secwatch.observer — SEC 8-K summary
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Issuer:     Imunon, Inc. (IMNN)
CIK:        0000749647
Form:       8-K
Filed at:   2025-05-30T23:59:59+00:00
Accession:  0001641172-25-013051
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Imunon receives Nasdaq delisting notice for bid price and equity non-compliance
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- Delisting determination letter received May 28, 2025 for failure to regain $1.00 minimum bid price by May 27, 2025.
- Company not eligible for additional extension due to not meeting $5M minimum stockholders' equity requirement.
- Separate deficiency notice on May 19, 2025 for non-compliance with minimum stockholders' equity under Rule 5550(b)(1).
- Company will request a hearing by June 4, 2025 to appeal; trading suspension stayed pending hearing decision.
- Plans to propose a reverse stock split to regain compliance, subject to board and stockholder approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/749647/000164117225013051/0001641172-25-013051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/749647/000164117225013051/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-013051

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