Imunon Swaps $1.2 Million of A-1 Note for Series B Preferred With Streeterville

Imunon entered into an Exchange Agreement with Streeterville Capital to retire $1.2 million of principal, plus accrued interest, under its Secured Promissory Note A-1. In return, the investor received 120 shares of newly designated Series B Preferred Stock at $10,000 per share, reducing Imunon’s A…