AIM AIM ImmunoTech Inc

 

Filed Pursuant to Rule 424(b)(5)

Registration No. 333-262280

 

PROSPECTUS SUPPLEMENT

(To Prospectus dated February 4, 2022)

 

Up to $8,150,000

Common Stock

 

AIM ImmunoTech Inc.

 

 

This prospectus supplement amends and supplements the information in the prospectus, dated February 4, 2022, filed as a part of our registration statement on Form S-3 (File No. 333-262280), or the Base Prospectus, as supplemented by our prospectus supplement dated April 19, 2023, or the Prior Prospectus Supplement and together with the Base Prospectus, the Prior Prospectuses. This prospectus supplement should be read in conjunction with the Prior Prospectuses, and is qualified by reference thereto, except to the extent that the information herein amends or supersedes the information contained in the Prior Prospectuses. This prospectus supplement is not complete without, and may only be delivered or utilized in connection with, the Prior Prospectuses, and any future amendments or supplements thereto.

 

We filed the Prior Prospectus Supplement to register the offer and sale of our common stock, par value $0.001 per share, from time to time pursuant to the terms of that certain At The Market Offering Agreement, or the sales agreement, between Maxim Group LLC, or Maxim, acting as the agent, and us.

 

We are filing this prospectus supplement to amend the Prior Prospectus Supplement to change the amount of shares we are eligible to sell under the sales agreement. As amended, we may offer and sell shares of our common stock having an aggregate offering price of up to $8,150,000 from time to time through Maxim which does not include the shares of common stock having an aggregate sales price of approximately $929,571 that were sold pursuant to the Prior Prospectuses during the past 12 months.

 

As of the date of this prospectus supplement, the aggregate market value of our common stock held by non-affiliates of our public float was approximately $30,797,309 based on a total number of 51,495,722 shares of common stock outstanding, of which 1,345,406 shares of common stock were held by affiliates, at an approximate price of $0.6141 per share, the closing sales price of our common stock on April 11, 2024, which is the highest closing price of our common stock on NYSE American within the prior 60 days. We have sold approximately $929,571 of securities pursuant to General Instruction I.B.6 of Form S-3 during the prior 12-calendar month period that ends on and includes the date of this prospectus supplement (excluding this offering). Accordingly, based on the foregoing, we are currently eligible under General Instruction I.B.6 of Form S-3 to offer and sell shares of our Common Stock having an aggregate offering price of up to approximately $10,265,770. Pursuant to General Instruction I.B.6 of Form S-3, in no event will we sell securities in a public primary offering with a value exceeding one-third of our public float in any 12-month period so long as our public float remains below $75.0 million.

 

 

Our common stock is listed on the NYSE American under the symbol “AIM.” On May 30, 2024, the last reported sale price of our common stock on the NYSE American was $0.36 per share.

 

NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR PASSED UPON THE ADEQUACY OR ACCURACY OF THIS PROSPECTUS SUPPLEMENT AND THE ACCOMPANYING PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

 

Maxim Group LLC

 

The date of this prospectus supplement is May 30, 2024

 

 

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