Imunon (IMNN) shareholders boost stock plan pool and reelect directors
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Imunon, Inc. held its 2026 Annual Meeting of Stockholders, where shareholders approved an amendment to the 2018 Stock Incentive Plan to add 1,000,000 shares of common stock, bringing the plan’s aggregate share limit to 1,265,004 shares.
Shareholders elected two Class I directors, Frederick J. Fritz and Christine A. Pellizzari, to serve until the 2029 annual meeting. They also ratified WithumSmith + Brown, PC as independent registered public accounting firm for the fiscal year ending December 31, 2026 and approved, on an advisory basis, 2025 executive compensation.
As of the record date, 3,983,342 shares of common stock were outstanding and entitled to vote, and 1,808,666 shares were represented in person or by proxy at the meeting, constituting a quorum.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 5.02, 5.07, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Plan share increase: 1,000,000 shares
New plan limit: 1,265,004 shares
Shares outstanding: 3,983,342 shares
+4 more
7 metrics
Plan share increase
1,000,000 shares
Additional shares added to 2018 Stock Incentive Plan
New plan limit
1,265,004 shares
Aggregate share limit under 2018 Stock Incentive Plan after amendment
Shares outstanding
3,983,342 shares
Common stock outstanding and entitled to vote as of record date
Shares represented
1,808,666 shares
Shares present in person or by proxy at Annual Meeting (quorum)
Auditor ratification For votes
1,715,881 shares
Votes in favor of WithumSmith + Brown, PC for FY 2026
Say-on-Pay For votes
580,096 shares
Votes supporting 2025 named executive officer compensation
Plan amendment For votes
562,622 shares
Votes supporting increase in shares under 2018 Stock Incentive Plan
Key Terms
2018 Stock Incentive Plan, quorum, independent registered public accounting firm, Say-on-Pay, +1 more
5 terms
2018 Stock Incentive Plan financial
"approved an amendment to the IMUNON, Inc. 2018 Stock Incentive Plan (the “Plan”)"
quorum regulatory
"1,808,666 shares of the Company’s common stock were represented in person or by proxy, constituting a quorum"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
independent registered public accounting firm regulatory
"ratified the appointment of WithumSmith + Brown, PC as the independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
Say-on-Pay financial
"The proposal to approve, on an advisory basis, the 2025 compensation of the Company’s named executive officers (“Say-on-Pay”)"
A say-on-pay is a shareholder vote that gives investors a chance to approve or disapprove a company’s executive compensation packages, typically held at annual meetings. It matters because the vote signals investor satisfaction with how leaders are paid—like customers rating how well managers are rewarded—and can push boards to change pay plans, reducing governance risk and affecting investor confidence and stock value even though the vote is usually advisory rather than legally binding.
broker non-votes regulatory
"For | | Against | | Abstain | | Broker Non-Votes 580,096 | | 115,666 | | 22,529 | | 1,090,375"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
FAQ
Which directors were elected at Imunon’s 2026 Annual Meeting?
Shareholders elected Frederick J. Fritz and Christine A. Pellizzari as Class I directors to serve until Imunon’s 2029 annual meeting. Their elections received more votes “For” than “Withheld,” with additional broker non-votes reported in the final tally disclosed by the company.