AIM ImmunoTech Reminds Stockholders of March 3, 2026 Expiration Date and Updates Terms of Previously Announced Rights Offering
Rhea-AI Summary
AIM ImmunoTech (NYSE:AIM) updated terms of its previously announced rights offering and reminded stockholders that the subscription period expires March 3, 2026 at 5:00 p.m. ET. Each subscription right now purchases one Unit for $1,000, consisting of one share of Series G Convertible Preferred Stock and 2,000 Class G common warrants.
Each Preferred share is convertible into 1,000 common shares (conversion price $1.00). Each warrant is exercisable for one common share at $1.00 per share and expires five years after issuance. Rights are non-transferable and exercise is irrevocable. The offering is made under an effective Form S-1 declared effective Feb. 10, 2026.
Positive
- Immediate capital access via $1,000 per Unit subscriptions
- Long-dated warrants exercisable for five years at $1.00 per share
Negative
- Potential dilution from conversion of 1,000 shares plus 2,000 warrants per Unit
- Non-transferable, irrevocable subscription rights once exercised
- Short window to subscribe: expires March 3, 2026 at 5:00 p.m. ET
News Market Reaction – AIM
In the Feb 27 session, AIM declined 8.32%, reflecting a notable negative market reaction. Argus tracked a trough of -3.8% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Feb 25 | Rights offering extension | Neutral | -4.7% | Extended subscription period for ongoing rights offering to March 3, 2026. |
| Feb 23 | Clinical milestones | Positive | +2.9% | Outlined Phase 2 DURIPANC enrollment, dosing, and endpoint timelines for Ampligen combo. |
| Feb 12 | Rights offering terms | Neutral | +58.2% | Commencement of rights offering for up to 12,000 Units at $1,000 per Unit. |
| Feb 12 | Investor event | Neutral | -6.4% | Announcement of live virtual investor Closing Bell event focused on Ampligen and DURIPANC. |
| Feb 11 | Rights offering launch | Neutral | -13.5% | Launch of rights offering targeting $12M gross proceeds via preferred and warrant Units. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent financing-related announcements have triggered sizeable but directionally mixed moves, while clinical milestones drew a modest positive reaction.
Over the past weeks, AIM has focused on capital raising and its Ampligen program. Multiple rights-offering announcements since Feb 11, 2026 outlined up to 12,000 Units at $1,000 each, with changing warrant and conversion terms, and have produced both sharp gains and selloffs. In parallel, a Phase 2 DURIPANC trial update on Feb 23, 2026 highlighting planned milestones and timelines drew a modest 2.86% gain, underscoring investor attention to clinical progress alongside dilution risk.
Key Terms
rights offering financial
convertible preferred stock financial
warrants financial
subscription rights financial
over-subscription privilege financial
dealer-manager financial
registration statement on Form S-1 regulatory
prospectus regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
OCALA, Fla., Feb. 27, 2026 (GLOBE NEWSWIRE) -- AIM ImmunoTech Inc. (NYSE American: AIM) – AIM ImmunoTech Inc. (“AIM” or the “Company”), an immuno-pharma company focused on the research and development of its lead product, Ampligen® (rintatolimod), for the treatment of late-stage pancreatic cancer – a lethal and unmet global health problem – today announced updated terms for its previously announced rights offering (the “Rights Offering”).
Each subscription right now entitles holders to purchase one unit (the “Units”), each Unit consisting of one share of the Company’s Series G Convertible Preferred Stock (the “Preferred Stock”), and 2,000 Class G Common Stock Purchase Warrants to purchase the Company’s Common Stock (the “Warrants”) at a subscription price of
All record holders of rights certificates that wish to participate in the rights offering must deliver a properly completed and signed rights certificate, together with payment of the subscription price for both basic subscription rights and any over-subscription privilege election, to the Subscription Agent, to be received before 5:00 p.m. Eastern Time on March 3, 2026. The address of the Subscription Agent is:
Broadridge, Inc.
Attn: BCIS IWS
51 Mercedes Way
Edgewood, NY 11717
The subscription rights are non-transferable and will only be exercisable during the subscription period. Once holders have exercised their subscription rights, such exercise may not be revoked, canceled, or changed, even if holders subsequently learn information about the Company or its business, financial position, results of operations or cash flows that is material or adverse or that the holders otherwise consider to be unfavorable. The Company may cancel, modify or amend the rights offering at any time and for any reason prior to the expiration of the subscription period. Subscription rights which are not exercised by the expiration date of the Rights Offering will expire and will have no value.
The Company has engaged Maxim Group LLC as dealer-manager for the Rights Offering. Questions about the Rights Offering or requests for copies of the final prospectus may be directed to Maxim Group LLC at 300 Park Avenue, New York, NY 10022, Attention Syndicate Department, or via e-mail at syndicate@maximgrp.com or telephone at +1 (212) 895-3745.
The Rights Offering is being made pursuant to the Company’s registration statement on Form S-1 (File No. 333-292085) (as amended, the “Registration Statement”), which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on February 10, 2026. The Rights Offering is being made only by means of a prospectus, copies of which have been delivered to holders of the Company's Common Stock as of 5:00 p.m., Eastern Time, on the Record Date and can be accessed through the SEC’s website at www.sec.gov. Questions about the Rights Offering or requests for a copy of the prospectus related to the Rights Offering may be directed to the Information Agent, Broadridge Corporate Issuer Solutions, LLC, at (855) 793-5068 or via e-mail at shareholder@broadridge.com.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any subscription rights, Common Stock, Warrants, Units or any other securities, nor will there be any offer, solicitation or sale of any subscription rights, Common Stock, Warrants, Units or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of such state or jurisdiction. This press release is not an offering and an offering can only be made by the prospectus and any prospectus supplements for the Rights Offering, which should be read carefully before making an investment decision.
About AIM ImmunoTech
AIM ImmunoTech Inc. is an immuno-pharma company focused on the research and development of its lead product, Ampligen® (rintatolimod), for the treatment of late-stage pancreatic cancer, a lethal and unmet global health problem. Ampligen is a dsRNA and highly selective TLR3 agonist immuno-modulator that has shown broad-spectrum activity in clinical trials.
Forward Looking Statements
Some of the statements included in this press release may be forward-looking statements that involve a number of risks and uncertainties. Among other things, for those statements, the Company claims the protection of safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements set forth in the press release speak only as of the date of the press release. The Company does not undertake to update any of these forward-looking statements to reflect events or circumstances that occur after the date hereof. The Company is in various stages of seeking to determine whether Ampligen® will be effective in the treatment of multiple types of viral diseases, cancers, and immune-deficiency disorders and disclosures in the Company’s reports filed with the SEC on its website and in its press releases set forth its current and anticipated future activities. These activities are subject to change for a number of reasons. Significant additional testing and trials will be required to determine whether Ampligen® will be effective in the treatment of these conditions. Results obtained in animal models do not necessarily predict results in humans. Human clinical trials will be necessary to prove whether or not Ampligen® will be efficacious in humans. No assurance can be given as to whether current or planned clinical trials will be successful or yield favorable data and the trials are subject to many factors including lack of regulatory approval(s), lack of study drug, or a change in priorities at the institutions sponsoring other trials. Even if these clinical trials are initiated, the Company cannot assure that the clinical studies will be successful or yield any useful data or require additional funding. Among the studies are clinical trials that provide only preliminary data with a small number of subjects, and no assurance can be given that the findings in these studies will prove true or that the study or studies will yield favorable results. No assurance can be given that future studies will not result in findings that are different from those reported in the studies referenced in the Company’s reports filed with the SEC, on the Company’s website and in its press releases. Operating in foreign countries carries with it a number of risks, including potential difficulties in enforcing intellectual property rights. The Company cannot assure that its potential foreign operations will not be adversely affected by these risks.
Please review the “Risk Factors” section in the Company’s latest annual report on Form 10-K and subsequent quarterly reports on Form 10-Q and the registration statement. Its filings are available at www.aimimmuno.com. The information found on the Company’s website is not incorporated by reference herein and is included for reference purposes only.

IR Contact: JTC Team, LLC Jenene Thomas 908.824.0775 AIM@jtcir.com