AIM ImmunoTech Reminds Shareholders to Vote "FOR" All Four Incumbent Board Members on the WHITE Universal Proxy Card

Business Wire12-16

Urges Shareholders to Ensure Their Voices Are Heard and to Protect Their Investment by Supporting Current Board Believes Incumbent Board is Best Positioned to Continue Overseeing the Clinical ...

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Believes Incumbent Board is Best Positioned to Continue Overseeing the Clinical Development of Ampligen and Deliver Long-Term Value for All Shareholders. Warns Shareholders that the Activist Group’s Self-Interested Agenda Could Put AIM’s Progress at Risk. Highlights the Activist Group’s Lack of a Plan and Persistent Attempts to Mislead Shareholders. AIM urges shareholders to protect their investment and the Company's future by voting on the WHITE universal proxy card \"FOR\" all four current members of our Board of Directors .It is extremely important that shareholders vote as soon as possible – no matter how many shares they own.Given that the Annual Meeting is quickly approaching, shareholders are encouraged to vote by internet according to the instructions on their WHITE universal proxy card.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AIM":"AIM ImmunoTech Inc","UVV":"环球烟草","BK4075":"烟草","FOR":"福里斯特","BK4557":"大麻股","BK4024":"房地产开发","BK4139":"生物科技"},"translate_title":"AIM ImmunoTech提醒股东在白色通用代理卡上投票“支持”所有四名现任董事会成员","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AIM":1,"FOR":1,"UVV":1},"content_text":"Urges Shareholders to Ensure Their Voices Are Heard and to Protect Their Investment by Supporting Current Board\nBelieves Incumbent Board is Best Positioned to Continue Overseeing the Clinical Development of Ampligen and Deliver Long-Term Value for All Shareholders\nWarns Shareholders that the Activist Group’s Self-Interested Agenda Could Put AIM’s Progress at Risk\nHighlights the Activist Group’s Lack of a Plan and Persistent Attempts to Mislead Shareholders\nOCALA, Fla., December 16, 2024--(BUSINESS WIRE)--AIM ImmunoTech Inc. (NYSE American: AIM) (\"AIM\" or the \"Company\") today issued the following statement in connection with the upcoming 2024 Annual Meeting of Stockholders (the \"Annual Meeting\"), presently scheduled for December 17, 2024 at 11:00 a.m. ET:\nAIM urges shareholders to protect their investment and the Company's future by voting on the WHITE universal proxy card \"FOR\" all four current members of our Board of Directors (the \"Board\").\nAIM is confident that its incumbent directors have the right backgrounds and relevant expertise to continue driving forward our strategy to realize long-term value for all shareholders. We have significant momentum in our clinical development programs – especially in areas of critical unmet need – that is laying the groundwork for commercialization opportunities. The partnerships we have forged with large biopharmaceutical companies and world-class research organizations are a testament to the potential of our lead drug candidate, Ampligen.\nAllowing the group of activist investors (the \"Activist Group\") to take control of the Board could jeopardize this progress, give them access to AIM’s capital to reimburse themselves more than $5 million dollars and destroy the chances of near-term value creation for shareholders. The Activist Group lacks a clear plan for AIM – as leading proxy advisory firms Institutional Shareholder Services Inc. and Glass, Lewis & Co., LLC both concluded – and shareholders should not be taken in by their desperate eleventh hour attempts to make it seem otherwise.\nShareholders can Safeguard AIM by voting \"FOR\" all four of the Board’s incumbent candidates – Stewart L. Appelrouth, Nancy K. Bryan, Thomas K. Equels and Dr. William M. Mitchell – on the WHITE universal proxy card.\nIt is extremely important that shareholders vote as soon as possible – no matter how many shares they own.\nGiven that the Annual Meeting is quickly approaching, shareholders are encouraged to vote by internet according to the instructions on their WHITE universal proxy card.\nIf shareholders have any questions or require any assistance in voting their shares, please contact our proxy solicitor:\nSodali & Co.430 Park Avenue, 14th FloorNew York, NY 10022\nShareholders may call toll-free: (800) 662-5200Banks, Brokers, Trustees, and Other Nominees Call Collect: (203) 658-9400Email: AIM@investor.Sodali.com\nFor more information visit: www.SafeguardAIM.com.\n***\nAbout AIM ImmunoTech Inc.\nAIM ImmunoTech Inc. is an immuno-pharma company focused on the research and development of therapeutics to treat multiple types of cancers, immune disorders and viral diseases, including COVID-19. The Company’s lead product is a first-in-class investigational drug called Ampligen® (rintatolimod), a dsRNA and highly selective TLR3 agonist immuno-modulator with broad spectrum activity in clinical trials for globally important cancers, viral diseases and disorders of the immune system.\nFor more information, please visit aimimmuno.com and connect with the Company on X, LinkedIn, and Facebook.\nForward-Looking Statements\nThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the \"PSLRA\"). Words such as \"may,\" \"will,\" \"expect,\" \"plan,\" \"anticipate,\" \"continue,\" \"believe,\" \"potential,\" \"upcoming\" and other variations thereon and similar expressions (as well as other words or expressions referencing future events or circumstances) are intended to identify forward-looking statements. Many of these forward-looking statements involve a number of risks and uncertainties. Data, pre-clinical success and clinical success seen to date does not guarantee that Ampligen will be approved as a treatment or therapy for any diseases or conditions. The Company urges investors to consider specifically the various risk factors identified in its most recent Annual Report on Form 10-K, and any risk factors or cautionary statements included in any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K, filed with the U.S. Securities and Exchange Commission (the \"SEC\"). You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Among other things, for those statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the PSLRA. The Company does not undertake to update any of these forward-looking statements to reflect events or circumstances that occur after the date hereof.\nImportant Additional Information\nThe Company, its directors and executive officers, Peter W. Rodino, III and Robert Dickey, IV, are deemed to be \"participants\" (as defined in Section 14(a) of the Securities Exchange Act of 1934, as amended) in the solicitation of proxies from the Company’s stockholders in connection with the Annual Meeting. The Company filed its definitive proxy statement (the \"Definitive Proxy Statement\") and a WHITE universal proxy card with the SEC on November 4, 2024 in connection with such solicitation of proxies from the Company’s stockholders. STOCKHOLDERS OF THE COMPANY ARE STRONGLY ENCOURAGED TO READ SUCH DEFINITIVE PROXY STATEMENT, ACCOMPANYING WHITE UNIVERSAL PROXY CARD AND ALL OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY AS THEY CONTAIN IMPORTANT INFORMATION ABOUT THE ANNUAL MEETING. The Definitive Proxy Statement contains information regarding the identity of the participants, and their direct and indirect interests, by security holdings or otherwise, in the Company’s securities and can be found in the section titled \"Principal Stockholders\" of the Definitive Proxy Statement and available here. Information regarding subsequent changes to their holdings of the Company’s securities can be found in the SEC filings on Forms 3, 4, and 5, which are available on the Company’s website available here or through the SEC’s website at www.sec.gov. Stockholders will be able to obtain the Definitive Proxy Statement, any amendments or supplements thereto and other documents filed by the Company with the SEC at no charge at the SEC’s website at www.sec.gov. Copies will also be available at no charge at the Company’s website at https://aimimmuno.com/sec-filings/.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20241215458142/en/\nContacts\nInvestor Contact: JTC Team, LLCJenene Thomas908-824-0775AIM@jtcir.com\nMedia Contact: Longacre Square PartnersJoe Germani / Miller WinstonAIM@longacresquare.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2491697021"}