INmune Bio CSO exercises 7,211 warrants
INmune Bio, Inc. Chief Scientific Officer Mark William Lowdell exercised common stock purchase warrants to acquire 7,211 shares of Common Stock at an exercise price of $1.40 per share.
Rhea-AI Filing Summary
INmune Bio, Inc. Chief Scientific Officer Mark William Lowdell exercised common stock purchase warrants to acquire 7,211 shares of Common Stock at an exercise price of $1.40 per share. This increased his directly held stake to 1,518,017 Common shares.
The exercise was part of a warrant inducement arrangement tied to April 2024 Warrants. Lowdell agreed to exercise 50% of his April 2024 Warrants for cash, while the company extended the maturity date of the remaining 50% of those warrants from June 30, 2026 to December 31, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| In-the-Money Exercise | Common Stock Purchase Warrant | 7,211 | $0.125 | $901.38 |
| Exercise | Common Stock | 7,211 | $1.40 | $10K |
Footnotes (1)
- F1. Represents 7,211 shares of Common Stock acquired upon exercise of common stock purchase warrants held by the Reporting Person. The Reporting Person and other holders of common stock purchase warrants previously issued by the Issuer in its April 2024 offerings on April 24, 2024 and April 29, 2024, as such warrants were amended on December 22, 2025 (the "April 2024 Warrants"), entered into a warrant inducement offer letter agreement with the Issuer (the "Inducement Letter"). Pursuant to the Inducement Letter, the Reporting Person agreed to exercise, for cash, 7,211 April 2024 Warrants, representing 50% of the April 2024 Warrants held by it, and agreed to purchase 7,211 shares of common stock at a reduced exercise price of $1.40 in exchange for the Issuer's agreement to extend the maturity date of the April 2024 Warrants, as it relates to the remaining 50% of the April 2024 Warrants that were not exercised, from June 30, 2026, to December 31, 2027.
Key Figures
Key Terms
Common Stock Purchase Warrant financial
warrant inducement offer letter agreement financial
April 2024 Warrants financial
exercise price financial
maturity date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did INmune Bio (INMB) executive Mark Lowdell report in this Form 4?
What were the terms of the INmune Bio (INMB) warrant exercise reported by Mark Lowdell?
How did the INmune Bio (INMB) warrant inducement affect remaining April 2024 Warrants?
Was the INmune Bio (INMB) transaction an open-market buy or a warrant exercise?
AI-generated analysis. How Rhea-AI works. Not financial advice.