Fennec Pharmaceuticals Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Fennec Pharmaceuticals granted 50,000 stock options to three new non-executive employees as an inducement to hire. The options have an exercise price of $9.75, matching the closing price on March 15, 2026, and vest over three years.
Key figures
- Offering Price
- 9.75
- Shares Offered
- 50000
- Grant date
- 2026-05-18
- Iso shares
- 49141
- Nsrs shares
- 859
- Vesting period
- 3 years (1/3 at 1 year, remainder monthly over 24 months)
AI analysis
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