INmune Bio Inc. is offering 2,341,260 shares of common stock and warrants to purchase up to 2,341,260 shares of common stock. The offering price per share of common stock and accompanying Warrant is $5.50 for Third-party investors and $6.50 for Insiders. The Warrants are exercisable beginning on March 16, 2025, at an exercise price of $6.40 per share, and will expire on March 16, 2030, unless accelerated. The net proceeds from this offering will be used for funding to complete the Phase 2 AD trial of XPro, initiate the Phase 2 trial of TRD, continue the INKmune programs, and for general corporate purposes, working capital, other R&D, and manufacturing.