Immunic
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Immunic (IMUX) investor relations material

Immunic Proxy Filing summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Proxy Filing summary2 Mar, 2026

Executive summary

  • A special meeting will be held virtually on April 14, 2026, to vote on a reverse stock split proposal for common stock at a ratio between 1-for-10 and 1-for-30, with the exact ratio to be determined by the board.

  • The reverse stock split is intended to increase the per-share trading price and help maintain compliance with Nasdaq listing requirements after a transfer to the Nasdaq Capital Market due to non-compliance with the minimum bid price rule.

  • Failure to approve the reverse split could result in delisting, reduced liquidity, and diminished access to capital and investor interest.

  • The board is authorized to implement, defer, or abandon the reverse split at its discretion within one year of shareholder approval.

Voting matters and shareholder proposals

  • The sole proposal is to authorize the board to amend the certificate of incorporation to effect a reverse stock split at a ratio between 1-for-10 and 1-for-30.

  • The board unanimously recommends voting FOR the proposal.

  • Approval requires a majority of votes cast at the meeting; abstentions and broker non-votes will not affect the outcome.

  • No dissenter’s or appraisal rights are available for this proposal.

Board of directors and corporate governance

  • The board retains discretion to determine the timing and ratio of the reverse split or to abandon it if deemed not in the best interests of the company or shareholders.

  • The board’s primary objective is to maintain Nasdaq listing and facilitate capital raising.

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Leerink Global Healthcare Conference 202611 Mar, 2026
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Frequently asked questions

Immunic Inc. is a clinical-stage biopharmaceutical company, developing a pipeline of selective oral immunology therapies. The company’s lead development program is IMU-838, which is in Phase 2 clinical for treatment of relapsing-remitting multiple sclerosis, inflammatory bowel disease and other chronic inflammatory and autoimmune diseases, as well as to treat coronavirus disease. Its other programs are IMU-935 for the restoration of the intestinal barrier in patients suffering from diseases such as inflammatory bowel disease; IMU-856 for restoration of the intestinal barrier function in patients suffering from diseases such as inflammatory bowel disease with diarrhea; and an anti-inflammatory intravenous formulation being developed to treat acute kidney injury.

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