AIM ImmunoTech Inc.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 to the extent available. Forward-looking statements include all statements other than statements of historical fact and may be identified by words such as “believes,” “expects,” “intends,” “may,” “will,” “plans,” “potential,” “anticipates,” “estimates,” “continues,” “could,” “should” and similar expressions, although not all forward-looking statements contain these identifying words. Forward-looking statements in this press release include, without limitation, statements regarding the offering, the expected gross proceeds and anticipated closing of the offering, the intended use of proceeds, the issuance and terms of the Class J Warrants, anticipated milestones, the timing of commencement, enrollment, completion and results of clinical trials, the Company’s clinical and operational priorities, intellectual property expansion, regulatory progress and the timing and receipt of government approvals, if at all.

These forward-looking statements are based on the Company’s current expectations, estimates, forecasts and assumptions and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, without limitation, risks related to the satisfaction of closing conditions, market conditions, the availability and sufficiency of funding and clinical drug supply, the Company’s ability to conduct and complete planned clinical trials, the timing and results of preclinical studies and clinical trials, whether preliminary or preclinical results will be predictive of future clinical trial results or results in humans, the need for and receipt of regulatory approvals, changes in priorities at institutions sponsoring or conducting trials, the Company’s ability to protect and enforce its intellectual property rights, risks associated with potential foreign operations and other risks described in the Company’s filings with the SEC.

The Company is in various stages of determining whether Ampligen® will be effective in the treatment of multiple types of viral diseases, cancers and immune-deficiency disorders, and significant additional testing and trials will be required to determine whether Ampligen® will be effective for these conditions. No assurance can be given that any current or planned clinical trials will be initiated, completed, successful or yield favorable or useful data, that preliminary studies will prove accurate or that future studies will not result in findings that differ from those previously reported by the Company. For a further discussion of risks and uncertainties, please review the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, including any prospectus supplement filed in connection with the offering and the documents incorporated by reference therein. These filings are available at www.sec.gov and www.aimimmuno.com. The information on the Company’s website is not incorporated by reference into this press release and is included for reference purposes only. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.