Management Change/Compensation (Form 8-K)

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Termination of Chief Financial Officer

On June 13, 2025, Imunon, Inc. (the "Company") terminated the consulting agreement (as amended, the "Agreement"), dated April 15, 2024, by and between the Company and Monomoy Advisors, LLC, a financial advisory services firm ("Monomoy"), as well as David Gaiero's service pursuant to the Agreement as the Company's interim Chief Financial Officer (a position he has held since June of 2024), in each case effective June 13, 2025.

Appointment of New Chief Financial Officer

As a result of the termination of the Agreement and Mr. Gaiero's related service, effective June 13, 2025, the Company appointed Kimberly Graper to serve as the Company's interim Chief Financial Officer. Ms. Graper will serve as the Company's principal financial officer and principal accounting officer.

In October 2022, Ms. Graper joined Imunon Inc. as Vice President of Finance and Corporate Controller. Prior to joining Imunon, she served as Senior Director and Corporate Controller at F2G Inc., a clinical-stage biotech company, from November 2021 to October 2022. From June 2020 to November 2021, she held the position of Corporate Controller at Timber Pharmaceuticals, Inc., where she was responsible for financial reporting, budgeting, and SEC compliance. Earlier in her career, Ms. Graper served as U.S. Corporate Controller for the U.S. headquarters of Anticimex Inc., a private equity-backed high-growth company. She also held the role of Director of Finance and U.S. Controller at Derma Sciences, a medical device company later acquired by Integra LifeSciences. During her tenure at Hunterdon Healthcare System, Ms. Graper held senior financial positions of increasing responsibility, including Director of Corporate Accounting and Assistant Treasurer. She began her career at Amper, Politziner & Mattia (now EisnerAmper), where she served a diverse client base as a Certified Public Accountant. Ms. Graper earned a Bachelor of Science in Accounting from Clemson University and a Juris Doctor from Seton Hall School of Law. She is a Certified Public Accountant in the state of New Jersey.

Previously, on September 20, 2022, Ms. Graper entered into an offer letter of employment with the Company, with her employment effective as of October 17, 2022 (the "Offer Letter"). The Company will continue to pay Ms. Graper a salary of $244,800 and she is eligible to receive a target annual performance bonus of 30% of her annual base salary. The foregoing description of the Offer Letter is not complete and is qualified in its entirety by reference to the Offer Letter, which is filed herewith as Exhibit 10.1 and incorporated by reference herein.

The selection of Ms. Graper to serve as principal financial officer and principal accounting officer was not pursuant to any arrangement or understanding between her and any other person. Ms. Graper has no family relationship with any director or executive officer of the Company, and she has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K of the Securities Exchange Act of 1934, as amended.