUNON announces $10M registered direct offering of 5M shares and warrants at $2.00, closing Aug 1

Imunon, Inc.

Selling 5,000,000 common shares and warrants to purchase 5,000,000 shares at $2.00 per unit.
Warrants exercisable immediately at $2.00/share for 5.5 years from issuance.
Gross proceeds of $10 million; net proceeds for working capital and general corporate purposes.
Company terminated the ATM prospectus; ATM agreement remains in effect but no sales until new filing.
Closing expected on or about August 1, 2024, subject to customary conditions.

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