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INmune Bio (NASDAQ: INMB) boosts cash position with $4.6M in R&D rebates

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

INmune Bio Inc. reported that on July 30, 2026 it received a research and development cash rebate from Australia of approximately $4.2 million. This payment follows an additional approximately $0.4 million R&D rebate from the United Kingdom during June 2026, for combined rebates of about $4.6 million.

The company states that, after adjusting second-quarter operating cash flows to exclude the UK rebate received during the quarter, the combined rebate proceeds exceeded its net cash used in operating activities for that period. Management describes these rebates as non-dilutive cash that strengthens the balance sheet, extends the cash runway, and supports advancing CORDStrom™ (Ebstrocel™) toward regulatory filings, alongside other late-stage innate immune system programs.

Positive

  • Approximately $4.6 million in R&D rebates from Australia and the UK provide non-dilutive cash that exceeded the company’s net cash used in operating activities for the second quarter.

Negative

  • None.

Filing Explained

At March 31, 2026, the latest supplied quarter reported $21,358,000 of cash and equivalents, equal to 564.9 days of that quarter’s operating cash use; this is a historical liquidity baseline, not a current runway forecast.

Sources and calculations
  • Cash and equivalents vs quarterly operating cash outflow, in days of cash use $21,358,000 / ($3,403,000 / 90) = [object Object]
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Australian R&D cash rebate approximately $4.2 million Research and development cash rebate received from Australia on July 30, 2026
UK R&D cash rebate approximately $0.4 million Additional R&D rebate received from the United Kingdom during June 2026
Total R&D rebates approximately $4.6 million Combined Australian and UK R&D rebates received during June and July 2026
Quarterly operating cash comparison exceeded net cash used in operating activities Combined rebate proceeds compared with second-quarter net cash used in operating activities
Company phone number (561) 710-0512 Primary contact number listed for INmune Bio Inc.
research and development cash rebate financial
"it received a research and development cash rebate from Australia of approximately $4.2 million"
non-dilutive cash financial
"Receiving approximately $4.6 million in non-dilutive cash during June and July strengthens our financial position"
Non-dilutive cash is funding a company receives without issuing new shares or giving up ownership — examples include government grants, licensing revenue, non-convertible loans, or proceeds from asset sales that don’t convert into equity. It matters to investors because it preserves existing shareholders’ percentage ownership and per-share earnings, avoiding the “more slices of the same pie” effect that comes when a company issues additional stock, while still providing money to run or grow the business.
cash runway financial
"The rebates strengthen the Company's balance sheet and extend its cash runway as INmune Bio advances CORDStrom"
Cash runway is the amount of time a company can continue operating using its available cash before needing additional funding or generating enough revenue. It’s like a countdown showing how long a business can keep running with its current funds. Knowing the cash runway helps investors assess the company's financial health and whether it has enough resources to reach its goals or needs to find more support soon.
registrational milestones regulatory
"INmune Bio is actively advancing two late-stage product platforms toward registrational milestones"
precision medicine medical
"clinical-development strategy centers on advanced precision medicine, matching drug mechanisms directly to patient biology"
Precision medicine uses a person’s unique genetic makeup, lifestyle and environment to choose treatments and preventive steps that are more likely to work for them than one-size-fits-all approaches. For investors, it matters because it can make therapies more effective and efficient—think tailoring a suit rather than buying off the rack—affecting drug development costs, market size, pricing power and the speed at which therapies win regulatory approval.
forward-looking statements regulatory
"may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What R&D rebates did INmune Bio (INMB) recently receive and from where?

INmune Bio received a $4.2 million research and development cash rebate from Australia and about $0.4 million from the United Kingdom. The combined $4.6 million stems from established government programs supporting qualifying R&D activities in those jurisdictions.

How do the R&D rebates affect INmune Bio (INMB)’s cash flows and runway?

The company reports that combined R&D rebates exceeded its net cash used in operating activities for the second quarter. Management characterizes the funds as non-dilutive cash that strengthens the balance sheet and extends the cash runway without issuing additional equity.

Why are the R&D rebates important for INmune Bio (INMB)’s development programs?

Management says the approximately $4.6 million in non-dilutive rebates supports advancing CORDStrom™ (Ebstrocel™) toward regulatory filings. The funds also back broader clinical-development, manufacturing and regulatory activities tied to its late-stage innate immune system platforms.

Which product candidates does INmune Bio (INMB) highlight in connection with the rebates?

The company links the strengthened cash position to advancing CORDStrom™ (Ebstrocel™) toward regulatory filings. It also notes that CORDStrom™, XPro1595™ (XPro™, pegipanermin) and INKmune™ are in various stages of clinical development and have not been approved by any regulatory body.

What risks does INmune Bio (INMB) associate with its forward-looking statements about rebates and cash runway?

INmune Bio cautions that forward-looking statements on rebate amounts, timing, accounting treatment, cash balances and runway are subject to risks. These include foreign exchange rates, funding availability, drug production capacity and regulatory outcomes, as detailed in its SEC reports.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): July 31, 2026

 

INMUNE BIO INC.
(Exact name of registrant as specified in charter)

 

Nevada   001-38793   47-5205835
(State or other jurisdiction   (Commission File Number)   (IRS Employer
of incorporation)       Identification No.)

 

225 NE Mizner Blvd., Suite 640, Boca Raton, Florida 33432

(Address of Principal Executive Offices) (Zip Code)

 

(561) 710-0512 

(Registrant’s Telephone Number, Including Area Code)

 

Not Applicable

(Former Name or Former Address, If Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.001 per shares   INMB   The NASDAQ Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

Item 8.01. Other Events.

 

On July 31, 2026, INmune Bio Inc. issued a press release announcing that on July 30, 2026, it received a research and development cash rebate from Australia of approximately $4.2 million.

 

A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 9.01 Financial statements and Exhibits

 

(d) Exhibits.

 

99.1   Press Release dated July 31, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  INMUNE BIO INC.
   
Date: July 31, 2026 By: /s/ David Moss
  Name:  David Moss
  Title: Chief Executive Officer

 

2

 

Exhibit 99.1

 

 

INmune Bio Receives R&D Rebates of Approximately $4.6 Million

 

BOCA RATON, Fla., July 31, 2026 (GLOBE NEWSWIRE) -- INmune Bio Inc. (NASDAQ: INMB) (the “Company”), a late-stage biotechnology company focused on inflammation and immunology, today announced that on July 30, 2026, it received a research and development cash rebate from Australia of approximately $4.2 million.  This rebate is in addition to approximately $0.4 million of rebate from the United Kingdom during June 2026.  After adjusting second-quarter operating cash flows to exclude the approximately $0.4 million rebate received during the quarter, the combined rebate proceeds exceeded the Company's net cash used in operating activities during the quarter.  The rebates strengthen the Company's balance sheet and extend its cash runway as INmune Bio advances CORDStrom™ (Ebstrocel™) toward regulatory filings.

 

“These rebates are a meaningful financial milestone for INmune Bio and our shareholders,” said David Moss, Chief Executive Officer of INmune Bio.  “Receiving approximately $4.6 million in non-dilutive cash during June and July strengthens our financial position, extends our runway without issuing additional equity and allows us to preserve momentum across the near-term regulatory and clinical milestones that we believe can drive substantial value.   We are grateful for R&D incentive programs that recognize the significant investment required to develop new medicines. By supporting innovative biotechnology companies through long and capital-intensive development programs, these initiatives help advance promising therapies for patients with serious diseases and limited treatment options.”

 

The rebates were generated through established government programs designed to support qualifying research and development conducted in the UK and Australia. They reflect eligible expenditures related to the Company’s clinical-development, manufacturing and regulatory activities in those jurisdictions.

 

About INmune Bio Inc.

 

INmune Bio Inc. is a publicly traded (NASDAQ: INMB), late-stage biotechnology company focused on developing treatments that target the innate immune system to fight disease. Moving beyond early-stage exploration, the Company’s clinical-development strategy centers on advanced precision medicine, matching drug mechanisms directly to patient biology to optimize clinical outcomes.

 

INmune Bio is actively advancing two late-stage product platforms toward registrational milestones:

 

CORDStrom™: A proprietary, pooled, allogeneic, human umbilical cord-derived mesenchymal stromal cell platform engineered to address the historical clinical challenges of donor variability and manufacturing inconsistency. Following successful clinical readouts in RDEB, the platform is transitioning to regulatory filing phases, with an MAA planned for the UK MHRA in 2026 and EU EMA in 2027, alongside a planned U.S. Biologics License Application (BLA) submission.

 

XPro1595™: A Dominant-Negative Tumor Necrosis Factor (DN-TNF) platform that selectively neutralizes soluble TNF (sTNF) to eliminate neuroinflammation without compromising protective immune function. Backed by recently granted FDA Fast Track designation and successful regulatory alignment from an End-of-Phase 2 meeting, XPro1595™ is positioned for an integrated Phase 2b/3 seamless adaptive registrational program in neuroinflammation-enriched early Alzheimer’s disease.

 

To learn more about INmune Bio’s pipeline and its approach to harnessing the innate immune system, please visit www.inmunebio.com.

 

 

 

Forward Looking Statements

 

Clinical trials are in early stages and there is no assurance that any specific outcome will be achieved. Any statements contained in this press release related to the development or commercialization of product candidates and other business and financial matters, including without limitation, the amount, timing, accounting treatment and financial impact of R&D rebates; anticipated cash balances, cash burn, net cash generation and cash runway; trial results and data; the timing of key milestones; future plans or expectations; and the prospects for receiving regulatory approval or commercializing or selling any product or drug candidates, may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations but are subject to several risks and uncertainties. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements because of these risks and uncertainties. CORDStrom™, XPro1595™ (XPro™, pegipanermin), and INKmune™ have either finished clinical trials, are still in clinical trials or are preparing to start clinical trials and have not been approved by the US Food and Drug Administration (FDA), the UK MHRA or any regulatory body, and there cannot be any assurance that they will be approved by the FDA, the UK MHRA or any regulatory body or that any specific results will be achieved. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to foreign exchange rates; finalization of the Company’s financial statements; the Company’s ability to produce more drug for clinical trials; the availability of substantial additional funding for the Company to continue its operations and to conduct research and development, clinical studies and future product commercialization; and the Company’s business, research, product development, regulatory approval, marketing and distribution plans and strategies. These and other factors are identified and described in more detail in the Company’s filings with the Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K, the Company’s Quarterly Reports on Form 10-Q and the Company’s Current Reports on Form 8-K. The Company assumes no obligation to update any forward-looking statements to reflect any event or circumstance that may arise after the date of this release.

 

INmune Bio Contacts:

 

David Moss 
Chief Executive Officer 
(561) 710-0512 
info@inmunebio.com

Daniel Carlson 
Head of Investor Relations 
(415) 509-4590 
dcarlson@inmunebio.com

 

 

 

Filing Exhibits & Attachments

4 documents