Immune Pharmaceuticals Inc (fka IMNPQ)

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In connection with the Company’s efforts to regain compliance with the Rule, the Company’s Board of Directors has unanimously adopted resolutions approving a proposal to amend the Company’s certificate of incorporation to effect a reverse stock split of the Company’s outstanding shares of common stock, at a ratio to be determined by the Company’s Board of Directors in its sole discretion, but in all cases within a range of 1-for-2 and 1-for-25 shares.